2-bedroom flat · SM7 3AA
For saleReduced £25k (−7.1%) on 7 OctListed 91 days
Opportunity summary
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About
James Bailey is delighted to present this well maintained split-level two double bedroom apartment with No Onward Chain. The property comes with a share of the freehold and a 137-year lease.
Occupying approximately 827 sq ft of bright and spacious accommodation, this superb home enjoys a peaceful setting just moments from Banstead High Street and offers the rare combination of generous living space, a private balcony, garage and parking.
Arranged over two floors, the property offers well-balanced accommodation ideally suited to modern living.
The spacious reception and dining room is flooded with natural light and opens directly onto a private balcony, providing the perfect space for both relaxing and entertaining.
A separate fitted kitchen offers ample worktop and storage space, while upstairs are two generous double bedrooms, both benefiting from fitted wardrobes and excellent proportions.
The accommodation is completed by a family bathroom and separate WC, together with an abundance of built-in storage throughout.
Further highlights include a substantial loft offering exceptional storage potential, a private garage and additional parking, making this a fantastic low-maintenance home with excellent practicality.
Well House enjoys an enviable position on Woodmansterne Lane, within easy walking distance of the vibrant Banstead High Street, where a superb selection of independent cafés, restaurants, boutiques and everyday amenities can be found.
Banstead Downs Tennis Club is virtually on the doorstep, while the beautiful open spaces of Banstead Woods provide wonderful opportunities for walking and recreation.
Banstead Station is approximately 0.4 miles away, offering direct rail services to Balham, Clapham Junction and London Victoria , with excellent road links via the A217 providing convenient access to the M25.
Families are also well catered for, with a number of highly regarded schools nearby, making this an outstanding opportunity for first-time buyers, downsizers and investors alike.
EPC Rating: C Parking - Garage Parking - Off Street
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.
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FAQ
About Flat 15, Well House Woodmansterne Lane, Banstead
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