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Palmersfield Road, Banstead

London

£850,000
Listed on 10/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1520 sqft

Description

This semi-detached four-bedroom home in Banstead presents a significant opportunity for renovation and investment, situated in a sought-after residential area. Spanning approximately 1,520 square feet, the property boasts two generous reception rooms that could be transformed into more open-plan living spaces, enhancing both flow and functionality. The kitchen and dining area, measuring 21'3" x 16'8", is filled with potential to create a modern gathering hub for family and friends. The layout includes four well-sized bedrooms, with the master featuring an en-suite bathroom, allowing for future enhancements according to personal tastes. The extensive rear garden—approximately 230 ft—provides ample space for landscaping projects or recreational developments, making it ideal for families or gardening enthusiasts. While the property is currently comfortable, there are opportunities for upgrades throughout. The large decked area leading to outbuildings and flat lawn can be revitalized to maximize outdoor use. Additionally, the front driveway offers convenient parking that can be expanded if desired. With close proximity to local amenities including shops and parks, as well as easy access to transport links towards London and beyond, this property not only serves as a lovely family home but also as a promising investment prospect in a vibrant community.

Investment Analysis

(SM7 area)

Above Market Value

This property is priced +5.7% above area average per sq ft

+5.7%
This Property
£559/sq ft
Area Average
£529/sq ft
Avg Rent (weekly)
£478
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£884,906
10% above area average per sq ft
Potential ROI
-1.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (SM7)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -3.3%
5 year growth: +8.8%
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

Palmersfield Road, 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
£3,066
Based on a loan of £637,500 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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