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Chart Lane, Reigate, Surrey, RH2

South East

£650,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1727 sqft

Description

This three-bedroom semi-detached property, positioned at the intersection of Chart Lane and Lesbourne Road, presents an excellent opportunity for renovation enthusiasts looking to enhance a family home in a desirable area. The house features generous living spaces ripe for modernization, and its substantial plot offers great potential for expansion or landscaping improvements. Conveniently located near the vibrant town centre of Reigate, residents will enjoy easy access to local amenities and top-rated schools. Entering the home, one is greeted by a spacious hallway that leads into a bright lounge and an adjoining dining room, both of which are filled with natural light. The kitchen, situated at the rear, is in need of reconfiguration but has ample space for creative redesign. A cloakroom completes the ground floor layout. Upstairs, the master bedroom comes equipped with built-in wardrobes and an en suite shower room, while another double bedroom also boasts built-in storage. The third bedroom adds versatility—ideal as a child's room or a dedicated workspace. A family bathroom serves this level and invites modern updates to align with current trends. Outside, the rear garden primarily features lawn space with a patio area suitable for entertaining guests, along with a shed for additional storage needs. A significant asset of this property is the driveway and garage accessed from Lesbourne Road, offering off-street parking options. Families will appreciate being within close proximity to Reigate Parish Church Primary School, recognized as 'Outstanding' by Ofsted, while Reigate station is less than a mile away, providing convenient rail links to London and beyond. This property is being sold without onward chain, making it an enticing prospect for buyers ready to invest in their dream home.

Investment Analysis

(RH2 area)

Below Market Value

This property is priced -29.2% below area average per sq ft

-29.2%
Potential saving
This Property
£376/sq ft
Area Average
£532/sq ft
Avg Rent (weekly)
£405
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£1,010,165
10% above area average per sq ft
Potential ROI
+44.3%
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

Chart Lane, Reigate, Surrey, RH2
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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
£2,344
Based on a loan of £487,500 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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