2-bedroom flat · SM7 2FE
For saleReduced £25k (−7.4%) on 20 JunListed 514 days
Opportunity summary
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About
No Chain - Private Gated Development - 2 Double Bedrooms - 28 Acres Approx of Manicured Gardens Nestled within a private development a short drive from Banstead High Street, this fabulous two bedroom, two bathroom apartment comes to market chain free and in good order throughout.
Previously a hospital and stately home, Elizabeth Drive was redeveloped between 2006 and 2008 to provide a beautiful setting spread over approx 28 acres, with Elizabeth House built as an addition to converted, Grade II Listed apartment blocks within the private development.
Offering 2 double bedrooms, 2 bathrooms, a modern kitchen and a generous lounge/diner, this modern apartment is situated on the ground floor of this purpose built block.
Overlooking a beautiful courtyard, this fantastic apartment also has resident only access to a stunning 28 acre site (approx) that includes a BBQ area, 2 tennis courts and acres of woodland.
Chain Free, this one won’t be around for long - early viewing is highly recommended.
EPC Rating: C Material Information Provided by Sellers: Council Tax Band D, Currently £2,448.79 per annum Tenure: Leasehold Grade II Listed Building Ground Rent: £300 per annum Service Charge: £4,500 per annum Construction: Brick and block with clay tiles Water: Direct mains.
Mains sewerage, metered Broadband: Fibre to the premises Mobile Signal/Coverage: Can be Poor/Intermittent Electricity Source: National Grid Heating: Electric Central Heating Building Safety: No issues to sellers knowledge Planning Permission: N/A Please note that these property details are drawn up to the best of the sellers and agents knowledge.
Buyers should rely on their own inspections, surveys and legal advice when buying a property.
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Our landlord and tenant fees can be found on EPC Rating: C Lounge / Diner (5.15m x 3.19m) Generous and bright, this lovely lounge/diner offers two large windows with views over the communal gardens, neutral decor and access to the modern kitchen.
Offering ample space for both dining and lounge areas, this is a bright and spacious living area that is in good order throughout.
Kitchen (2.04m x 3.22m) Located off of the lounge/diner, this modern kitchen benefits from integrated appliances, including dishwasher and washing machine, and plenty of storage and work surface space.
Primary Bedroom (3.21m x 3.17m) Modern and bright, this spacious primary bedroom offers views over a stunning courtyard and benefts from fitted wardrobes and an en-suite shower room.
En-Suite (1.76m x 1.99m) Benefiting from good natural light, the en-suite shower room offers a combintion vanity sink and WC, heated towel rail and large shower enclosure.
Bedroom 2 (3.11m x 3.17m) Uniquely spacious, the 2nd bedroom is a fabulous double that offers ample room for a double bed but also cleverly accommodates two singles, in separate areas.
Overlooking the gorgeous courtyard, this generous bedroom offers modern decor and receives good natural light from two large windows.
Family Bathroom (2.60m x 1.49m) Part tiled, the family bathroom is neutrally decorated and offer a bath, WC, vanity sink and heated towel rail.
Hall & Storage (5.41m x 1.47m) Neutrally presented, the entrance hall is bright and spacious and offers two large storage cupboards.
Communal Garden Beautifully manicured, the expansive communal grounds cover approximately 28 acres and include private resident access to two tennis courts, a Japanese garden, a communal BBQ area, lawned areas and woodland.
Parking - Allocated Parking The property comes with one allocated parking space and plenty of visitor parking is available on site.
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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About Flat 13, Elizabeth House Elizabeth Drive, Banstead
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