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See how verdicts work3-bedroom house · RH2 7JY
Sold STCReduced £15k (−2.1%) on 29 SepListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive three bedroom period family home in A requested location, close to the amenities of lesbourne road Albion Road is a much sought-after location, renowned for its lovely community feel, and conveniently situated for the restaurants and shops in Lesbourne Road, the town centre and Reigate’s Priory Park.
An offering of excellent local schools for all ages in both the state and private sector makes it particularly appealing for families.
Arranged over four floors, number 31 has been extended and opened up on the ground floor to create a delightful home, combining period features with the comforts and practicalities of modern family living.
The ground floor is sociably laid out, with an elegant front sitting room, leading through to the dining room.
The kitchen/breakfast room is flooded with natural light from raised Velux windows and opens onto the garden via bi-fold doors. A WC completes this floor.
On the lower ground floor is a converted cellar, with good ceiling height and natural light.
This space is currently used as a home office, however would serve equally well as a snug or occasional guest bedroom.
On the first floor, there are two double bedrooms and a neutrally decorated family bathroom with a shower over the bath.
The top floor provides a further double bedroom with a spacious built-in wardrobe and the potential (subject to the usual consents) to extend and create an ensuite.
The low maintenance rear garden comprises a patio area, rear seating area and artificial lawn.
A gate gives access to a pathway leading to the street and rear of the garden, facilitating access with bikes and bins.
Location Situated on a quiet, no-through road, Albion Road enjoys an exceptionally convenient position close to the heart of Reigate.
The town centre is within easy walking distance and offers an excellent mix of independent boutiques, restaurants, cafés and everyday amenities, as well as the open space of Priory Park.
This area is particularly well placed for access to highly regarded schools, including Reigate Grammar School, Reigate St Mary’s Preparatory School, Reigate Parish School and Reigate Priory Junior School.
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 31, Albion Road, Surrey
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