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South Albert Road, Reigate

South East

£500,000
Listed on 13/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom character home presents an excellent opportunity for renovation enthusiasts and investors alike. Nestled on a sought-after residential street, it sits conveniently within half a mile of Reigate station and even closer to the vibrant High Street. The property requires comprehensive updating, allowing new owners to tailor the space to their personal style and needs. The interior comprises generously sized rooms that benefit from abundant natural light, particularly from the south-facing rear aspect. On the ground floor, you will find two distinct reception areas alongside a well-sized kitchen, while upstairs accommodates three double bedrooms and a family bathroom. Outside, the rear garden is a bright oasis, featuring a lush lawn bordered by mature plants and shrubs. At the end of the garden lies a versatile garden room, perfect for use as an office, gym, or leisure space complemented by an additional storage area for gardening tools or bicycles. Furthermore, there is potential to convert the front hardstanding into off-road parking with necessary approvals—a valuable asset in such a central location. After being under single ownership for 45 years, this property awaits new vision to rejuvenate it and take advantage of its fantastic location and layout.

Investment Analysis

(RH2 area)
Area Average
£531/sq ft
Avg Rent (weekly)
£419
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
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
17%
Properties sold annually

Local Market Trend (RH2)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 9.0%
5 year growth: 9.9%
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

South Albert Road, Reigate
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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
£1,832
Based on a loan of £375,000 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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