2-bedroom house · RH2 8LB
Listing removedReduced £70k (−7.4%) on 20 JunListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A uniquely positioned detached cottage enjoying countryside views yet within easy reach of reigate town centre Glen Cottage is a charming late Victorian property, presenting a wonderful opportunity to create a delightful home set in just under half an acre of land, enjoying stunning views over the surrounding countryside.
Arranged on two levels, this detached former pump house has tremendous scope to sympathetically improve and extend (subject to the usual consents).
The ground floor is principally open plan, featuring a Mark Wilkinson kitchen and a living room area with attractive fireplace. Both the utility room and a ground floor WC have direct garden access.
On the first floor, are two generously proportioned double bedrooms, the larger of which has a freestanding copper bathtub. The second bedroom benefits from an ensuite shower room.
This floor would lend itself well to reconfiguring to create three bedrooms if required, given the dimensions of this space. There is gated parking to the front and rear of the property.
Within the grounds is a detached stable and an open carbarn. In all, the grounds extend to just under half an acre.
Value & comps
No previous sales on record.
Returns
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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 Glen Cottage, 5, Littleton Lane, Surrey
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