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Gilhams Avenue, Banstead, SM7

London

£1,175,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1929 sqft

Description

This detached four-bedroom home presents a prime opportunity for investors and families alike, situated on one of Banstead's most prestigious streets, Gilhams Avenue. Spanning approximately 1,930 sq ft, the property is set on a spacious plot with a generous south-westerly garden measuring around 90ft x 60ft. While the current owners have maintained the property well, there remains considerable potential for modernization and extension (subject to planning permission) to enhance its appeal and value. The layout features two reception rooms including a sizable living area with direct access to the garden, a functional kitchen/breakfast room with utility space, four versatile bedrooms, and two bathrooms. With parking provision for several vehicles and a double-length garage, this home offers convenience alongside character—built in the mid-20th century and featuring solid construction. The surrounding area is rich in amenities and green spaces, ensuring both comfort and lifestyle benefits are within easy reach. This chain-free opportunity is rare within this sought-after location.

Investment Analysis

(SM7 area)

Above Market Value

This property is priced +15.7% above area average per sq ft

+15.7%
This Property
£609/sq ft
Area Average
£526/sq ft
Avg Rent (weekly)
£518
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,116,862
10% above area average per sq ft
Potential ROI
-11.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SM7)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -4.0%
5 year growth: 11.5%
Investment Disclaimer: Analysis based on SM7 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

Gilhams Avenue, Banstead, SM7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£4,304
Based on a loan of £881,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE