3-bedroom detached house · SM7 3LQ
Listing removedReduced £50k (−6.1%) on 20 JunListed 240 days
Opportunity summary
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About
This delightful three bedroom detached house has an attractive and secluded garden, backing onto open greenbelt countryside.
The property is conveniently located within a 10-minute walk of Chipstead Station, which provides direct services to London Bridge.
Faster services to London Victoria, and Gatwick are available from Coulsdon South station, which is within a 10-minute drive.
Well-regarded schools including Chipstead Valley Primary, local shops including a new Tesco Express, excellent country pubs including The Ramblers Rest and The Woodman, and other amenities are close by.
Banstead High Street offers a more comprehensive selection of restaurants and shops, including Waitrose Supermarket and Marks & Spencer Simply Food.
This well-proportioned family sized home offers bright and spacious accommodation, has been well maintained by the current owner, and is nicely presented throughout.
The ground floor comprises; a welcoming entrance hall, a double aspect living room with a large bay window, attractive fireplace, and sliding patio doors to the garden, a kitchen/breakfast room with space for a table and chairs, a superb conservatory which affords a lovely view of the rear garden, an adjacent family/hobby room and a useful utility room and downstairs cloakroom.
In addition, the former double garage has been converted into a study and a separate studio which has also served as a fourth bedroom.
The first floor provides has bedrooms, that are all served by a family bathroom and separate WC.
The principal bedroom benefiting from a bay window, whilst the two remaining bedrooms have built-in cupboards.
The front driveway provides off street parking for two cars, with a small lawn framed by mature hedges.
The attractive and secluded rear garden is a delight, with a patio adjacent to the rear of the house, a useful greenhouse, a large lawned area that is flanked either side by mature shrub borders and hedges that offer a good degree of privacy.
A gate in the rear boundary leads out onto the allotments and open fields beyond.
The house is close to well-regarded schools, both private and state run for all age groups, and the area is surrounded by some of Surrey's finest open green belt countryside, country pubs, where fine walks and outdoor sporting pursuits can be enjoyed.
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 218, Chipstead Way, Surrey
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