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Chipstead Way, Banstead, SM7

London

£865,000
Listed on 14/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1815 sqft

Description

This substantial 1930s detached family home offers great potential for renovation and expansion, featuring four generously sized double bedrooms and two bathrooms. The property includes two reception areas, a block paved driveway accommodating multiple vehicles, and a level southwest-facing rear garden that is well suited for outdoor activities. Located conveniently on the borders of Banstead and Chipstead, residents can enjoy proximity to the extensive 390 acres of Banstead Woods and Chipstead Downs Nature Reserve, along with easy access to Chipstead station for direct trains to London Bridge and Victoria in under an hour. Inside, the layout offers versatility; a spacious entrance hall leads to a dual aspect living room with a large bay window and French doors opening onto the garden. A separate kitchen/breakfast room flows into a utility space with garage access—ideal for conversion into additional living space (subject to planning). The possibility exists to create a large open-plan kitchen/dining area by combining existing rooms, or take advantage of the current planning permission for a single-storey rear extension. Upstairs, the principal bedroom features fitted storage and an en suite shower room alongside three further double bedrooms serviced by a family bathroom. With no onward chain, this home represents an excellent investment opportunity in a sought-after area.

Investment Analysis

(SM7 area)

Below Market Value

This property is priced -8.8% below area average per sq ft

-8.8%
Potential saving
This Property
£477/sq ft
Area Average
£523/sq ft
Avg Rent (weekly)
£483
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,043,670
10% above area average per sq ft
Potential ROI
+10.4%
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
11%
Properties sold annually

Local Market Trend (SM7)

Area prices are stable by -0.2% over the last 12 months
3 year growth: -3.4%
5 year growth: +4.8%
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

Chipstead Way, Banstead, SM7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,064
Based on a loan of £648,750 over 30 years at 3.91% 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

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