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Shelley Close, Banstead

London

£845,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Chalet
Area
1908 sqft

Description

This charming detached chalet bungalow is nestled in a serene cul-de-sac within the sought-after Nork area of Banstead, offering convenient access to local transport, shopping amenities, and schools. The property presents a unique investment opportunity with potential for loft conversion to create additional living space, pending necessary permissions. Constructed in the 1960s, the well-spaced chalets in this neighborhood are known for their appealing design. The home features a spacious entrance hall leading into an expansive open-plan sitting and dining area with double-aspect views and sliding doors that open to the garden. The kitchen showcases oak ‘Shaker’ style cabinetry with integrated appliances and provides room for a breakfast area. On the ground floor, there are three generous double bedrooms, including a principal suite with an ensuite wetroom along with a family bathroom. The extensive loft area already contains a dormer window and offers considerable prospects to be transformed into additional bedrooms or suites. Well-maintained yet offering room for modernization, this property is offered with no onward chain. Its location affords both privacy and tranquility, while also being conveniently close to a variety of local shops at Nork Way and Drift Bridge, as well as Banstead Village and Epsom for more extensive retail options. Numerous reputable schools are nearby such as Warren Mead Junior School. Excellent transport links are provided by Banstead Station within walking distance and Epsom Station just a short drive away for fast trains into London. The A3 road is easily accessible within minutes along with the M25 at Reigate or Leatherhead junctions enabling quick journeys to airports and coastal destinations. Surrounding areas like Nork Park and Banstead Downs offer ample opportunities for outdoor activities including walking, running, or cycling alongside various sports venues including local golf clubs and country clubs.

Investment Analysis

(SM7 area)

Below Market Value

This property is priced -15.6% below area average per sq ft

-15.6%
Potential saving
This Property
£443/sq ft
Area Average
£525/sq ft
Avg Rent (weekly)
£424
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£1,101,660
10% above area average per sq ft
Potential ROI
+23.1%
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

Shelley Close, Banstead
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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
£3,048
Based on a loan of £633,750 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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