Lyme Regis Road
- Sale by modern auction (t&cs apply)
- Subject to an undisclosed reserve price
- Buyers fees apply
- No chain
- Garage
- Private garden
- In need of full refurbishment
- Close to banstead high street read more show less
A fantastic opportunity to acquire a property with enormous potential, offered to the market requiring complete modernisation throughout.
- Years remaining: 934 years
- Current ground rent: Contact branch
- Ground rent review period: Contact branch
- Annual service charge: Contact branch
- Ground rent increase: Contact branch
Council Tax Band: C
Tenure: Leasehold
The accommodation currently comprises a bright reception room, separate kitchen, two bedrooms and a bathroom, arranged over two floors. Externally, the property benefits from a generous private rear garden, providing an excellent outdoor space for entertaining, gardening or family enjoyment,
Further advantages include a private garage, offering valuable off-street parking or additional storage. The property also presents significant loft potential, with scope for conversion subject to the necessary planning permissions and building regulations, allowing purchasers the opportunity to substantially increase the living accommodation.
In need of full refurbishment throughout, this is a rare chance to transform a well-proportioned home into a modern and highly desirable property tailored to individual tastes and requirements.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.Location
Situated in a popular residential area of Banstead, this property enjoys convenient access to a wide range of local amenities. Banstead Village High Street offers an excellent selection of independent shops, cafés, restaurants, supermarkets and everyday conveniences, all within easy reach.For outdoor recreation, residents are well served by a number of attractive green spaces including Banstead Downs, Nork Park and the surrounding countryside, providing opportunities for walking, cycling and family leisure activities.
The area is also well connected for commuters, with nearby rail services available from Banstead, Belmont and Sutton stations, offering links into Central London and surrounding areas. A variety of bus routes serve the locality, whilst the A217 provides convenient road access to the M25, Gatwick Airport and neighbouring towns.
Overall, this is a desirable location combining a village atmosphere, excellent amenities, plentiful green spaces and strong transport connections.
Utility supply:
- Electric Ask agent
- Water Ask agent
- Heating Ask agent
- Broadband Ask agent
- Sewerage Ask agent
Rights and restrictions:
- Private rights of way Ask agent
- Public rights of way Ask agent
- Listed property Ask agent
- Restrictions Ask agent
Risks:
- Flooded in last 5 years Ask agent
- Flood defences Ask agent
- Source of flood Ask agent
Use our handy mortgage calculator to estimate what your monthly repayments could be. Edit the fields below with the relevant details or, if you’d like a more accurate view on what your repayments could be, complete our mortgage enquiry form below and our Mortgage Consultant will be in touch.
* Terms and Conditions apply.
Mortgage enquiry
Sutton
Surrey
SM2 5BQ
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.