Lakers Rise, Banstead
WI

Lakers Rise, Banstead

By Williams Harlow

£ 400,000

Reviews

3 out of 5 stars

Williams Harlow says ..

An opportunity to acquire a two bedroom end of terraced property which will easily convert to a three bedroom, in a semi-rural position with an outlook to the rear over open countryside. The property requires some modernisation, however, benefits from a new rear conservatory and a good sized gard...

Property Oracle says ..

This two-bedroom end-of-terrace house in Lakers Rise, Banstead, offers a semi-rural setting with views of open countryside. The property’s location is a key selling point, with relatively easy access to train stations at Chipstead and Woodmansterne. The proximity to schools is also advantageous, although more details on school quality would strengthen this aspect.

The interior requires modernisation. While the house appears habitable, the kitchen and bathroom appear dated and could benefit from upgrades. The living areas are fairly spacious and have natural light. The presence of a conservatory adds value. The overall condition is acceptable, but updating would significantly enhance the property’s appeal.

The garden, while present, is of modest size. It’s a pleasant addition, but doesn’t offer expansive outdoor space.

The list price of £400,000 needs to be considered in the context of similar properties in the area. While precise square footage data is limited for comparison, the price appears fairly competitive based on the available information, keeping in mind the need for refurbishment. A potential buyer should factor in the cost of modernisation and any potential issues associated with an older property into their assessment of value. Overall, this property presents an opportunity for buyers looking for a house in a convenient location that is ready for renovation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
979.30

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
1,040,409.00 £
Decreased by 2.03 %
from 1,061,958.00 £
Est sale value
631,648.50 £
Increased by 46.92 %
from 429,912.70 £
Average area rental value
1,550.00 £/mo
Decreased by 70.97 %
from 5,340.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 1,958.60 £/mo
Est rental Yield
1.79 %
Decreased by 70.32 %
from 6.03 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Williams Harlow marked this listing as sold.

  • Williams Harlow created the listing.

Nearby Schools

NameTypeOfstedDistance
Woodmansterne Primary SchoolAcademy Converter1.16 KM
Chipstead Valley Primary SchoolAcademy Converter1.66 KM
Banstead Preparatory SchoolOther Independent School2.29 KM
St Anne'S Catholic Primary SchoolVoluntary Aided SchoolGood3.02 KM
Seaton House SchoolOther Independent School3.09 KM

Images

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Nearby Transport

NameNLCTLCDistance
Chipstead5353CHP1.32 KM
Woodmansterne5441WME2.32 KM
Belmont5350BLM3.75 KM
Coulsdon South5408CDS4.16 KM
Carshalton Beeches5406CSB4.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lakers Rise, Banstead £ 525,000BUY7 / 100.17 KM
Lakers Rise, Banstead £ 475,000BUYUnknown0.19 KM
Lakers Rise, Banstead £ 475,000BUY7 / 100.24 KM
The Readens, Banstead £ 650,000BUY7 / 100.34 KM
Lakers Rise, Banstead, Surrey, SM7 £ 575,000BUYUnknown0.43 KM

Nearby Properties

AddressPriceDistance
88 Lakers Rise £ 242,9500.20 KM
74 Lakers Rise £ 395,0000.20 KM
76 Lakers Rise £ 249,9500.20 KM
102 Lakers Rise £ 211,7500.20 KM
86 Lakers Rise £ 345,0000.20 KM