# 2 bedroom apartment for sale (KT12 1NJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 48 GAINSBOROUGH COURT, WALTON-ON-THAMES, SURREY KT12 1NJ |
| Price | £350,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | D |
| Construction age | England and Wales: 1976-1982 |
| Floor area | 63 m² |
| Last sold | £335,000 Nov 2019 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 07/05/2036
- **Current heating cost:** £382/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8200-5285-0322-8601-3563)

## Description

We are delighted to offer for sale this well presented, spacious top floor apartment situated in this highly regarded development and within a short walk of Walton mainline train station (fast train service 22 mins to Waterloo).

The apartment is smartly presented havening been redecorated with new carpets. It has a nice, bright feel and is well proportioned throughout. The accommodation comprises entrance hall with storage cupboard, large living/dining room with attractive Juliet balcony, modern fitted kitchen with

integrated appliances to include oven, hob, extractor and dishwasher. Both bedrooms are doubles and benefit from built-in wardrobe space. White bathroom suite with separate, refitted WC.

Externally the property enjoys beautifully tended communal gardens as well as a garage located close by and an outside storage cupboard.

The property has the added benefit of a long lease (920 years), double glazing and should be viewed to be fully appreciated.

Council Tax Band: D (Elmbridge); Length of Lease: 920 Years

## Property Photos

- ![Photo](/listings/photos/88398744/408426)
- ![Photo](/listings/photos/88398744/408427)
- ![Photo](/listings/photos/88398744/408428)
- ![Photo](/listings/photos/88398744/408429)
- ![Photo](/listings/photos/88398744/408430)
- ![Photo](/listings/photos/88398744/408431)
- ![Photo](/listings/photos/88398744/408432)
- ![Photo](/listings/photos/88398744/408433)
- ![Photo](/listings/photos/88398744/408434)
- ![Photo](/listings/photos/88398744/408435)
- ![Photo](/listings/photos/88398744/408436)

## Floorplans

- ![Floorplan 1](/listings/photos/88398744/408437) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/88398744/408438) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 48 GAINSBOROUGH COURT, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1NJ | £335,000 | 19/11/2019 | Flat |
| 48 GAINSBOROUGH COURT, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1NJ | £327,000 | 16/12/2015 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| CHILTON COURT 4 STATION AVENUE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1NG | £427,500 | 12/12/2025 | Flat |
| 101 FLAT 5 ASHLEY ROAD, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1HH | £267,500 | 15/08/2025 | Flat |
| 9 RUSHMON GARDENS, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1QZ | £255,000 | 11/12/2023 | Flat |
| WATERLOO COURT FLAT 4 MAYFIELD ROAD, HERSHAM, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 5AD | £240,000 | 08/12/2023 | Flat |
| CHILTON COURT 23 STATION AVENUE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1NG | £350,000 | 13/10/2023 | Flat |
| 17 COLLINGWOOD PLACE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1LU | £265,000 | 29/09/2023 | Flat |
| 21 FLAT 4 STATION AVENUE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1NF | £535,000 | 28/09/2023 | Flat |
| 30 COLLINGWOOD PLACE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1LU | £280,000 | 17/08/2023 | Flat |
| MOORLANDS FLAT 11 ASHLEY PARK ROAD, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1SG | £266,250 | 04/08/2023 | Flat |
| MOORLANDS FLAT 3 ASHLEY PARK ROAD, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1SG | £238,479 | 05/06/2023 | Flat |
| 70 GAINSBOROUGH COURT, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1NL | £345,000 | 05/05/2023 | Flat |
| 3 ROYDON COURT, HERSHAM, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 5HZ | £240,000 | 05/05/2023 | Flat |
| 26A ASHLEY PARK ROAD, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1JP | £340,000 | 24/03/2023 | Flat |
| 28 COLLINGWOOD PLACE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1LU | £267,500 | 17/03/2023 | Flat |
| 101 FLAT 6 ASHLEY ROAD, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1HH | £253,000 | 16/12/2022 | Flat |
| OAKWOOD, 28 FLAT 5 ASHLEY RISE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1ND | £299,000 | 16/12/2022 | Flat |
| WATERLOO COURT FLAT 7 MAYFIELD ROAD, HERSHAM, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 5AD | £162,500 | 01/12/2022 | Flat |
| WATERLOO COURT FLAT 24 MAYFIELD ROAD, HERSHAM, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 5AD | £250,000 | 21/10/2022 | Flat |
| 22 COLLINGWOOD PLACE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1LU | £345,000 | 05/10/2022 | Flat |
| CHILTON COURT 23 STATION AVENUE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1NG | £410,000 | 27/09/2022 | Flat |

**Area average:** £301,836 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £270,855 (31 Flat, KT12, 2024–2026)
- **Deviation:** +29.2%

## Rental Range

*ONS Price Index of Private Rents (Elmbridge). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,648/mo
- **Realistic:** £1,831/mo
- **Optimistic:** £2,014/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Walton (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,209/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, Collingwood Place, KT12 | £1,550/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, King Court, KT12 | £2,950/mo | 2 | 0.35 miles | OpenRent |
| 2 Bed Flat, Cleves House, KT13 | £2,100/mo | 2 | 0.42 miles | OpenRent |
| 2 Bed Flat, Weybridge, KT13 | £2,450/mo | 2 | 0.43 miles | OpenRent |
| 2 Bed Flat, Harrington House, KT12 | £2,500/mo | 2 | 0.49 miles | OpenRent |
| 2 Bed Flat, Hersham Road, KT12 | £1,795/mo | 2 | 0.5 miles | OpenRent |

**Average rent: £2,224/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 0.65% (weak for cashflow)
- **Max investor price (0.8%):** £284,375
- **Target investor price (1%):** £227,500

*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 £2,275/mo).*

- **Gross yield:** 7.8%
- **Cost-to-rent:** 12.8×
- **Monthly cashflow:** £644/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7.6%

*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:** £5,556/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -8.1%
- **10y growth:** -21.7%

## House Price Index (HM Land Registry)

*Official index for Elmbridge; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -1.3%
- **5y growth (index):** 4.4%
- **10y growth (index):** 5.3%

## 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)