3-bedroom house · SM7 3JY
Under offerReduced £25k (−5.6%) on 5 AugListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain, this delightful three bedroom house is bright and spacious and well-presented throughout. Located in a quiet no through road.
This lovely terraced house is conveniently located within easy reach of Woodmansterne Village. Well-regarded schools, local shops and amenities, as well as good transport links are close by.
Banstead High Street offers a more comprehensive selection of restaurants and shops, including Waitrose Supermarket and Marks & Spencer Simply Food.
The living space includes an entrance hall, a modern fitted kitchen with some integrated appliances, adjacent dining room, and a spacious living room, which leads into the rear conservatory overlooking the attractive garden.
A useful utility room and downstairs WC completes the ground floor. The first floor provides three bedrooms including two double bedrooms and a single bedroom, and a family sized modern bathroom.
The beautiful rear garden is relatively low maintenance, with paved areas complimented by lovely shrub borders and planting, as well as a useful brick built storage shed.
Located off Chipstead Way and within a mile of both 'Chipstead Valley' and 'Woodmansterne Primary' Schools, the property is also of similar distance to both Chipstead and Woodmansterne Mainline Stations, which provide services to London.
Local shops can be found at Chipstead Station Parade, with a more comprehensive range of shops, bars, and restaurants in Banstead Village or Coulsdon.
Frequent bus services are within the immediate vicinity. All in all a superb opportunity to acquire a family home in a convenient location close to well-regarded schools, both private and state run.
The area is surrounded by some of Surrey's finest open green belt countryside. Council Tax Band - D
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 12, Lakers Rise, Surrey
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