3-bedroom bungalow · KT16 8HQ
To rentReduced £50 (−2.2%) on 24 OctListed 69 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hermens is pleased to offer this exceptionally practical and deceptively spacious three-bedroom bungalow on the popular Fordwater Road in Chertsey, combining well-presented single-level accommodation with excellent parking, private outside space and a substantial detached double garage.
The accommodation is arranged entirely on the ground floor and has been designed with modern, low-maintenance living in mind.
At the rear of the property is an impressive open-plan kitchen, living and dining space, providing a bright and versatile centre to the home.
The contemporary fitted kitchen offers generous cupboard and worktop space together with integrated cooking appliances, while a large rooflight introduces additional natural light.
The living and dining area opens through wide glazed doors onto a raised deck and the private rear garden, creating an excellent connection between the internal and external spaces and making the room particularly suited to both everyday living and entertaining.
There are three bedrooms, offering flexibility for sleeping accommodation, home working or guest use, together with a modern family bathroom.
A particularly valuable feature of the property is the substantial detached double garage situated at the rear.
Considerably larger than a conventional single garage, it provides excellent secure storage and workshop or hobby space and additionally incorporates a useful utility area with sink, washing machine and tumble dryer.
For tenants requiring substantial storage or ancillary space, this is a significant advantage rarely found with comparable three-bedroom homes.
Externally, the property also benefits from a private rear garden with decking and a driveway providing parking for two vehicles.
Fordwater Road is conveniently positioned for Chertsey town centre, with its range of everyday shops, cafés and amenities.
Chertsey railway station is approximately 0.6 miles away and provides connections towards London Waterloo, making the property well placed for commuters.
Road connections are also excellent, with convenient access to the M25 and onward connections to the M3 and M4.
For families considering local schooling, nearby schools include Stepgates Community School, St Anne's Catholic Primary School and Chertsey High School.
Chertsey Meads, the River Thames and surrounding open spaces are also within easy reach for walking and recreation.
A distinctive and highly practical three-bedroom home offering far more ancillary space than is typically available at this price point. Early viewing is recommended. Note: Photos are from 2022.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 98, Fordwater Road, Chertsey
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