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Winkworth Place, Banstead

London

£400,000
Listed on 10/01/2026

Property Details

Bedrooms
2
Type
Flat
Area
1213 sqft

Description

This spacious two-bedroom ground floor flat offers a promising opportunity for buyers looking to create their ideal home. Boasting an impressive size of 1213 square feet, it is well-suited for families or individuals wanting to infuse their personal style into a property located in a desirable community. Conveniently positioned within walking distance of the lively Banstead Village, residents will enjoy easy access to various local shops, restaurants, and amenities that enhance community living. The flat also comes chain-free, making the buying process more straightforward. Character features throughout the property add charm and warmth, providing a solid foundation for potential renovations. The shared rear courtyard and expansive lawned area serve as peaceful outdoor retreats for relaxation or gatherings. Additional benefits include a garage and communal off-street parking. The generous double bedrooms ensure comfortable living spaces, while the large reception room (17'9" by 15'3") offers ample room for entertaining or unwinding. The kitchen (13'1" by 10'8") presents an opportunity for modernization, allowing new owners to craft a culinary area tailored to their preferences. Though the flat requires some updates, it represents an excellent chance to transform it into a stylish contemporary residence that aligns with your lifestyle choices. With its strategic location and spacious layout, this property is particularly attractive for first-time buyers or investors seeking potential in an up-and-coming area.

Investment Analysis

(SM7 area)

Below Market Value

This property is priced -37.7% below area average per sq ft

-37.7%
Potential saving
This Property
£330/sq ft
Area Average
£529/sq ft
Avg Rent (weekly)
£485
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£706,178
10% above area average per sq ft
Potential ROI
+62.3%
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
28%
Properties sold annually

Local Market Trend (SM7)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -3.3%
5 year growth: 9.2%
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

Winkworth Place, Banstead
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £300,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE