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See how verdicts work1-bedroom flat · RH2 9NG
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Old Registry, 44 Reigate Hill provides an excellent opportunity to acquire a substantial freehold residential investment comprising six self-contained apartments, Flats 1–6, all currently occupied and being sold with tenants in situ.
Occupying an attractive and imposing building with an elegant rendered façade, tall sash-style windows, bay detailing and a columned entrance, The Old Registry has considerable kerb appeal and creates an impressive first impression.
The building is approached via a substantial frontage, complemented by established shrubs, clipped hedging and mature trees that provide attractive greenery around the property.
Internally, the individual apartments have been finished in a smart contemporary style, providing an appealing contrast to the more traditional character of the exterior.
While the precise arrangement and accommodation varies between the six individual flats, the photographs illustrate a pleasing and consistent standard of presentation.
Externally, The Old Registry enjoys an impressive approach from Reigate Hill with a broad frontage and established landscaping complementing the architecture of the building.
The precise allocation and use of parking, communal areas and other external spaces should be confirmed within the legal documentation.
The property occupies a highly convenient position on Reigate Hill, within easy reach of Reigate town centre and its excellent selection of independent shops, cafés, restaurants and everyday amenities.
Reigate mainline railway station provides convenient connections for commuters, while the area is well served by road links and surrounded by attractive Surrey countryside.
The town's popular Priory Park provides extensive open space and recreational facilities.
With all six apartments being sold together with the freehold and subject to the existing tenancies, The Old Registry presents an appealing opportunity to acquire an established residential investment in a prominent and convenient Reigate location.
INVESTMENT OPPORTUNITY The Old Registry is offered for sale as a complete freehold residential investment comprising six self-contained apartments, all currently let and being sold subject to the existing tenancies.
The portfolio currently produces a combined rental income of £111,900 per annum, equating to a gross yield of approximately 5% based upon the guide price.
Full tenancy information and supporting documentation can be made available to genuinely interested parties.
TENURE: FREEHOLD The sale comprises the freehold interest in The Old Registry together with Flats 1, 2, 3, 4, 5 and 6, all of which are currently occupied and being sold subject to the existing tenancies.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 44, Reigate Hill, Reigate, Surrey, RH2
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