A recently converted residential investment opportunity in Reigate, RH2, is being sold at auction on May 21st and 22nd, 2025, unless sold prior. The property, developed in 2024, consists of 14 apartments, with 6 already sold on long leases, and a ground floor retail space also sold on a long lease. The remaining 8 apartments, with a total NIA of 4,547 sq ft, include a mix of studios, 1, and 2-bedroom flats. With average values of flats already sold exceeding £500 per sq ft, the estimated rental value of the residential apartments is £147,600 per annum. The property is being sold with vacant possession and 5 car parking spaces, with a guide price of over £1,450,000, reflecting a low capital value of £318 per sq ft and an estimated gross yield of 10.1% against the estimated rental value.