Gladstone Road, Ashtead KT21

London

£250,000

Listed on 16/06/2026

Property details

Bedrooms

N/A

Type

Parking

Description

This freehold investment comprises a block of six lock-up garages, each currently leased under individual licenses, generating an annual income of approximately £12,264. The property offers not only immediate rental yields but also significant long-term prospects for redevelopment, subject to obtaining the necessary planning permissions. Investors looking for opportunities in the thriving London market will find potential here to enhance returns through strategic renovation or development.

Investment analysis

(KT21 area)

Area Average

£557/sq ft

Renovation Potential

Light Refurb

Est. Renovation Cost

£15,000 - £30,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

10%

Properties sold annually

Local Market Trend (KT21)

Area prices are stable by +0.1% over the last 12 months

3 year growth: +4.4%

5 year growth: +9.4%

Investment Disclaimer: Analysis based on KT21 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.

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Location

Gladstone Road, Ashtead KT21

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Mortgage calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£944

Based on a loan of £187,500 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

This calculation uses non-residential (land/commercial) tax rates.

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Gladstone Road, Ashtead KT21

Property details

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