1-bedroom flat · RH1 3BN
Listing removedListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very stylish ground-floor one-bedroom conversion apartment within this historic Victorian building.
The main living space features a large bay with a tall, multi-paned window that floods the space with natural light, creating a warm and inviting atmosphere.
The high ceilings create a feeling of space. Adjacent to the living room, the open-plan kitchen is modern and well-equipped, featuring sleek cabinetry and high-quality appliances.
This seamless flow between the living and kitchen areas enhances the overall functionality of the apartment. The double bedroom and the luxuriously appointed shower room are off of a small lobby.
Overall, this apartment combines historic character with contemporary comforts, making it a perfect home for anyone seeking a stylish urban lifestyle and who needs to catch a fast train service to London.
Outside there are communal gardens, security-gated allocated parking, and visitor parking. The property benefits from 992 years remaining on the lease.
There are local shops and eateries in the village high street, while comprehensive facilities can be found in the vibrant nearby towns of Redhill and Reigate, and the M25 and M23 can be easily accessed via the Reigate Hill interchange.
Merstham Station provides services on the London to Brighton line
Value & comps
No previous sales on record.
Returns
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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 Flat 5 Greystone Court, London Road North, Redhill
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