2-bedroom bungalow · RH2 0EE
For saleReduced £25k (−5.6%) on 2 JulListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This lovely retirement bungalow is set within a friendly complex, conveniently located on Wray Park Road.
Brooklands Court is a sought-after development with a visiting warden a couple of times a week, as well as having pull cords in the property itself for emergencies.
The property has been modernised and updated in recent years and is ready to move straight in.
Tucked away at the rear of the development, it has a feeling of peace and seclusion, surrounded by attractive communal grounds with pathways through mature, well kept gardens and plenty of benches to sit on.
Once inside the bungalow is decorated neutrally throughout, making it easy to add your own stamp, should you wish to.
The lounge has a plenty of space for a dining table as well as the sofa and this leads through to the conservatory which was added in recent years and provides a second reception space where you can sit and enjoy the views over the gardens to the rear.
There is a modern fitted kitchen with another door opening out to the garden area. Both bedrooms are good size double rooms, with the main bedroom having built in wardrobes and drawers.
The walk in wet room is fully tiled and has a large shower, making it easily accessible for wheelchair users.
There is also a useful loft space for storage and cupboards in the hallways for coats and shoes. This two bedroom retirement bungalow is located in a popular development on Wray Park Road.
The bungalow has been updated internally and is in good condition throughout, ready for the next owners to enjoy!
Value & comps
No previous sales on record.
Returns
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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 5 Brooklands Court, Wray Park Road, Reigate
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