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 bungalow · CR5 3LQ
Listing removedListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sitting on a plot of just over a third of an acre, this large double-fronted detached bungalow represents one of those genuinely rare opportunities with potential to re-imagine the current space or extend, stp.
Set on a beautiful tree-lined road at the heart of Chipstead Village, the property combines impressive proportions, outstanding outdoor space, and lots of potential and comes without any onward chain.
A large double aspect sitting room forms the heart of the home, with a family room, three well-proportioned bedrooms, two with en-suite facilities, a separate shower room, a kitchen/diner and a light-filled conservatory completing the layout.
There is no shortage of space here, but it is perhaps what the property could become that will capture the imagination most.
Above the main roofline sits a large loft space and with a plot and footprint of this size, the potential to convert and extend upwards into a striking principal suite, additional bedrooms, or a spectacular room with a view is an exciting prospect that few properties in the village can offer.
Subject to the necessary planning consents, this is a canvas for something quite exceptional.
The detached garage and separate garden outbuilding add further flexibility with potential for storage, a studio, a home office, or ancillary accommodation could all be considered as part of a wider scheme to transform the property into something extraordinary.
Step outside and the gardens truly take your breath away.
The rear garden is mature, mostly level, and beautifully established and is a genuine sanctuary filled with mature trees, plants, hedges and shrubs that have been cultivated over many years.
A generous patio provides the perfect setting for outdoor entertaining, while a greenhouse, side access and a water tap reflect the thoughtful practicality of a garden designed to be used and loved.
The front garden, meanwhile, provides a sweeping driveway with off-street parking for multiple vehicles.
Chipstead Village is one of Surrey's most sought-after addresses, offering an exceptional quality of life within easy reach of London.
Farthing Downs, the tennis club, Chipstead Golf Club and a wealth of equestrian facilities are all close at hand, while Chipstead and Coulsdon South railway stations provide swift and regular services into the capital.
For families, the area is exceptionally well served by both independent and state schools of the highest calibre.
Whether your vision is a stunning family home created around the original bones of this remarkable building, or a comprehensive scheme that takes full advantage of the loft, the outbuildings and the exceptional plot, this property deserves to be seen in person.
London Borough of Reigate And Banstead Council Tax Band G As part of the service we offer, we may recommend ancillary services to you which we believe will help your property transaction.
We wish to make you aware that should you decide to proceed we will receive a referral fee. This could be a fee, commission, payment or other reward.
We will not refer your details unless you have provided consent for us to do so.
You are not under any obligation to provide us with your consent or to use any of these services, but where you do, you should be aware of the following referral fee information.
You are also free to choose an alternative provider.
Cook Taylor Woodhouse Solicitors – £250 + VAT per referral Taylor Rose Solicitors – £175 + VAT per referral Arnold & Baldwin Surveyors – 10% of fee Huxley Surveyors – £25/£50 voucher per referral Atrium Surveyors - £20 - £50 per referral EPC Rating: D
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Hollymead Road, Chipstead, CR5
Explore nearby