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£500,000

Guide Price

2 bed flat for sale Park Road, Cheam, SM3 8QB

2 beds 1 bath Flat / Apartment

Tenure: ask agent

Added on 15/09/2026

About this property

**Guide price £500,000 to £550,000**A very rare opportunity to purchase a two-bedroom ground floor garden flat located in the heart of Cheam village and close to shops, transport links and Cheam station. An ideal investment, first time buy, or retirement purchase the property also boasts a private garden, off street parking and a garage. With many period features and high ceilings throughout, the light and airy feeling created is sure to prove attractive to many buyers.

Key features

Long Lease 145 years
2 Double bedrooms
Private garden
Off street parking
Council Tax Band D
EPC Rating D

Floorplan

Price guide

This home

£636 / sq ft

Area average (sold)

£550 / sq ft

Price per area, sold homes nearby

£420 / sq ft

£636 / sq ft

£669 / sq ft

Lowest

This home

Highest

£636 per sq ft, above the middle of recent sales in SM3 (£420–£669, 10th–90th percentile, 484 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 484 homes sold in SM3 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in SM3 →

Location

Park Road, Cheam, SM3 8QB

Open map Street View

Council tax: Band D (Approx £2,379/year)

Mortgage and stamp duty

Property price £500,000

£250k £750k

Deposit10% £50,000

£0 £500k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £450,000 mortgage. Most lenders would want a household income of about £100,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in SM3 8QB. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
9, Park Road Terraced	Terraced	Sept 2025	829 sq ft £784/sq ft	829 sq ft	£784	£650,000
Ground Floor Flat, 22, Park Road Flat / maisonette	Flat / maisonette	Jan 2025	2,056 sq ft £253/sq ft	2,056 sq ft	£253	£520,000
First Floor Flat, 22, Park Road Flat / maisonette	Flat / maisonette	Dec 2024	2,056 sq ft £233/sq ft	2,056 sq ft	£233	£479,000
1h, Park Road Flat / maisonette	Flat / maisonette	Oct 2024	603 sq ft £415/sq ft	603 sq ft	£415	£250,000
1j, Park Road Flat / maisonette	Flat / maisonette	Jul 2020	614 sq ft £311/sq ft	614 sq ft	£311	£191,000
5, Park Road Semi-detached	Semi-detached	Aug 2019	1,819 sq ft £280/sq ft	1,819 sq ft	£280	£510,000
14, Park Road Semi-detached	Semi-detached	Apr 2018	1,184 sq ft £448/sq ft	1,184 sq ft	£448	£530,000
1f, Park Road Flat / maisonette	Flat / maisonette	Feb 2017	484 sq ft £372/sq ft	484 sq ft	£372	£180,000