2-bedroom house · SM7 2AR
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
At the heart of Banstead Village, one of the two largest apartments in this sought-after development by Pegasus, designed for those over 60 years.
A top-floor apartment of almost 1,000 square feet with wonderful roof-top views and a Juliet balcony.
This top floor apartment is accessed by either stairs or a lift and features a sitting room and separate dining room.
Impeccably presented, the apartment is ideal for those seeking privacy and security within this development by Pegasus, exclusively for those of at least 60 years.
There are great communal facilities such as a residents’ lounge, art room and gym.
Banstead High Street is on the doorstep with a variety of shopping, cafes and restaurants as well the Waitrose Supermarket.
There is great connectivity by road and rail too, and the local area has a wealth of sport, leisure and cultural pursuits.
Communal Hall, Stairs and Lift Entrance Hall Sitting Room with Juliet Balcony Dining Room Kitchen Principal Bedroom with ensuite Bathroom Guest Bedroom Shower Room Communal Parking with Gated Entrance Communal Gardens Residents Lounge Gym Art Room Laundry Tenure: Leasehold – 125 years from 2005 Service Charge £4,660 pa approx Ground Rent: £419 pa Local Authority: Reigate and Banstead BC Council Tax Band: E All mains services Full Fibre Broadband To the best of our knowledge on production of this brochure
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Bolters Lane, Banstead
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