2-bedroom flat · SM7 2FE
For saleReduced £14.9k (−5%) on 13 OctListed 384 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the picturesque surroundings of Elizabeth Drive, Banstead, this delightful top-floor apartment offers a perfect blend of comfort and elegance.
Set within an impressive 28 acres of beautifully maintained communal grounds, this property is ideal for those seeking a tranquil lifestyle while remaining conveniently close to local amenities.
The apartment features two well-proportioned bedrooms, providing ample space for relaxation and rest.
The reception room is inviting and serves as a perfect space for entertaining guests or enjoying quiet evenings at home.
The kitchen and re-fitted bathroom are of an excellent standard, ensuring that modern living needs are met with style and functionality.
Residents will appreciate the convenience of allocated parking, along with additional visitors' parking, making it easy for friends and family to visit.
Accessibility is also a key feature, with both stair and lift access available, catering to all needs.
With a generous 999-year lease, this property presents a fantastic opportunity for both first-time buyers and those looking to downsize.
The combination of a serene setting, quality finishes, and practical amenities makes this apartment a truly desirable home.
Don't miss the chance to experience the charm and comfort that this property has to offer.
The Property A two double bedroom luxury apartment and the accommodation consists of entrance hall, spacious lounge/dining room, fully equipped kitchen with new dishwasher and fridge freezer, master bedroom, re-fitted bathroom and second bedroom.
Upgraded electric heaters. Outdoor Space The property is set within 28 acres in Banstead Woods with tennis courts, Japanese gardens, one allocated parking space and ample visitors parking is on site.
Local Area The property is located in Banstead Village which comprises of a range of independent retailers, Waitrose, Marks & Spencer's plus an array of cafes/restaurants and local transport links.
Why You Should View The property is set in a lovely semi-rural tranquil environment but still close to all local amenities at nearby Banstead Village and Chipstead offering a perfect place to relax, entertain and enjoy.
Local Schools St Annes Catholic Primary School – Ages 4-11 Banstead Infant School – Ages 4-7 Banstead Community Junior School – Ages 7-11 Banstead Preparatory School – Aged 2-11 The Beacon School Secondary School – Ages 11-16 Aberdour School – Ages 2-11 Local Buses S1 Banstead to Lavender Field (Mitcham) via Sutton 166 Banstead to Epsom Hospital via Epsom Downs, Banstead, Woodmansterne, Coulsdon, Purley, West Croydon Bus Station 420 Sutton to Crawley via Banstead, Tattenham Corner, Tadworth, Kingswood, Lower Kingswood, Reigate, Redhill, Earlswood, Salfords, Horley, Gatwick Airport (South) 420 Sutton to Redhill, via Banstead, Tadworth, Lower Kingswood, Reigate Local Trains Banstead Train Station – London Victoria 1 hour Sutton – London Victoria 33 minutes Sutton to London Bridge 39 minutes Tattenham Corner Station – London Bridge, 1 hour 9 min Chipstead – London Bridge – Approx.
42 minutes Coulsdon South to London Victoria – 30 minutes Coulsdon South to Horsham – 45 minutes Why Williams Harlow From our prominent Banstead Village office open seven days we offer specific and professional expertise within this area.
Taking your sale and search seriously, our aim is to provide the very best service with honesty and integrity. Our staff are highly trained and experts in their fields.
Lease 999 years from 1st January 2006 - 984 years remaining. Maintenance Charge £2,446.90 per 6 months. Ground Rent £147.50 per 6 months. Council Tax Reigate & Banstead band D £2,448.79 2025/26
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
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FAQ
About 19 Elizabeth House, Elizabeth Drive, Banstead
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