1-bedroom flat · RH2 0EF
For saleListed 706 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Originally a two-bedroom layout, the property has been thoughtfully transformed into a spacious one bedroom providing in our opinion a much more appealing layout especially if you are used to larger reception/living rooms.
The living room now makes room for either a formal dining table or a study area. French doors from the living room opens to a balcony, providing enough room for some garden furniture.
The kitchen is fitted with a range of wall & base units. The bedroom has been fitted with wardrobes offering plenty of storage.
The ensuite toilet has a modern wall hung wc & sink within a fitted vanity unit, heated towel rail & storage cupboards.
The main bathroom has been refitted with a shower enclosure which has been tastefully tiled, hand basin, low level toilet.
Wraymead Place is located within a favoured road & provides easy access into Reigate town.
Residents can enjoy the beautiful communal gardens with its own communal conservatory, there is also an on-site hair salon, communal lounge which offers a range of activities, guest suite & video entry system.
Residents also get comfort that there is an on-site warden & emergency call system. Resident & visitor parking. Full lease & management details available on request.
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 24 Wraymead Place, Wray Park Road, Reigate
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