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See how verdicts work3-bedroom flat · RH2 0LJ
Listing removedListed 990 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This magnificent apartment is part of the sought-after Wray Mill Development and can be found in the private and quieter location of The Lodge which overlooks Wray Common.
This development is popular with those looking for fabulous facilities such as an indoor communal swimming pool, secure underground parking and beautiful communal grounds.
Situated on the ground floor this apartment offers spacious and well laid out accommodation.
The entrance hall leads to a fabulous large lounge and dining room with double doors leading out to the real star of this apartment - a lovely, large, private patio to sit and enjoy the scenic views over Wray Common and the famous windmill!
The fully fitted kitchen also has doors out to the patio terrace.
Along the corridor are two guest double bedrooms and guest bathroom and at the end a master suite with lovely garden views, ensuite shower and bathroom and separate dressing room.
Whilst the property is in need of some updating, it is clean and tidy and ready to move into.
The Lodge is conveniently located for access to both Redhill and Reigate to enjoy all the shops, restaurants, leisure facilities and transport links that both towns offer.
This spacious apartment was originally the show home for the Wray Mill Development. Being on the ground floor the property is easily accessed and has its own large, sunny, south-west facing patio.
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
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FAQ
About Flat 1, The Lodge, Batts Hill, Reigate
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