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See how verdicts work1-bedroom flat · KT24 5AF
For saleListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Thought to originate from the 1800's, Grove House was sympathetically refurbished and developed in 2010 by Berkely Homes.
Consisting of 6 apartments, this exclusive Edwardian building is situated conveniently just 2 miles from Effingham Mainline train station and directly opposite the sought after Effingham Golf Club.
This ground floor one bedroom apartment oozes character with its high ceilings, bay window, ornate cornicing and quaint feature alcove, which the current owners have utilised as a study area.
The property which exceeds 700 square feet consist of an entrance hall with storage cupboard, large lounge with a feature fireplace, a fully fitted double aspect kitchen with an abundance of wall and floor mounted units set under a stylish granite worktop.
The impressive bathroom suite boasts a large walk-in shower, separate bath and floating basin with useful mirrored cabinet above.
Finally, the double bedroom benefits from built in wardrobe cupboards and there is an additional basement storage room which is accessed from the communal entrance.
Outside there are communal grounds with beautiful views across fields and the apartment also benefits from allocated parking.
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 2 Grove House,, The Grove, Leatherhead
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