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See how verdicts work2-bedroom flat · RH2 9NJ
For saleListed 311 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location Superbly appointed in the much sought after area of Reigate Hill ideally located close to Reigate Railway Station and within walking distance of Reigate Town Centre.
The town centre is famous for its many coffee shops, fine restaurants and traditional character pubs.
There are also exceptional leisure facilities including golf, rugby, tennis, football and fitness clubs in addition to a cinema.
There are a wide range of highly regarded schools and colleges close by For the commuter to London, both Redhill and Reigate train station offers direct routes to London Victoria and London Bridge and Gatwick Airport (approximately 15 minutes).
There are also excellent road links to the surrounding areas and to the national motorway network. Junction 8 of the M25 is easily accessible and less than a five-minute drive from the property.
Description Priory Park Properties are delighted to offer this modern two bedroom ground floor apartment constructed by Devine Homes in 2012.
The property is tastefully decorated and has been well maintained.
Accommodation comprising: - Entrance hall with entry phone system Fully fitted quality kitchen with doors leading to open plan living room.
The kitchen has integrated appliances including dishwasher, fridge freezer, electric oven, induction hob and microwave. There are a range of base and eye level units.
Both bedrooms have built in wardrobes with two mirror fronted sliding doors.
Tiled bathroom room with bath and separate shower cubicle, wash hand basin, wc, and heated towel rail, tiled flooring and extractor fan. There are two storage cupboards located in the hallway.
The property has gas central heating and is carpeted throughout. There is double glazing throughout Ther is a gated secure entrance with allocated parking space for one car.
There is also visitors parking close by. Bike shed for residents use is also provided.
EPC Rating – C Council Tax Band – D Service Charge - £1082.17 payable six monthly Length of lease – 999 years from March 2019 Any mention of appliances or services in these particulars does not imply that they have been tested or are in good condition.
These particulars are believed to be correct, but their accuracy is not guaranteed, and they do not form part of any contract.
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
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FAQ
About 10, Reigate Hill, Reigate
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