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Windermere Way, Reigate, Surrey, RH2

South East

£850,000
Listed on 20/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1553 sqft

Description

This four-bedroom detached house presents a promising canvas for those interested in renovation or investment opportunities, especially given its absence of onward chain. The property invites you in with a spacious entrance hallway, which is currently utilized as a study area – highlighting its potential for flexible living. The main living spaces include a bright dual-aspect living room that benefits from natural light, and a separate dining room located at the rear, making it an ideal setting for gatherings. The kitchen, conveniently positioned away from the social areas, offers significant storage and space to incorporate a breakfast table, allowing for future customization to suit personal preferences. Upstairs, the layout features four generously sized bedrooms along with a family bathroom, all of which could be updated to enhance comfort and value. Externally, the home includes a driveway for off-street parking as well as a garage. The rear garden is well-maintained and primarily laid to lawn, bordered by established greenery that adds character and privacy while also presenting an opportunity for landscaping enhancements. Situated in a desirable location with close proximity to local schools and amenities, this property not only provides ample room for personal touches but also serves as an attractive investment prospect in an evolving neighborhood.

Investment Analysis

(RH2 area)

Above Market Value

This property is priced +2.5% above area average per sq ft

+2.5%
This Property
£547/sq ft
Area Average
£534/sq ft
Avg Rent (weekly)
£393
Avg Yield
3.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£912,061
10% above area average per sq ft
Potential ROI
+4.8%
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

Windermere Way, 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
£3,114
Based on a loan of £637,500 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