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Thornfield Road, Banstead

Yorkshire

£450,000
Listed on 03/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1007 sqft

Description

This three-bedroom end-of-terrace home is situated in a serene cul-de-sac, providing a quiet retreat while still being conveniently close to the vibrant Banstead Village. The property offers generous living space, presenting a blank canvas for those eager to undertake renovations and make it their own. With full modernization required, it represents an excellent investment opportunity for buyers who are looking to enhance the property’s value through updates and improvements. Inside, the layout comprises an entrance hallway leading to a front reception room, an open-plan kitchen-diner, and a conservatory that adds extra space and light. The three well-sized bedrooms offer flexibility for family living or conversion into home office spaces. Additionally, the separate bathroom and WC create convenience for everyday use. The property also features useful outdoor spaces, including a front garden with lawn area and a rear garden complete with a large patio—perfect for gatherings or simply enjoying the outdoors. Side and rear access provides extra convenience, linking directly to nearby footpaths that lead into the picturesque surroundings. Nestled in this desirable residential area, residents benefit from the proximity to Banstead Village's range of shops, cafes, and restaurants—including notable establishments like Waitrose and M&S Simply Food. Outdoor enthusiasts will appreciate the nearby Banstead Downs and Oaks Park for walking and cycling trails. Commuters will find easy access to transport links via the A217 and Banstead Station, facilitating connections to central London and beyond. Families will also value the assortment of local schools within walking distance, including Beacon School, Banstead Prep, Banstead Junior School, and St Anne’s Catholic Primary. With its prime location and renovation potential, this property is well-positioned not only as a comfortable home but also as an attractive investment opportunity for future growth in value through thoughtful enhancements.

Investment Analysis

(SM7 area)

Below Market Value

This property is priced -15.1% below area average per sq ft

-15.1%
Potential saving
This Property
£447/sq ft
Area Average
£526/sq ft
Avg Rent (weekly)
£518
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £80,000
Target Value
£583,038
10% above area average per sq ft
Potential ROI
+10.0%
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

Thornfield Road, Banstead
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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
£1,648
Based on a loan of £337,500 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