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See how verdicts work2-bedroom flat · RH2 7PN
For saleReduced £5k (−2%) on 20 JunListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious two double apartment in Reigate is perfect for first time buyers or a growing family. Located in a small building of just 6 properties it's first floor and has no-one else living above.
The location is ideal for easy access to the local shops at Woodhatch, or Reigate town centre with it's variety of shops, restaurants, bars & coffee shops.
Earlswood Lakes are just over the road and is the perfect spot to escape for a peaceful walk and to immerse yourself in nature.
The apartment itself is such a great size, with all the rooms being well proportioned.
From the entrance hall you walk though to the kitchen which is over 14ft, not the size of kitchen you normally associate with a two bed apartment.
It has loads of storage space and large window overlooking the your garden.
The lounge/diner has room to accommodate sofas and a full size table if you wish, and has two large windows making it bright living space with plenty of natural light.
A large inner hall links the living space with the bedrooms & bathroom.
Both the bedrooms are doubles, number two has dual aspect windows, number one, which is larger, also has a built in airing cupboard.
The bathroom is fitted with a white suite and a shower over the bath, a tiled floor, heated towel rail and window. Outside at the rear there is a private brick built storage shed, and drying area.
The private garden wraps around the front and side of the building and could be landscaped in any number of ways for use throughout the year. Why not take a look?
Call Woodlands to arrange your visit Room Dimensions: Entrance Hall (1.85m x 1.09m (6'1 x 3'7)) Lounge/Diner (4.95m x 4.04m (max dimensions) (16'3 x 13'3 (max d) Kitchen (4.29m x 3.53m (max dimensions) (14'1 x 11'7 (max d) Inner Hallway Bedroom One (4.04m x 2.92m (13'3 x 9'7)) Bedroom Two (3.61m x 2.72m (11'10 x 8'11)) Bathroom (1.91m x 1.65m (6'3 x 5'5)) Gas Central Heating Double Glazed Windows Communal Gardens Years Remaining On Lease: 91 Ground Rent: £10 Per Annum Service Charges: £720 Per Annum
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 35, Tilers Way, Reigate
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