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See how verdicts work2-bedroom flat · GU23 6AF
Listing removedReduced £15k (−4.6%) on 25 JunListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated at the heart of picturesque Ripley village is this well presented two bedroom first floor apartment with a share of the freehold and an ideal purchase for the young professional or downsizer who wants to be close to local retailers.
The apartment is just five years old and one of only four in the development.
The property is in the perfect location to enjoy all that the village has to offer, including a choice of independent shops, a good variety of cuisine, nature to explore nearby and all within easy reach of Woking town and excellent transport links including the A3 and M25 within easy reach.
A communal hallway leads to the first floor and one's own front door which opens onto a bright open plan living space incorporating a sociable relaxed seating area for entertaining friends and family.
The kitchen offers a thoughtfully designed and contemporary feel.
There are plenty of cupboards for storage, ample stone worktops for preparation and a good range of integrated appliances for modern day living.
There are two bedrooms, one with a superb Juliette balcony. Both are served by a luxury bathroom suite. Outside the property benefits from two private parking spaces.
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 Flat 3 Newark House, High Street, Ripley
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