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Outwood Lane, Chipstead

South East

£1,250,000
Listed on 09/08/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1969 sqft

Description

This property presents a compelling opportunity for renovation and investment, situated on the outskirts of Chipstead Village. With outline planning consent already in place for the construction of two five-bedroom detached houses, each approximately 3,300 square feet, the potential for development is significant. The current plans encompass spacious layouts that include five well-proportioned bedrooms, two reception areas, an expansive open-plan kitchen and dining space, a dedicated study, utility room, and four bathrooms. Additionally, a carport further enhances the functionality of these proposed homes. This is an ideal chance to tailor modern living spaces in a desirable location. Chipstead itself offers a blend of village charm and accessibility. The property is conveniently located within walking distance of Chipstead railway station, which provides quick links to key destinations including London Bridge and Victoria—making it an appealing prospect for commuters. The surrounding countryside also caters to outdoor enthusiasts with numerous walking paths and equestrian facilities nearby. Access to major roads is straightforward via the A23, providing easy routes to the M25 and beyond. Moreover, the local area boasts a selection of state and independent schools as well as vibrant community activities including sports clubs and cultural groups. Chipstead's proximity to Reigate and Banstead ensures easy access to various amenities such as shops and restaurants. Overall, this site not only allows for immediate investment through new construction but also benefits from a robust local community atmosphere paired with excellent transport links and scenic surroundings.

Investment Analysis

(CR5 area)

Above Market Value

This property is priced +30.4% above area average per sq ft

+30.4%
This Property
£635/sq ft
Area Average
£487/sq ft
Avg Rent (weekly)
£478
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£600,000 - £800,000
Target Value
£1,054,144
10% above area average per sq ft
Potential ROI
-48.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (CR5)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -0.9%
5 year growth: +11.8%
Investment Disclaimer: Analysis based on CR5 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

Outwood Lane, Chipstead
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£4,508
Based on a loan of £937,500 over 30 years at 4.06% 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.

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