We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · RH2 7JX
Sold STCListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £400,000 - £425,000 Situated in the heart of the ever-popular Lesbourne Village, this charming two-bedroom Victorian cottage offers a wonderful blend of character, style and convenience.
Beautifully presented throughout, the current owners have thoughtfully enhanced the property while preserving the period features that make homes of this era so special.
Inside, an initial porch area perfect for coats and shoes, leads you through to the front lounge, centred around an exposed brick fireplace with feature log burner.
Boasting original features, including restored wooden floorboards, a large sash window and bespoke built-in storage, the current owners have created the perfect space to relax.
A separate dining room to the rear offers lovely views over the garden and offers an ideal space for hosting family and friends.
On the lower ground floor, the refitted cottage-style kitchen has been sympathetically chosen to suit the era of this home, boasting a useful pantry and stable door opening directly onto the garden.
Side access from the front of the property offers practicality for bicycles, gardening equipment or muddy paws returning from local walks.
The first floor comprises a generous main bedroom to the front, a second bedroom which could equally serve as a home office, nursery or dressing room and a family bathroom.
Lesbourne Road has long been one of Reigate's most sought-after locations, admired for its attractive Victorian architecture and unrivalled access to local amenities.
Just moments from the doorstep are a wonderful selection of independent shops, cafés, eateries and local favourites.
Priory Park is nearby, whilst commuters benefit from excellent transport links and access to Reigate town centre.
The area is also highly regarded for its excellent schools, making this a fantastic opportunity for a variety of buyers seeking a character home in a prime location.
A charming two-bedroom Victorian cottage, beautifully updated to combine period character with contemporary comfort.
Located in the heart of Lesbourne Village, just moments from Reigate's vibrant town centre and Priory Park.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 76, Lesbourne Road, Reigate
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