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High Street, Merstham, RH1

South East

£1,250,000

Listed on 30/06/2026

Property details

Bedrooms
4
Type
Detached
Area
2047 sqft

Description

This spacious five-bedroom detached home presents a noteworthy opportunity for investment and further enhancement, located just a short walk from Merstham station. The property showcases an impressive blend of character features and modern comfort, having undergone substantial improvements by the current owners. Notable upgrades include new roofing, electrics, and plumbing, ensuring peace of mind for potential buyers regarding essential infrastructure. The ground floor is characterized by light-filled sitting and dining areas, enhanced by large twin bay windows. The kitchen/breakfast room has been meticulously refurbished with high-quality cabinetry and premium appliances including a Rangemaster cooker. Its design fosters seamless indoor-outdoor living with access to the beautifully landscaped rear garden, which boasts distinct seating areas and an outdoor kitchen beneath a pergola—ideal for entertaining or relaxing outdoors. The property also features a detached outbuilding that offers additional versatile space with potential for various uses, subject to planning approval. Situated in Merstham village, this home is well-placed for commuting and offers proximity to local amenities as well as excellent schools in the area.

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Investment analysis

(RH1 area)

Above Market Value

This property is priced +34.5% above area average per sq ft

+34.5%
This Property
£611/sq ft
Area Average
£454/sq ft
Avg Rent (weekly)
£364
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£1,021,934
10% above area average per sq ft
Potential ROI
-21.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (RH1)

Area prices are rising by +2.2% over the last 12 months
3 year growth: +7.6%
5 year growth: +8.8%
Investment Disclaimer: Analysis based on RH1 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

High Street, Merstham, RH1
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,722
Based on a loan of £937,500 over 30 years at 4.45% 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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