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See how verdicts work4-bedroom bungalow · RH1 3DT
Listing removedListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on a generous corner plot and presented in excellent condition throughout, this detached bungalow is a rare find, made even more appealing by the addition of a fully self-contained one-bedroom annexe.
Originally built in the 1950s and thoughtfully extended, the house offers far more space than first meets the eye.
A wide entrance hall sets the tone, leading through to an inner hallway currently used as a home office, alongside a main bathroom, large utility room and side access.
At the front, the principal bedroom is a standout, with a deep bay window, fitted wardrobes and a smart en-suite.
Opposite sits another generous dual aspect room, currently arranged as a reception space but equally suited as a third double bedroom. To the rear, the layout really comes into its own.
A well-appointed kitchen opens into a bright dining and family space with French doors out to the garden, while also connecting to a further double bedroom with en-suite and a spacious living room, creating a natural, easy flow throughout.
Outside, there’s driveway parking for several vehicles, a garage, and well-kept gardens wrapping around the property.
The west-facing rear garden is private and established, with a large patio area ideal for entertaining.
The detached annexe is a genuine asset, offering a double bedroom, shower room and open plan kitchen/living space, along with its own parking, making it perfect for extended family, guests or potential income.
Location-wise, you’re within easy reach of local shops, a popular pizzeria and café, while Merstham station offers direct links into central London.
There are also bus routes to Redhill and Croydon, and straightforward access to the M25.
The property further benefits from having 20 solar panels installed, providing sustainability, as well as a quarterly income.
We have resided in the bungalow for the past 12 years and love the location, due to the accessibility of buses, trains and local shops, yet no more than mile and half from Redhill where there is a large supermarket and many shops.
This bungalow is very spacious and we have seated 20+ people in the dining room and therefore great for entertaining.
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
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FAQ
About 22, London Road South, Redhill
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