Modern Method of Auction
Auction date not yet published
2-bedroom terraced house · RH2 8JR
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary *Chain Free* Offering superb scope for refurbishment, reconfiguration & enhancement, this well-proportioned two double bedroom home provides the perfect canvas for buyers seeking to add value & create a beautifully appointed residence tailored to their individual tastes & lifestyle aspirations.
Description Brimming with potential this terraced home presents an ideal prospect for buyers seeking to add value and craft a home perfectly suited to contemporary living.
Beyond the front door, the accommodation unfolds across two well-planned floors.
The ground floor centres around a bay-fronted living room, where natural light pours through the attractive front-facing window, creating a welcoming space in which to relax and unwind.
A separate dining room provides an excellent setting for family meals and entertaining alike, benefiting from useful built-in storage and offering flexibility to adapt the layout to meet changing lifestyle needs.
Positioned to the rear, the kitchen serves the home well in its current form whilst presenting outstanding potential for refurbishment, extension or open-plan reconfiguration, subject to the necessary consents.
The first-floor hosts two double bedrooms, each offering comfortable proportions and plenty of natural light.
The principal bedroom benefits from fitted wardrobes, providing practical storage without compromising floor space. Completing the accommodation is a family bathroom alongside a separate w.c.
Outside, the rear garden offers a blank canvas for those with landscaping ambitions.
Whether creating a stylish terrace for outdoor dining, introducing areas of planting and lawn, or designing a secluded retreat for relaxation.
To the front, driveway parking provides valuable off-road parking and everyday convenience. Auctioneer's Comments This property is offered through Modern Method of Auction.
Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Ground Floor Entrance Porch Hallway Living Room 15' 7" x 14' 2" ( 4.75m x 4.32m ) Dining Room 14' 7" x 7' 10" ( 4.45m x 2.39m ) Kitchen 13' 2" x 5' 3" ( 4.01m x 1.60m ) First Floor Landing Bedroom One 12' 5" x 9' 11" ( 3.78m x 3.02m ) Bedroom Two 11' 8" x 8' ( 3.56m x 2.44m ) Bathroom 10' 1" x 6' 11" ( 3.07m x 2.11m ) W.C Outside Rear Garden Driveway Parking Agents Note Please note that an Anti-Money Laundering (aml) fee is payable by the buyer once an offer has been accepted.
This fee covers the cost of carrying out the required identity verification and anti-money laundering checks.
Once these checks have been completed, the fee is non-refundable, regardless of whether the property purchase subsequently proceeds to completion. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
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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 starting price
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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 advisors 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
Agent & docs
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FAQ
About 60, Stuart Road, Reigate
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