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Ermyn Way, Leatherhead

London

£750,000
Listed on 08/02/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1282 sqft

Description

This spacious detached chalet bungalow features three to four bedrooms and is located on a desirable road with convenient access to both Ashtead and Leatherhead. Nestled on a mature corner plot, the property excels in renovation potential, particularly with the option to extend (subject to planning permission). Within close proximity to well-regarded schools such as Downsend, St Andrews, and St Johns, this home is offered for sale with no onward chain. The versatile layout includes a large lounge, a generous downstairs bedroom, a dining room that can double as a fourth bedroom, and two additional well-sized bedrooms upstairs with a shower room. Externally, the property boasts a double garage, ample off-street parking, and private gardens at both the front and rear, surrounded by mature trees for added privacy. Initial plans for improvements and extensions have already been drafted, presenting an excellent opportunity for further enhancement and modernization. This property is ideal for those looking to tailor their living space in a tranquil setting.

Investment Analysis

(KT22 area)

Above Market Value

This property is priced +12.6% above area average per sq ft

+12.6%
This Property
£585/sq ft
Area Average
£519/sq ft
Avg Rent (weekly)
£447
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£732,458
10% above area average per sq ft
Potential ROI
-11.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (KT22)

Area prices are falling by -9.4% over the last 12 months
3 year growth: -2.0%
5 year growth: -0.5%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,705
Based on a loan of £562,500 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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