3-bedroom flat · KT22 7GQ
Listing removedListed 190 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This exquisite, three bedroom, two bathroom penthouse apartment forms part of a high-class retirement development created by Beechcroft Developments in 2018, specifically for the actively retired over 55's.
Its spacious accommodation extends to over 2,000 sq.ft and is complemented by not just a private balcony with a serene outlook, but also a vast and private roof top terrace.
The accommodation comprises a large entrance hall with plentiful built in cupboards and guest cloakroom, open plan kitchen/dining room, a large living room together with three double bedrooms.
The principal bedroom has a range of fitted wardrobes and a full ensuite whilst a second bathroom serves the remaining two bedrooms.
The apartment further benefits from a private balcony and a dedicated private staircase providing access onto a huge roof terrace which has fantastic views and is ideal for al fresco entertaining.
Within Reeves House there is a residents' lounge with kitchen, guest suite (bookable for a small nightly fee) as well as a week day on site manager available to assist.
Externally there are two allocated parking spaces as well as visitor parking bays.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 20 Reeves House, Hartfield Road, Leatherhead
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