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 work1-bedroom flat · RH2 9DZ
For saleReduced £14k (−4.8%) on 24 OctListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive Victorian conversion in central Reigate benefits from many features in keeping with its Victorian style including sash windows, picture rails, high ceilings throughout and polished wooden floorboards.
This, combined with an attractive bathroom with contemporary fittings and a spacious kitchen with built in appliances makes this apartment the perfect home. The apartment is bright and spacious.
The main features are the very generous double bedroom which has built in wardrobes, and the large living/dining area which has a large bay window which allows plenty of light in.
Outside there is a mature and established communal garden as well as allocated parking for owners and visitors parking.
Reigate high street is 0.6 miles distant and provides a comprehensive range of local shops and boutiques including M&S Simply Food.
There are also a good number of restaurants, cafes and coffee shops including Costa and Café Nero. Local restaurants include Pizza Express, Wagamama's, Cote and Bills.
Reigate also has a number of highly regarded schools, state and independent, for all ages. These include Dunottar, Reigate Grammar, Micklefield, Holmesdale, Reigate Priory and Reigate Secondary.
Reigate Priory Park offers many acres of open parkland and excellent facilities including tennis courts, skate park and The Pavilion cafe.
There is excellent walking and riding locally in the surrounding countryside, Reigate Heath and The North Downs Way.
The area offers a wide range of sporting facilities including active rugby, cricket, and tennis clubs.
For golfers local courses include Reigate Heath, Betchworth Park, Walton Heath and the rac Club at Epsom.
Commuting to London from Reigate station, 0.3 miles distant takes around 40 minutes into London Bridge or Victoria.
Gatwick airport in 15 minutes, along with routes to a variety of other destinations, whilst The Channel Tunnel is within a 90 minute drive.
The M25 is easily accessible from the top of Reigate Hill less than 2 miles distant.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 28,Flat 2, Somers Road, Reigate
Explore nearby