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See how verdicts work2-bedroom flat · RH2 8DH
Sold STCListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
JamesDean are pleased to bring to the market this spacious top-floor, two double-bedroom apartment, offering generous accommodation throughout and an excellent opportunity for a buyer to put their own stamp on the property.
The apartment features a bright and spacious lounge/dining room with pleasant views overlooking the well-maintained communal gardens.
There is a separate fitted kitchen, complemented by a useful additional cupboard/utility room providing extra storage and practicality.
Both bedrooms are comfortable doubles, with the principal bedroom benefiting from built-in wardrobes. A family bathroom completes the internal accommodation.
Externally, residents can enjoy attractive communal gardens, and the property further benefits from a private storage shed.
This is an ideal purchase for first-time buyers, downsizers, or investors looking for a property with excellent potential in a desirable setting.
Lease - 89yrs Service Charge - £1,126.86 pa Ground Rent - £10 pa
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
Agent & docs
FAQ
About Arundel House, Castle Close, Reigate, Surrey
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