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Shared ownership
1/22

2 bed flat for sale Pelman Way, Epsom, KT19

Asking price
£140,000
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Added on 21/10/2026

40% share · about £350,000 full value
Type
Flat
Bedrooms
2
Bathrooms
1
Size
£190 per sq ft
Tenure
Shared ownership
107 years left
Service charge £3,599 a year Council tax Band C £2,250 a year

Key features

  • Ownership Share: 40% Share
  • Two Bedrooms
  • Second Floor Apartment
  • Good Decorative Order Throughout
  • Private Allocated Bay

About this property

A exceptional opportunity for first-time buyers and professionals to secure a stylish, affordable home on the property ladder in a highly sought-after Surrey location. Positioned on the second floor of the desirable Covell House development, this bright and well-presented two-bedroom apartment is offered as a 40% shared ownership share. The property features well-planned living space, private balcony access, allocated parking, and a convenient location close to local shops, scenic parkland, and fast transport links into central London.

Floorplan

Council tax

Band C £2,250 a year
Per year
  • Band A
    £1,687
  • Band B
    £1,968
  • Band C
    This home: £2,250
  • Band D
    £2,531
  • Band E
    £3,093
  • Band F
    £3,656
  • Band G
    £4,218
  • Band H
    £5,062

This home is in band C, which costs £2,250 a year in Epsom and Ewell for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Epsom and Ewell, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Property timeline

  1. Listed
    October 2026 £140,000

    2 beds · 1 bath · this listing

Past sales can't be shown: the agent hasn't given the flat number.

Location

Pelman Way, Epsom, KT19

Mortgage and stamp duty

Property price £140,000
£70k £210k
Deposit10% £14,000
£0 £140k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £126,000 mortgage. Most lenders would want a household income of about £28,000 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.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Flat 28, Covell House, Pelman Way Flat / maisonetteMar 2021818 sq ft £205/sq ft£167,500
Flat 29, Covell House, Pelman Way Flat / maisonetteJul 2019753 sq ft £159/sq ft£120,000
Flat 21, Covell House, Pelman Way Flat / maisonetteJun 2017732 sq ft £175/sq ft£128,000
Flat 26, Covell House, Pelman Way Flat / maisonetteSept 2016721 sq ft £444/sq ft£319,950

All sales on Pelman Way → All sold prices in Epsom →

Area insights

The neighbourhood around this property.

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