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Nork Way, Banstead, Surrey, SM7

London

£900,000
Listed on 28/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2619 sqft

Description

Nestled away from the main road and accessed via a long driveway, this three/four double bedroom detached bungalow presents a significant investment opportunity for renovation enthusiasts or builders. Positioned on a spacious plot in a desirable residential area, this property has been in the hands of the same family for over three decades and is now primed for modernisation. Its current layout includes an expansive 37ft lounge/diner, kitchen adjoining a conservatory, bathroom, and an additional study/bedroom. The master suite features an en-suite bathroom alongside two further double bedrooms. The exterior boasts a swimming pool and patio area within its large garden space, along with ample parking provided by a long driveway and a detached double garage. There’s noteworthy potential for extension or redevelopment, subject to planning permissions, as evidenced by previous planning discussions regarding larger builds. Located in the appealing Nork Way area, you'll find yourself near Nork Park's open spaces and within easy reach of local amenities including shops and eateries. Warren Mead Primary School is nearby, and Banstead railway station offers convenient transport links to central London. With the M25/M23 just a short drive away, commuting to Gatwick or Heathrow airports is easily accessible. This property is offered with no onward chain, making it an attractive prospect for those looking to create their ideal home or invest in future development.

Investment Analysis

(SM7 area)

Below Market Value

This property is priced -34.5% below area average per sq ft

-34.5%
Potential saving
This Property
£344/sq ft
Area Average
£525/sq ft
Avg Rent (weekly)
£424
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£55,000 - £85,000
Target Value
£1,512,184
10% above area average per sq ft
Potential ROI
+53.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (SM7)

Area prices are rising by +2.1% over the last 12 months
3 year growth: -3.6%
5 year growth: +7.8%
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

Nork Way, Banstead, Surrey, SM7
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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
£3,246
Based on a loan of £675,000 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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