3-bedroom terraced house · RH2 8AB
For saleReduced £35k (−4.5%) on 20 OctListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish and beautifully presented three bedroom character cottage overlooking reigate heath This stylish and beautifully presented three bedroom character property enjoys a delightful position overlooking Reigate Heath.
The property has been meticulously improved and redesigned by the current owners, to create a wonderful home combining period features with contemporary touches.
Arranged over three floors plus cellar, number 23 offers just over 1,000 sq ft of accommodation, decorated with a calm colour palette which complements its leafy setting.
On the ground floor, the front reception room features a log burning stove and elegant angled bay window.
The dining room has a decorative original fireplace, and leads through to a stylish kitchen with bespoke cabinetry, quartz work surfaces and integrated Neff and AEG appliances.
On the first floor are two double bedrooms and a stunning family bathroom with shower over bath and cleverly designed open storage with accent lighting.
Occupying the entire top floor is a third double bedroom with ensuite WC, eaves storage, and a freestanding roll top bath, enjoying lovely far-reaching views to the rear.
To the front is an enclosed courtyard, while the rear garden extends to approximately 150 ft, comprising a patio area adjacent to the house, a covered open store and a generous lawn.
Location Flanchford Road is a highly sought-after address, enjoying a wonderful position opposite Reigate Heath.
The surrounding area offers an abundance of opportunities for walking, cycling, horse riding and golf, while the popular Black Horse and Skimmington Castle pubs are both within easy walking distance.
Reigate town centre is within easy reach, offering an excellent selection of independent boutiques, cafés, restaurants and everyday amenities.
Reigate is also renowned for its highly regarded schools in both the state and private sectors.
For commuters, Reigate railway station provides regular services to London and beyond, while the nearby A25 and M25 offer excellent road connections to the wider South East, Gatwick Airport and the national motorway network.
This property combines a thoughtfully designed interior with a particularly appealing setting overlooking Reigate Heath.
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
Agent & docs
FAQ
About 23, Flanchford Road, Surrey
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