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Ermyn Way, Leatherhead, KT22

London

£700,000

Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1194 sqft

Description

This detached chalet bungalow offers a versatile layout with three or four bedrooms and is situated on a quiet corner plot, providing both seclusion and potential for further development (subject to planning permission). Located conveniently for access to Ashtead and Leatherhead, this property features spacious living areas including a large lounge, a downstairs bedroom, and a dining area that could easily serve as an additional bedroom. Upstairs, two well-sized bedrooms and a shower room ensure ample accommodation for families. The exterior includes a double garage, generous off-street parking, and private gardens surrounded by mature trees and hedges for added privacy. Preliminary drawings suggest possibilities for extensions, making this an ideal project for those looking to create a tailored family home in an appealing location.

Investment Analysis

(KT22 area)

Above Market Value

This property is priced +12.2% above area average per sq ft

+12.2%
This Property
£586/sq ft
Area Average
£523/sq ft
Avg Rent (weekly)
£427
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£686,252
10% above area average per sq ft
Potential ROI
-8.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (KT22)

Area prices are falling by -4.7% over the last 12 months
3 year growth: -1.1%
5 year growth: +2.3%
Investment Disclaimer: Analysis based on KT22 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

Ermyn Way, Leatherhead, KT22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,497
Based on a loan of £525,000 over 30 years at 3.97% 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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