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See how verdicts work3-bedroom house · RH2 8JX
For saleReduced £100k (−8%) on 24 OctListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A substantial three bedroom detached family home which sits in an enviable position in Park Lane.
The property offers a opportunity for a decerning buyer to acquire a rarely available property which offers scope to improve, personalise and potential extend (subject to planning approval).
The accommodation is arranged over two floors with a generous ground floor which includes a 17’6 sitting room, dining room and conservatory, all overlooking the rear garden.
The kitchen is open to a breakfast room and would be ideal for combing to create an open plan area for growing families.
The first-floor benefits from three well proportioned bedrooms and a family bathroom. Outside The property sits well within the plot and enjoys West-facing gardens and wonderful sunset.
The rear gardens are mainly laid to lawn with an area of patio and are incredibly private.
To the front of the property there is an area of paved garden and a driveway which provides off road parking and access to the integral garage.
Situation Less than half a mile from Reigate Station the house is perfectly positioned to fully embrace all that the vibrant and thriving town of Reigate has to offer, from restaurants, cafes and traditional English pubs to high-end boutiques, nationally known stores and art galleries.
Priory Park has undergone regeneration over the last few years with lakes, a picnic area, café, children’s adventure playground and plenty of other facilities and activities to keep the whole family entertained.
Conveniently situated for commuter access to London, Reigate Rail Station provides direct services to London Bridge and Victoria.
There is an excellent range of schooling in the area at both primary and secondary levels, in the state and private sectors including Mickelfield, Holmesdale, The Priory, Dunottar School, St Mary’s, the Royal Alexandra and Albert School, Reigate Grammar School and Caterham School.
Property Ref Number: Ham-67506
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 28, Park Lane, Reigate
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