4-bedroom bungalow · RH9 8JX
To rentListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away behind gates and set within a generous plot of over 0.4 acres is this beautifully refurbished detached bungalow.
Offering high-specification, single-level living, the property provides spacious and versatile accommodation, ideal for families, professional tenants or those seeking flexible multi-generational living.
The home is finished to an exceptional standard throughout, with excellent ceiling heights, wide internal openings and an abundance of natural light creating a wonderful sense of space.
At its heart is an impressive open-plan kitchen, dining and living area - perfectly suited to modern living and entertaining.
The contemporary kitchen features Siemens appliances, two fridges, a wine fridge, breakfast cupboard and Quooker tap, all centred around a substantial island.
Crittall-style internal doors offer the option to separate the space, while a separate formal reception room provides a quieter area to relax.
There are four well-proportioned bedrooms, all finished with plush carpeting, along with luxurious bathrooms fitted with Villeroy & Boch sanitary ware, Porcelanosa tiling and stylish vanity units, creating a refined, hotel-quality feel.
Further benefits include wet underfloor heating throughout, a new boiler, Amtico flooring to the main living areas and bathrooms, double glazing, Cat 6 cabling and TV points in every room.
Externally, the property enjoys mature landscaped gardens offering privacy and attractive outlooks. A gated driveway provides ample off-road parking and leads to a detached double garage.
Situated in a desirable semi-rural location, the property is well placed for Godstone village and its picturesque green, as well as Oxted, Caterham, East Grinstead and Redhill for more extensive amenities.
The area is well regarded for its schooling options and offers convenient transport links, including nearby Godstone station and mainline services from Oxted and Redhill to London Bridge and Victoria, along with easy access to the M25.
Further Information: Rent: £4,000.00 cm Deposit: £4,615.38 (five weeks' rent) Holding Deposit: £923.07 (one weeks' rent) Council Tax: Band G (2026 / 2027 = £4,332.49) EPC Rating: C Please call Robert Leech to arrange your viewing.
Rent excludes the tenancy deposit and any other permitted payments. Contact us for further information.
Some images have been virtually staged using CGI for illustrative purposes and may not reflect the current furnishings or condition of the property.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Water Lane, South Godstone, Godstone
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