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 work3-bedroom flat · RH1 3DJ
Listing removedReduced £50k (−14.3%) on 20 JunListed 459 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
13 Stephenson Place 15 Station Road North A bright and spacious three-bedroom apartment in a sought-after development just moments from the train station - welcome to comfort, convenience, and community living.
Positioned on the second floor of a handsome period-style building, this home offers a generous layout spanning over 870 sq ft, with every room bathed in natural light.
The 16'9 sitting room offers the perfect place to unwind or entertain, flowing seamlessly into a classic shaker-style kitchen with integrated appliances and warm tiling that adds a pop of colour and charm.
The three bedrooms provide versatility for growing families, guests, or working from home - the primary bedroom also benefits from built-in wardrobes and an en-suite shower room.
The main bathroom is stylishly tiled and fitted with a full-size bath and overhead shower.
Outside, the manicured communal gardens are perfect for a summer read or a morning coffee, while your own allocated parking space adds welcome practicality.
The train station is just a short stroll away, connecting you effortlessly to London and beyond.
Offered to market with no chain, this home is ideal for first-time buyers, downsizers or savvy investors looking for a ready-to-go property in a standout location.
Other Information (as advised by the seller)...
Council Tax: D Parking Arrangements: Allocated Space + Visitor Parking Vendors position: No Chain Tenure: Leasehold Lease Length: 101 Years Remaining Management Fee: £1680 pcy Ground Rent: £250 pcy Floor Level: Second Floor Lift Access: No Location of Boiler: Kitchen Age of Boiler: 10 years+ Age of Windows: 10 years+ Approx.
Age of Construction: 2001 Loft: Yes Garden Direction: N/A (communal grounds) Potential Rental Value: £1,500 – £1,700 pcm Agent: Simon Male Material Information: Broadband connection: Copy & paste this link into your browser and use postcode to search Mobile signal/coverage: Copy & paste this link into your browser and use postcode to search Stamp Duty: Copy & paste this link into your browser: *Please verify these details through the conveyancing process *All distances or travel times are based on Google Maps
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 15, Station Road North, Redhill
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