2-bedroom flat · RH2 7JY
For saleReduced £35k (−6.5%) on 10 OctListed 97 days
Opportunity summary
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About
Hunter & Company are proud to offer for sale this first floor apartment in an exclusive development, located in the heart of Reigate.
This Two Double Bedroom, Two Bathroom property has been meticulously designed by our client and expertly built by reputable local developers ‘Hystar’ in 2020.
Available to the sales market for the first time having been rented out from new, this is an amazing opportunity to purchase such a high specification property, in the centre of this sought after towmn, with the added benefit of a share of the freehold.
All apartments also have an allocated and gated underground parking space.
Reigate is a bustling market town offering a comprehensive range of local shops, independent boutiques, and high-end retailers.
It boasts a huge variety of restaurants, coffee shops and pubs, including Côte, Gail’s, Wagamama and Bill's, alongside some amazing indies such as Canakin, Monte Forte and Lebnani.
Reigate also has several quality schools, both state and independent, catering to all ages. Material Information: EPC Rating: B Council Tax Rates: Band D - Reigate & Banstead.
Tenure: Share of Freehold - New 999 Year Lease. Service Charge/Maintenance: £tbc, currently under block management, full handover to take place once final apartment completes.
Property type: Purpose-built Apartment. Property construction: Standard – Built in 2020. Number and types of rooms: Two Bedrooms, One Receptions, Two Bathroom. Electricity supply: Mains.
Water supply: Mains. Sewerage: Mains. Heating: Gas - Boiler was installed in 2020. Windows: Windows installed in 2020. Parking Arrangement: Gated allocated parking space.
Offered: No Onward Chain, Vacant Possession. Available From: Currently tenanted, but notice will be issued on offer acceptance. Broadband & mobile coverage please visit Ofcom:
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.
Area
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FAQ
About Flat 4, 2A, Albion Road, Reigate
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