2-bedroom maisonette · SM7 2PD
Listing removedReduced £25k (−7.1%) on 20 JunListed 263 days
Opportunity summary
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About
Nestled in the charming Cheviot Close, Banstead, this delightful first floor maisonette offers a perfect blend of comfort and convenience.
Spanning an impressive 664 square feet, the property features two spacious double bedrooms, making it an ideal choice for couples, small families, or those seeking a peaceful retreat.
The layout includes a welcoming reception room, perfect for relaxation or entertaining guests. The maisonette is complemented by a well-appointed bathroom, ensuring all your needs are met.
One of the standout features of this property is the absence of an onward chain, allowing for a smooth and hassle-free purchase process.
Additionally, the property boasts a generous 164 year lease, providing peace of mind for future living. For those with vehicles, a garage is included, offering secure parking and extra storage space.
The private garden adds a touch of outdoor charm, perfect for enjoying sunny days or cultivating your own green space.
Situated within walking distance of Banstead village, residents will appreciate the convenience of local shops, cafes, and amenities just a short stroll away.
This maisonette presents an excellent opportunity for anyone looking to settle in a desirable area with a strong sense of community.
In summary, this two-bedroom maisonette in Cheviot Close is a rare find, combining spacious living, a prime location, and the added benefits of a garage and garden.
The accommodation comprises of two generous double bedrooms, kitchen, a bathroom, as well as a large lounge / dining room.
The garden is completely private, perfect for hosting, and has space for an outbuilding / office. There is also a private garage. The property is also offered to the market chain free.
Location: Banstead village is a short walk away and offers an array of shops and restaurants.
For the golf enthusiasts, there are four world renowned golf clubs, Kingswood Golf and Country club, Surrey Downs, Walton Heath and the rac golf club all close by.
Horse Riding schools and stabling can be found in Kingswood, Chipstead, Tadworth and Walton on the Hill. Banstead is situated in between Epsom Downs, Chipstead and Kingswood.
It is a popular residential area offering a variety of properties. This location is ideal for family walks, dog walks, cycling, rambling or jogging.
Tenure - Leasehold Length of lease (years remaining) - 164 Annual ground rent amount (£) - N/A Annual service charge amount (£) - N/A Council tax band - C please note: Whilst we believe the information above to be correct, we are unable to guarantee this information until such time as we have formally verified it with the sellers.
Therefore you are advised to clarify any information with your chosen legal representative before proceeding with the purchase of this property.
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 16, Cheviot Close, Banstead
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