Summary - ELVEDEN COURT FLAT 3 EPSOM ROAD LEATHERHEAD KT22 8TD
2 bed 1 bath Flat
Affordable auction opportunity near Leatherhead station for cash or investor buyers.
Ground-floor two-room flat with garage and visitor parking
Sold at public auction; vacant possession on completion
Requires full refurbishment and modernisation throughout
Short lease — approx. 39 years unexpired; lenders likely to refuse mortgages
Likely cash buyers or buyers planning a costly lease extension
Electric room heaters; main fuel electricity, EPC rating D
Close to Leatherhead station, shops and Fortyfoot Recreation Ground
Local crime levels reported high; consider security/insurance impacts
This ground-floor two-room flat in Elveden Court offers an affordable entry in Leatherhead, sold at public auction with a guide price from £100,000. The property includes a garage and visitor parking and sits close to local shops, Fortyfoot Recreation Ground and Leatherhead station, making it practical for local errands and transport.
The flat requires a full program of refurbishment: dated kitchen fittings, worn floors and electric room heaters mean modernisation is needed. Buyers should expect renovation cost and disruption to bring the accommodation up to contemporary standards and to improve energy efficiency beyond the current EPC D rating.
A material legal and financial constraint is the short unexpired lease of approximately 39 years. Mortgage lenders will likely refuse to lend against this term; buyers should be prepared to purchase with cash or to factor in the significant cost and legal process of a lease extension. The sale is by public auction and the property is sold vacant.
Other practical points: the building dates from the late 1970s/early 1980s, glazing is double but installation date is unknown, heating is by electric room heaters and main fuel is electricity. The surrounding area is affluent with strong mobile and broadband connectivity, but local crime levels are noted as high, which may affect some buyers’ suitability and insurance costs.
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