3-bedroom flat · RH2 0LY
Listing removedReduced £20k (−6.7%) on 20 JunListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom basement flat offering a lounge diner, separate kitchen and bathroom. Leasehold and located on Croydon Road in Reigate.
The property is positioned at basement level on Croydon Road in Reigate and is accessed via a private entrance leading into an internal lobby. The lobby provides access to the principal accommodation.
The lounge diner is positioned centrally within the layout and provides space for seating and dining.
The kitchen is arranged separately and fitted with a range of wall and base units with work surfaces and integrated appliances. There are three bedrooms arranged off the internal hallway.
Two of the bedrooms are positioned toward one side of the flat, with the third bedroom located to the opposite end of the layout.
The bathroom is accessed from the hallway and includes a bath with shower over, basin and WC. An airing cupboard is positioned off the hallway providing additional storage.
The property is leasehold and situated on Croydon Road in Reigate, providing access to local amenities and transport links.
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 Basement Flat, 29, Croydon Road, Surrey
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