2-bedroom terraced house · KT24 5NY
Sold STCReduced £25k (−5.6%) on 23 JulListed 302 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern, two bedroom, end of terrace house is ideally located in the village of Effingham, an ideal first time buy or downsize property within easy reach of popular local schools.
The property also offers off road parking, a rear garden and is located in a no through road.
The property has a handy store to the front of the property and porch which leads into the welcoming entrance hall with a downstairs cloakroom.
The kitchen/diner is located at the front of the property and is fitted with ample wall and base units with a built-in oven and hob and there is space for a table and chairs.
The lounge is to the rear and benefits from a built-in storage cupboard and double sliding doors to the conservatory.
On the first floor there are two double bedrooms, the main bedroom has built-in wardrobe cupboards and the family bathroom is partly tiled with a white suite.
Outside, to the front there is off road parking for 2 cars and side access to the rear garden. The garden is enclosed by fencing and offers a small patio area, a garden room and a lawned area.
Please note this house is leasehold, with 102 years remaining on the lease with no extra charges applicable.
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 21, Norwood Close, Leatherhead
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