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Gatton Road, Reigate, Surrey, RH2 - Image 1
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Gatton Road, Reigate, Surrey, RH2

South East

£999,950
Listed on 07/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1713 sqft

Description

This four-bedroom detached bungalow is located on a sought-after private road, just north of the vibrant Reigate town center. Fornebia has been cherished by its owners for fifty years and now presents a unique opportunity for renovation and enhancement, allowing prospective buyers to tailor the space to their vision. The property is set on a generous plot with well-maintained wraparound gardens that provide a peaceful environment. The driveway offers ample parking and leads to a double garage, while the garden features mature landscaping and a serene outlook to the rear. This setting not only ensures privacy but also enhances the overall appeal of the home. Spanning approximately 1,713 square feet (including garage), the single-level layout includes a spacious kitchen/dining area, a dual-aspect sitting room complete with a charming stone fireplace, four bedrooms, and essential family amenities such as a bathroom and an ensuite adjoining the principal bedroom. The utility room provides convenient access to the garden, ideal for those looking to integrate indoor and outdoor living. Given its desirable location near Wray Common's open spaces and proximity to local amenities, this property holds significant investment potential. With thoughtful updates and modern touches, Fornebia could be transformed into a bespoke residence that aligns with contemporary living standards while retaining its original charm.

Investment Analysis

(RH2 area)

Above Market Value

This property is priced +9.3% above area average per sq ft

+9.3%
This Property
£584/sq ft
Area Average
£534/sq ft
Avg Rent (weekly)
£393
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,006,028
10% above area average per sq ft
Potential ROI
-8.5%
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

Gatton Road, 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
£3,663
Based on a loan of £749,962 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