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 terraced house · RH2 7JP
Listing removedListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
There is a certain grace to the homes that first anchored a road, and this Victorian residence on Lesbourne Road is no exception. Built in 1864, it wears its history with quiet confidence.
The Reigate stone frontage, punctuated by red brick quoins, lends a sense of permanence, while the traditional side entrance hints at the charm within.
Inside, the house reveals itself to be far more spacious than its façade suggests.
The front lounge, framed by a tall bay window, is bathed in light and made warm by its cosiness, while the central reception invites gatherings around a carved mantel fireplace, the kind of detail only time can bestow.
A contemporary kitchen and breakfast room brings modern comfort and function into conversation, with sleek cabinetry and a breakfast bar that offers space for morning coffees.
There is a convenient downstairs WC.
From here, one can step into the private courtyard garden – a south-facing sun trap that hums with possibility, whether for entertaining, pottering among pots, or simply soaking in the day’s warmth.
Upstairs, three well-proportioned bedrooms provide both space and serenity, with the principal room large enough to accommodate a future en-suite if desired (stpp).
With its modern family bathroom and immaculately maintained interiors, this home is perfectly attuned to contemporary living while holding close its historic heart.
Lesbourne Road lies just moments away, home to Nisou, a favourite for its bistro-style brunches and coffee, alongside a traditional bakery, butchers, barbers, and the beloved Paw Shed, a firm favourite for those with four-legged companions.
From here, a gentle stroll leads you to Priory Park, where vast green expanses, a lake, and play areas invite leisurely afternoons and outdoor adventures in every season.
Beyond the park, Reigate’s historic high street awaits, a characterful blend of independent boutiques and well-known names.
From the aroma of freshly baked bread at Chalk Hills Bakery to browsing the shelves at Oliver Bonas, there is a charm in the balance of the old and new.
Restaurants, pubs, and wine bars line the streets, offering a social energy by day and a cosy hum by evening.
For those seeking practicality as well as pleasure, the location could not be more convenient.
Reigate train station is a short walk away, reached by a pleasant stroll up the high street and through the tunnel, offering direct connections into London and beyond.
Families will find themselves well placed for an array of nurseries and schools, both state and independent, all within easy reach.
Life here offers not only a beautiful home but also the daily rhythm of Reigate at your doorstep.
Value & comps
No previous sales on record.
Returns
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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 13, Lesbourne Road, Reigate
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