# 2 bedroom apartment for sale (SM7 3DD) ## Property Details | Key | Value | |-----|-------| | Address | 58 THE TRACERY, BANSTEAD, SURREY SM7 3DD | | Price | £339,950 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | D | | Last sold | £340,000 Feb 2026 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** B - **Expiry date:** 30/09/2035 - **Current heating cost:** £359/year [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/1435-7120-3509-0889-5202) ## Description WITH NO CHAIN. Welcome to this stunning luxury apartment located in the prestigious development of The Tracery, Banstead. This exquisite property boasts two well-proportioned bedrooms and two modern bathrooms, making it an ideal choice for couples or small families seeking comfort and style. As you enter the apartment, you will be greeted by a spacious reception room that offers a perfect space for relaxation and entertaining. The flat is conveniently situated within a level walking distance to the charming Banstead Village High Street, where you can enjoy a variety of shops, cafes, and local amenities. Accessibility is a key feature of this property, with both stair and lift access available, ensuring ease of movement for all residents. The apartment is offered with no onward chain, allowing for a smooth and hassle-free purchase process. Additionally, this property includes designated parking, a valuable asset in this sought-after area. The attractive communal gardens provide a serene outdoor space, perfect for unwinding or enjoying a leisurely stroll. This luxury apartment at The Tracery presents an exceptional opportunity to embrace a sophisticated lifestyle in a desirable location. Do not miss the chance to make this remarkable property your new home. **The Property** - Two double bedroom purpose built luxury apartment with a generous entrance hall, spacious lounge/dining room, fully equipped kitchen with integral appliances and a new boiler installed this year. The master bedroom benefits with an en-suite plus there is a main bathroom. **Outdoor Space** - Comprises of stunning communal gardens which are maintained to an extremely high standard by the management company and has the benefit of adjoining Lady Neville Recreation ground where cricket and other activities area partaken. The property also benefits from having visitors parking and also allocated parking. **The Local Area** - The property is located extremely close to Banstead Village which can be reached within a few minutes walk. Banstead High Street offers a comprehensive range of independent retailers, supermarkets such as Waitrose and Marks & Spencers, an array of cafes/restaurants and local transport. **Why You Should View** - Offered with no onward chain a bright stunning top floor penthouse style apartment awaits either the single, professional couple or retired downsizers seeking a central location. **Local Trains** - Banstead Train Station – London Victoria 1 hour Sutton – London Victoria 33 minutes Sutton to London Bridge 39 minutes **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 Schools** - St Annes Catholic Primary School – Ages 4-11 Banstead Infant School – Ages 4-7 Banstead Community Junior School – Ages 7-11 Woodmansterne Primary School – Ages 4-11 The Beacon School Secondary School – Ages 11-16 Banstead Preparatory School – Aged 2-11 Aberdour School – Ages 2-11 **Council Tax** - Reigate & Banstead BAND D £2,448.79 2025/26 **Lease** - 125 years from August 2002 **Maintenance Charges** - £2,229.54. **Ground Rent** - £259.00 Per Annum ## Property Photos - ![THE TRACERY, 58 (3).jpg](/listings/photos/167652191/1105217) - THE TRACERY, 58 (3).jpg - ![THE TRACERY, 58 (6).jpg](/listings/photos/167652191/1105218) - THE TRACERY, 58 (6).jpg - ![THE TRACERY, 58 (8).jpg](/listings/photos/167652191/1105219) - THE TRACERY, 58 (8).jpg - ![THE TRACERY, 58 (7).jpg](/listings/photos/167652191/1105220) - THE TRACERY, 58 (7).jpg - ![THE TRACERY, 58 (9).jpg](/listings/photos/167652191/1105221) - THE TRACERY, 58 (9).jpg - ![THE TRACERY, 58 (11).jpg](/listings/photos/167652191/1105222) - THE TRACERY, 58 (11).jpg - ![THE TRACERY, 58 (10).jpg](/listings/photos/167652191/1105223) - THE TRACERY, 58 (10).jpg - ![THE TRACERY, 58 (13).jpg](/listings/photos/167652191/1105224) - THE TRACERY, 58 (13).jpg - ![THE TRACERY, 58 (14).jpg](/listings/photos/167652191/1105225) - THE TRACERY, 58 (14).jpg - ![THE TRACERY, 58 (12).jpg](/listings/photos/167652191/1105226) - THE TRACERY, 58 (12).jpg - ![THE TRACERY, 58 (15).jpg](/listings/photos/167652191/1105227) - THE TRACERY, 58 (15).jpg - ![THE TRACERY, 58 (5).jpg](/listings/photos/167652191/1105228) - THE TRACERY, 58 (5).jpg - ![THE TRACERY, 58 (2).jpg](/listings/photos/167652191/1105229) - THE TRACERY, 58 (2).jpg - ![THE TRACERY, 58 (4).jpg](/listings/photos/167652191/1105230) - THE TRACERY, 58 (4).jpg - ![THE TRACERY, 58 (1).jpg](/listings/photos/167652191/1105231) - THE TRACERY, 58 (1).jpg ## Floorplans - ![58 The Tracery, Banstead - all floors (1).JPG](/listings/photos/167652191/1105232) - 58 The Tracery, Banstead - all floors (1).JPG ## EPC Graphs - ![EE Rating](/listings/photos/167652191/1105233) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 58 THE TRACERY, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 3DD | £340,000 | 20/02/2026 | Flat | | 58 THE TRACERY, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 3DD | £218,000 | 08/10/2012 | Flat | | 58 THE TRACERY, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 3DD | £190,000 | 27/02/2009 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 21 FORGE STEADING, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2DT | £335,000 | 16/12/2025 | Flat | | 13 FORGE STEADING, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2DT | £336,000 | 05/12/2025 | Flat | | CENTURY HOUSE, 98 - 100 FLAT 12 HIGH STREET, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2NN | £235,000 | 14/11/2025 | Flat | | WELL HOUSE FLAT 31 WOODMANSTERNE LANE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 3AB | £405,000 | 04/08/2023 | Flat | | [Same street] 50 THE TRACERY, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 3DD | £535,000 | 16/05/2023 | Flat | | WELL HOUSE FLAT 4 WOODMANSTERNE LANE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 3AA | £335,000 | 03/04/2023 | Flat | | CENTURY HOUSE, 98 - 100 FLAT 12 HIGH STREET, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2NN | £268,000 | 24/03/2023 | Flat | | 12A CHEVIOT CLOSE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2PD | £385,000 | 04/11/2022 | Flat | | CHEYNE COURT 6 PARK ROAD, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 3BS | £345,000 | 07/10/2022 | Flat | | 20 FORGE STEADING, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2DT | £392,000 | 13/09/2022 | Flat | | WELL HOUSE FLAT 23 WOODMANSTERNE LANE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 3AA | £340,000 | 26/08/2022 | Flat | | [Same street] 11 THE TRACERY, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 3DD | £542,500 | 17/03/2022 | Terraced | | CENTURY HOUSE, 98 - 100 FLAT 8 HIGH STREET, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2NN | £250,000 | 04/03/2022 | Flat | | [Same street] 39 THE TRACERY, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 3DD | £525,000 | 18/02/2022 | Terraced | | [Same street] 23 THE TRACERY, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 3DD | £480,000 | 18/02/2022 | Terraced | | WELL HOUSE FLAT 21 WOODMANSTERNE LANE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 3AA | £345,000 | 28/01/2022 | Flat | | WELL HOUSE FLAT 43 WOODMANSTERNE LANE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 3AB | £375,000 | 22/12/2021 | Flat | | TYROLEAN COURT 5 AVENUE ROAD, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2PB | £305,000 | 17/12/2021 | Flat | | 4 FORGE STEADING, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2DT | £325,000 | 17/09/2021 | Flat | | [Same street] 5 THE TRACERY, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 3DD | £520,000 | 06/09/2021 | Terraced | | [Same street] 22 THE TRACERY, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 3DD | £485,000 | 25/08/2021 | Terraced | **Street average:** £514,583 (6 sales) **Area average:** £331,733 (15 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £324,141 (16 Flat, SM7, 2024–2026) - **Deviation:** +4.9% ## Rental Range *ONS Price Index of Private Rents (Reigate and Banstead). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,472/mo - **Realistic:** £1,636/mo - **Optimistic:** £1,800/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Stevenage & North Herts (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £972/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Flat, Century House, SM7 | £1,500/mo | 2 | 0.2 miles | OpenRent | **Average rent: £1,500/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.44% (weak for cashflow) - **Max investor price (0.8%):** £187,500 - **Target investor price (1%):** £150,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,500/mo).* - **Gross yield:** 5.3% - **Cost-to-rent:** 18.9× - **Monthly cashflow:** £-14/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -0.2% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £4,657/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -9.3% - **10y growth:** -7.6% ## House Price Index (HM Land Registry) *Official index for Reigate and Banstead; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** 0.2% - **5y growth (index):** 4.6% - **10y growth (index):** 12.7% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)