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256 Chipstead Way, Banstead, Surrey, SM7 3LH - Image 1
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256 Chipstead Way, Banstead, Surrey, SM7 3LH

London

£450,000
Listed on 20/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

This 3-bedroom detached bungalow presents a rare opportunity for renovation and investment in the sought-after location of Banstead, Surrey. Set on an attractive plot with a sunny garden, off-street parking, and a garage, this property is primed for modernisation and potential expansion (subject to planning permission). The unique views overlooking the scenic woodlands of Chipstead Valley provide a tranquil backdrop while still offering convenient access to local amenities in both Banstead and Chipstead. Families will appreciate the proximity to reputable schools and the convenience for commuters, with Woodmansterne station providing direct trains to London Victoria. With nearby recreational facilities including parks and golf clubs, this property is an appealing project for those looking to create a custom home in a desirable area.

Investment Analysis

(SM7 area)
Area Average
£523/sq ft
Avg Rent (weekly)
£483
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

256 Chipstead Way, Banstead, Surrey, SM7 3LH
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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
£1,594
Based on a loan of £337,500 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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