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Pear Tree Road, Ashford TW15

London

£500,000

Listed on 22/06/2026

Property Details

Bedrooms
5
Type
Detached Bungalow
Area
1345 sqft

Description

This property presents an intriguing chance for investors, developers, or individuals seeking a renovation challenge. The existing structure is a five-bedroom bungalow that offers substantial refurbishment potential or the opportunity for complete redevelopment. You might consider either revamping the current layout or replacing it with a modern three- to four-bedroom detached bungalow. Additionally, the generous depth of the rear garden invites further development possibilities—options could include constructing two to three detached or semi-detached homes, or even two to four maisonettes, pending local planning approvals from Runnymede Borough Council. Interested parties should conduct their own investigations and can arrange site visits by appointment only, with all offers required in writing and accompanied by proof of funds.

Investment Analysis

(TW15 area)

Below Market Value

This property is priced -23.1% below area average per sq ft

-23.1%
Potential saving
This Property
£372/sq ft
Area Average
£484/sq ft
Avg Rent (weekly)
£410
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £120,000
Target Value
£715,634
10% above area average per sq ft
Potential ROI
+15.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TW15)

Area prices are rising by +3.4% over the last 12 months
3 year growth: +7.0%
5 year growth: +13.6%
Investment Disclaimer: Analysis based on TW15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Pear Tree Road, Ashford TW15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,889
Based on a loan of £375,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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