2-bedroom flat · SM7 3JD
Sold STCListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This delightful apartment features two generously sized bedrooms, making it an ideal choice for couples, small families, or those seeking a comfortable space to call home.
The apartment boasts a well-appointed reception room, perfect for relaxing or entertaining guests.
The property is presented in good decorative order throughout, ensuring a welcoming atmosphere from the moment you step inside.
With the added benefits of double glazing and gas central heating, you can enjoy a warm and cosy environment all year round.
The entry phone system provides an extra layer of security and convenience for residents.
One of the standout features of this apartment is the attractive communal gardens, offering a lovely outdoor space.
The location is particularly appealing, as it is within a short easy walk to Woodmansterne Village.
Here, you will find a variety of local shops, a friendly pub, and an excellent school, making it a perfect spot for families.
Additionally, the nearby open countryside provides ample opportunities for leisurely walks and outdoor activities.
This apartment presents a wonderful opportunity to enjoy comfortable living in a vibrant community. Don't miss your chance to make this lovely property your new home.
The Property Located in a highly residential area this purpose built two bedroom first floor apartment offers spacious accommodation and a good outlook.
The property has been well maintained by the current owner and offers a good sized entrance hallway with storage, generous kitchen/breakfast room with good storage, space for appliances and gas central heating boiler.
The lounge located at the rear has an attractive outlook overlooking the communal green. The bedrooms are both a good sized and both would easily take a double bed.
The shower room has been recently refitted with a rain shower, WC, wash hand basin and there is an obscured glazed window.
Outside Area The property is surrounded by communal gardens with areas of lawn to front, side and rear. The building is accessed via entry phone system, ideal for security.
Parking is available on a non allocated basis around the complex. From The Seller I purchased the property in January 2019, it was my first home.
One of the standout features was the generous size of the flat in particular the size of the kitchen. Another appeal was the quiet environment and its easy proximity to the local shops and amenities.
I am seeking to move to out of the area and I sincerely hope the owners enjoy the property as I have.
Local Area Woodmansterne Village is a very popular area for families and the property is located within a very short walk of Woodmansterne Village with local shops, a traditional local pub serving good food, public transport, excellent local schools and all is surrounded by miles of open countryside.
Banstead Village is only approximately 1 mile away offering a range of High Street shopping facilities, restaurants, cafes and Waitrose.
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 405 Coulsdon South to West Croydon Local Trains Chipstead or Woodmansterne – London Bridge – Approx.
42 minutes Coulsdon South to London Victoria – 30 minutes Coulsdon South to Horsham – 45 minutes Lease Approximately 110 years remaining.
Service Charges Currently £149.52 per month until April 2027 where they will reduce to £95.00 per month approximately.
Any prospective purchaser is best advised to seek confirmation by their solicitors of this. Ground Rent £10.00 per annum Council Tax Reigate & Banstead band C £2,271.88 2026/27
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 19, Tonbridge Close, Banstead
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