ERMYN WAY, LEATHERHEAD, KT22
London
£675,000
Listed on 22/10/2026
Listed on 22/10/2026
The listing
Property details
Bedrooms
4Type
Detached HouseArea
1194 sqftFeatures
- Garage
- Garden
- Parking
Description
This four-bedroom detached chalet bungalow is set on a secluded corner plot on the Ashtead and Leatherhead border. The listing notes gas central heating, a double garage and driveway parking, together with a part-walled garden. Nearby schools named in the listing include St Andrew's Secondary, Downsend, St John's and St Peter's, and the property is described as within walking distance of them. The house offers scope for modernisation and possible extension, subject to the necessary local authority consents and verification of feasibility.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
49out of 100
Grade ELow opportunity
Confidence: MEDIUM
This detached chalet bungalow has a clean, usable interior and a well-established, part-walled garden with mature planting. The older kitchen finishes and interior details offer scope for a light cosmetic refresh, while the double garage, corner plot and stated extension potential (subject to consents and feasibility) give the project some flexibility. The strong fundamentals are a plus, but the asking price is above the local £/sq ft benchmark, and purchase plus refurbishment costs look tight against local benchmarks, so the numbers leave limited headroom for a project buyer.
Key opportunities
- Refresh the dated kitchen finishes and older interior details as a manageable cosmetic project.
- Make use of the established, part-walled garden and secluded corner plot.
- Explore the stated extension potential, subject to local authority consents and establishing feasibility.
Key risks
- Purchase and refurbishment costs look tight against local benchmarks, leaving limited margin at the asking price.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,550
Based on a loan of £506,250 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-17.7% since listed
£675,000£25,000(-3.6%)
20/10/2026£700,000£50,000(-6.7%)
26/03/2026£750,000£15,000(-2.0%)
02/08/2025£765,000£34,000(-4.3%)
17/06/2025£799,000£21,000(-2.6%)
07/12/2024£820,000Initial listing
16/09/2024Services
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