Studio flat · RH2 0DD
For saleListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a glorious period building is this charming and quaint ground floor studio conversion apartment. A perfect first home, pied a terre or investment property so come and take a look.
With glorious high ceilings throughout and a large bay window within the main living space these features help to make the space on offer light and airy.
The living space also lends itself perfectly to the arrangement of a pull-down bed, which would be unobtrusive during the day.
The kitchen is separate and hosts a selection of fitted units, an integrated oven, hob and extractor and space for a washing machine and fridge freezer.
The bathroom which is accessed from the main living space provides a white suite, heated towel rail and part tiled walls.
Outside there is a communal garden for residents to enjoy as well as a shed for each homeowner.
The secluded front also provides an allocated parking space for each of the four residents of the building.
The apartment also has the appeal of being in very close proximity to both Reigate station and the town centre.
Offered to the market with no chain and benefitting from a share of the freehold as well as being an appealing price for the location of Reigate come and view before you miss out!
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 2, 4, Wray Park Road, Surrey
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