1-bedroom flat · GU2 9YS
For saleListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented one bedroom first floor retirement apartment for the over 60s, situated within the ever-popular Reeve Court development and offered to the market with no onward chain.
The property enjoys a practical layout, together with access to a range of communal facilities and attractive shared grounds.
The entrance hall provides useful built-in storage and leads through to a bright, generously proportioned lounge/dining room with ample space for both sitting and dining furniture.
An open archway connects to the fitted kitchen, which offers a range of storage units and work surfaces with space for the necessary appliances.
The double bedroom benefits from fitted wardrobes, while the accommodation is completed by a shower room with an enclosed shower, wash hand basin and WC.
Residents of Reeve Court have access to a communal lounge and laundry room, along with well-maintained communal grounds and parking.
Local amenities and regular bus routes are conveniently nearby, making this an appealing and well-connected retirement property.
Length of lease: 125 years from 29 September 1983 Service charge: £184 pcm Ground rent: £100 pa
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 10 Reeve Court,, Tarragon Drive, Surrey
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