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 work3-bedroom house · RH1 3JL
Listing removedListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom semi detached property in need of substantial modernisation and updating. The accommodation includes sitting room, kitchen, family bathroom, front and rear gardens and double glazing.
The area offers local Co-op Supermarket, the Merstham Community hub and mainline Merstham Railway Station which provides commuter links to London, Gatwick and the South Coast.
There is a choice of schools for children of all age groups and further amenities, shops and restaurants can be found in nearby Redhill town centre.
The M23/25 can be accessed at the Hooley interchange Junction 7.
Upvc Double Glazed Door Leading to: Entrance Hall Stairs leading to first floor landing, front aspect double glazed window, door to: Sitting Room (6.15m x 3.10m (20'2 x 10'2)) Rear aspect Upvc double glazed patio doors giving access to rear garden, front aspect Upvc double glazed window, power points, feature fireplace.
Kitchen (3.66m x 2.92m (12'0 x 9'7)) Rear aspect and side aspect double glazed windows, side aspect double glazed patio door, part tiled walls, power point, storage cupboard (part installed sink & oven) Family Bathroom Front aspect and side aspect obscured double glazed windows, (Part installed Low level WC, panel enclosed bath, sink, ) Stairs Leading To First Floor Landing Front aspect double glazed window, access to loft via hatch, storage cupboard, door to: Main Bedroom (3.96m x 3.73m (13'0 x 12'3)) Rear aspect double glazed window, power points.
Bedroom 2 (3.71m x 2.72m (12'2 x 8'11)) Rear aspect double glazed window, fitted wardrobe. Bedroom 3 (3.02m x 2.36m (9'11 x 7'9)) Front aspect double glazed window, fitted cupboard.
Outside Rear Garden Mainly laid to lawn, side access, panel fencing. Front Garden Pathway leading to front door, area of lawn. Council Tax Band D
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
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FAQ
About 152, Malmstone Avenue, Merstham
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