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Chart Lane, Reigate, Surrey, RH2

South East

£700,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1727 sqft

Description

This three-bedroom semi-detached home, located at the intersection of Chart Lane and Lesbourne Road, presents an excellent opportunity for renovation and investment. The property requires modern updates throughout, making it ideal for those looking to personalize a space and significantly increase its value in a desirable area. The ground floor is designed with spaciousness in mind, starting with a large entrance hall that sets the tone for the rest of the home. The inviting lounge and separate dining room are both filled with natural light, providing a comfortable setting for family gatherings or entertaining guests. At the rear, the kitchen offers ample potential for reconfiguration and modern design, while a convenient cloakroom completes this level's functionality. Upstairs, the master bedroom features built-in wardrobes alongside an en suite shower room, while the second double bedroom also benefits from built-in storage. The third double bedroom is flexible enough to serve as a guest room or home office. A family bathroom on this floor allows for personal customization to reflect contemporary styles and preferences. Outside, the private rear garden is primarily laid to lawn with a patio area perfect for outdoor dining or relaxation. Additional features include a driveway and garage with access from Lesbourne Road, providing off-street parking along with extra storage options. The location further enhances this property’s appeal; Reigate Parish Church Primary School, known for its 'Outstanding' Ofsted rating, is just 400 meters away. Additionally, Reigate station is conveniently situated under one mile from the home, offering easy commuting access to London and other key destinations. This property is offered with no onward chain, presenting a seamless opportunity for those looking to invest in an area that promises both growth and community charm.

Investment Analysis

(RH2 area)

Below Market Value

This property is priced -24.1% below area average per sq ft

-24.1%
Potential saving
This Property
£405/sq ft
Area Average
£534/sq ft
Avg Rent (weekly)
£393
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£1,014,250
10% above area average per sq ft
Potential ROI
+35.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (RH2)

Area prices are rising by +4.3% over the last 12 months
3 year growth: 3.2%
5 year growth: 10.1%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,564
Based on a loan of £525,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE