We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · RH1 6LE
Sold STCReduced £50k (−4.2%) on 28 JulListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned just off the ever popular Pendleton Road, this beautifully renovated period home strikes that difficult balance between character and modern living, offering an enormous amount of charm whilst still feeling incredibly practical for family life.
Set opposite Earlswood Common and equidistant to both Redhill and Reigate town centres, the location is ideal for those wanting easy access to shops, stations, schools and green space, all within walking distance.
The house itself has been extensively improved by the current owners and is presented in immaculate decorative order throughout, with careful attention paid to retaining the original character of the property.
Intricate cornicing, original features and a particularly grand staircase all add to the feeling of quality and history, whilst thoughtful modern finishes blend seamlessly into the home.
One of the standout details is the original front door, now retained internally, complete with beautiful stained glass.
At the heart of the house is a stunning shaker style kitchen/breakfast room finished with stone worktops, warm herringbone flooring and flooded with natural light through two sets of sliding doors which open beautifully onto the garden.
The adjoining dining area creates a fantastic entertaining space, whilst the separate living room offers a more cosy retreat.
A useful study, additional studio space and downstairs cloakroom add flexibility for modern family life.
Upstairs, there are four generous bedrooms arranged around a spacious landing, alongside a large bathroom positioned adjacent to the principal bedroom, almost giving an en suite feel.
A well appointed family bathroom services the remaining bedrooms.
Outside, the gardens wrap around the rear and both sides of the house, creating multiple seating areas which enjoy a sunny south westerly aspect throughout the day.
A detached double garage and driveway complete what is a truly special home in one of the area’s most sought after locations.
Pencroft is a great family home with warm, quirky character and full of interesting features.
It is nestled in a fabulous location, opposite beautiful Earlswood Common and perfectly positioned at an equal distance between Reigate and Redhill.
This makes it a very special house that offers charm, convenience and a truly perfect setting for family life.
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 Pencroft, Pendleton Road, Redhill
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