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New North Road, Reigate, Reigate, Surrey - Image 1
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New North Road, Reigate, Reigate, Surrey - Image 5

New North Road, Reigate, Reigate, Surrey

South East

£575,000
Listed on 30/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1011 sqft

Description

This spacious semi-detached family home features significant potential for further development and customization. Currently, at its heart lies an inviting live-in kitchen/family area, complemented by bi-fold doors that connect seamlessly to the manageable rear garden, making it an ideal setting for both relaxation and entertaining. The contemporary kitchen is equipped with essential built-in appliances including a dishwasher, oven, and hob, while the separate lounge with a charming fireplace and an additional sitting room offers ample space for family activities. The upstairs layout contains two generously sized double bedrooms alongside a fitted bathroom. Notably, there is an opportunity to extend the property, as previous planning permission was granted for an additional bedroom with en-suite facilities—a valuable aspect to consider for future enhancement. The garden is thoughtfully divided into areas catering to various family needs and benefits from off-street parking. Situated in a peaceful neighborhood known for its strong community feel, this property has access to quality schools and local amenities while remaining conveniently close to transport links such as Gatwick Airport and mainline services into London. Internal inspection is advised to explore its full potential.

Investment Analysis

(RH2 area)

Above Market Value

This property is priced +7.0% above area average per sq ft

+7.0%
This Property
£569/sq ft
Area Average
£532/sq ft
Avg Rent (weekly)
£405
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£591,359
10% above area average per sq ft
Potential ROI
-4.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (RH2)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +8.2%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on RH2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

New North Road, Reigate, Reigate, Surrey
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,074
Based on a loan of £431,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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