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Ermyn Way, Leatherhead

London

£700,000
Listed on 08/02/2025

Property Details

Bedrooms
4
Type
Detached
Area
1282 sqft

Description

This detached chalet bungalow features three to four bedrooms and is nestled on a quiet, mature corner plot. Positioned conveniently for both Ashtead and Leatherhead, it holds substantial potential for those looking to invest in a property that can be extended (subject to planning permission). The home is ideally located within walking distance of esteemed schools such as Downsend, St Andrews, and St Johns, making it attractive for families while being offered with no onward chain. Inside, the accommodation is both versatile and spacious. It boasts a large lounge area, a sizeable downstairs bedroom alongside a bathroom, and a dining room that could easily function as a fourth bedroom. On the upper floor, you’ll find two well-sized bedrooms along with a shower room, allowing for flexible living arrangements. Outside, there’s a double garage and generous off-street parking, complemented by private front and rear gardens surrounded by established trees and hedges for added tranquility. Initial drawings for enhancements have already been prepared, underscoring the opportunity to modernize this home to your liking. This property stands as an excellent chance to craft a personalized residence in an appealing and serene environment.

Investment Analysis

(KT22 area)

Above Market Value

This property is priced +4.5% above area average per sq ft

+4.5%
This Property
£546/sq ft
Area Average
£523/sq ft
Avg Rent (weekly)
£427
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£736,830
10% above area average per sq ft
Potential ROI
-4.3%
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
8%
Properties sold annually

Local Market Trend (KT22)

Area prices are falling by -4.7% over the last 12 months
3 year growth: -1.1%
5 year growth: +2.3%
Investment Disclaimer: Analysis based on KT22 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

Ermyn Way, Leatherhead
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,497
Based on a loan of £525,000 over 30 years at 3.97% 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

Price History

-12.5% since listed
£700,000£50,000(-6.7%)
27/03/2026
Current price
£750,000£15,000(-2.0%)
03/08/2025
£765,000£34,950(-4.4%)
18/06/2025
£799,950Initial listing
08/02/2025

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