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See how verdicts work3-bedroom flat · KT20 6AD
For saleReduced £250k (−12.5%) on 26 OctListed 558 days
Opportunity summary
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About
An outstanding ground floor mansion apartment with private gardens, the largest of eight created by Octagon in this magnificent Victorian Gothic country house set in secure parkland grounds at the heart of the exclusive Kingswood Warren.
A luxuriously appointed home of great character.
This landmark Victorian Gothic mansion was built by Thomas St Leger Alcock in 1837 and for a century was home to several distinguished families including those of the MP Henry Orme Bonsor and later Joseph Rank, founder of the milling empire.
Later used as a girls' finishing school, hotel and offices, the house was for some sixty years the home of the BBC Research and Development department.
Acquired by prestigious house-builder Octagon in 2011, the mansion was converted into eight luxurious and unique apartments set in 19 acres with 5 acres of formal communal gardens.
Our clients' home is the largest and most prestigious of these apartments and incorporates some of the original magnificent reception rooms.
The property enjoys three aspects and views over its good-sized private gardens with double doors to a spacious, wrap-round terrace and this provides ideal 'spill-out' space for entertaining family and friends.
Enhanced by further improvements, the interior of over 4,000 sq ft has a perfect blend of contemporary sophistication and period gravitas with many luxuries alongside character features.
The property comes with a wealth of storage having an extensive private cellar and further store in the secure, underground garage where there are two large parking bays.
In addition to the private gardens, Kingswood Warren Mansion is encompassed by parkland communal grounds with secure gated entrances.
Rarely does a property truly live up to the description of a mansion apartment. This property does. Interior viewing is essential.
Set at the heart of the gated Kingswood Warren Park, the property enjoys privacy and security whilst also offering remarkable accessibility to all the needs of modern life.
Kingswood Village is just over half a mile away and offers a local shop, restaurants, a café and the Kingswood Arms pub and the station provides commuter rail services to London Bridge and Victoria.
The A217 gives an arterial route to London and just 2 miles away the M25 at Reigate Hill (Junction 8) brings both Gatwick and Heathrow airports and several coastal ports within easy reach.
Reigate, Epsom and Banstead Village are each within a short drive and have excellent local shopping.
This part of the Surrey Downs has many venues for sport, leisure and cultural pursuits and these include Kingswood's two golf courses and tennis club, nearby Walton Heath and Epsom RAC golf clubs, theatre and cinema at Epsom and Reigate, many fine restaurants and pubs and several gyms.
The outstanding natural beauty of Walton Heath, Banstead Woods and Reigate Hill are also nearby.
Tenure: Share of Freehold Service Charge - £13,317 pa Local Authority: Reigate and Banstead Borough Council Council Tax Band: H FFTP All mains services To the best of our knowledge on production of this brochure
Value & comps
No previous sales on record.
Returns
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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.
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