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Magazine Place, Leatherhead

London

£425,000

Listed on 26/12/2025

Property details

Bedrooms
2
Type
Semi Detached
Area
861 sqft

Description

This two-bedroom semi-detached home exudes charm and character, ideally situated in the bustling centre of Leatherhead and being sold with no onward chain. Nestled on the attractive Magazine Place, the property features a pair of spacious reception areas on the ground floor. The lounge, enhanced by a bay window, offers ample natural light, while the adjoining dining room provides a welcoming space for family gatherings, leading to a standalone kitchen. On the upper level, you'll find two generous double bedrooms along with a family bathroom that presents opportunities for modernisation. The private garden area is a notable asset, complemented by an attached garage and an additional parking space – catering perfectly to storage needs and vehicle accommodation. Importantly, this property presents significant potential for both updates and personalisation; there’s room for extension should planning permission be granted. Positioned conveniently close to local amenities including shops, cafes, and green spaces as well as transport links, this home is ideal for those seeking a character-rich residence in a desirable location with promising investment potential.

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Investment analysis

(KT22 area)

Below Market Value

This property is priced -5.3% below area average per sq ft

-5.3%
Potential saving
This Property
£494/sq ft
Area Average
£521/sq ft
Avg Rent (weekly)
£431
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£493,818
10% above area average per sq ft
Potential ROI
+6.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (KT22)

Area prices are falling by -3.4% over the last 12 months
3 year growth: +1.9%
5 year growth: +3.5%
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

Magazine Place, Leatherhead
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,606
Based on a loan of £318,750 over 30 years at 4.45% 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

Next Steps

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