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See how verdicts work3-bedroom bungalow · RH2 0NF
Listing removedReduced £45k (−5.1%) on 20 JunListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase a spacious detached bungalow occupying a generous corner plot in a peaceful cul-de-sac near Wray Common. The property is offered to the market with no onward chain.
The accommodation is bright throughout and particularly notable for its impressive dual-aspect lounge, where large picture windows flood the room with natural light and frame uninterrupted views towards the North Downs.
The generous proportions create a wonderful main living and dining space ideal for both relaxing and entertaining.
The kitchen is well-appointed with a breakfast bar and ample fitted storage, providing excellent workspace and informal dining space.
A separate utility room offers additional storage and laundry facilities, with direct access from outside and leading straight through into the kitchen- ideal for everyday practicality.
There are two generously sized double bedrooms, and a third bedroom currently arranged as a home office, offering flexibility to suit individual needs.
The property benefits from two bathrooms, providing added convenience for family living. The expansive loft area offers significant additional potential.
The eaves have already been boarded, providing excellent storage, and the overall loft space presents clear scope for further utilisation, subject to the necessary consents.
As with other properties in the road, the bungalow offers excellent potential for extension (subject to planning permission), allowing a new owner to significantly enhance and personalise the accommodation if desired.
Outside Occupying a generous corner plot, the property benefits from mature gardens wrapping around three sides of the home - a rare feature that enhances both privacy and outlook.
Predominantly laid to lawn and bordered by established shrubs and planting, the gardens provide a peaceful and private setting, ideal for outdoor entertaining or quiet enjoyment.
The elevated position allows for uninterrupted views of the North Downs, creating a wonderful sense of space and connection to the surrounding landscape.
A private driveway provides off-road parking for two vehicles and leads to a separate single garage, which offers excellent storage or potential for conversion into a home office, studio or workshop (subject to any necessary consents).
Situation Wrayfield Avenue is a quiet and highly regarded cul-de-sac in a preferred area of Reigate, just moments from Wray Common and within easy reach of the beautiful parkland of Gatton Park.
The property is ideally positioned for convenient access to Reigate town centre, offering an impressive range of shopping, dining and leisure facilities, as well as both state and independent schools.
For commuters, both Redhill railway station and Reigate railway station provide excellent rail services to London, Gatwick and Reading, while the M25 is also easily accessible.
Reigate sits at the foot of the North Downs, an Area of Outstanding Natural Beauty, and the property itself enjoys uninterrupted views towards this striking landscape backdrop, combining peaceful surroundings with exceptional convenience.
Property Ref Number: Ham-63094
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.
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FAQ
About 5, Wrayfield Avenue, Reigate
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