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Blackthorn Close, Reigate, Surrey, RH2 - Image 1
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Blackthorn Close, Reigate, Surrey, RH2

South East

£415,000
Listed on 20/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1075 sqft

Description

This three-bedroom terraced home presents a unique opportunity for buyers interested in renovation and investment potential. The property’s traditional layout features spacious rooms that provide a solid foundation for modern updates. On the ground floor, you will find two sizable reception areas that can be reconfigured to create an open-plan living space, complemented by a separate fitted kitchen. The bright conservatory adds versatility and connects seamlessly to the outdoor area, offering views of the good-sized rear garden. This outdoor space not only allows for relaxation but also holds promise for landscaping or reimagining as an entertaining area. Upstairs, there are three well-proportioned double bedrooms along with a family bathroom, each presenting opportunities for personalization and improvement. The additional garden store enhances practicality by offering storage solutions for tools and outdoor equipment, making it easier to maintain the property or pursue garden projects. Located in an area with strong investment potential, this home could be transformed into a desirable residence or rental property with thoughtful upgrades.

Investment Analysis

(RH2 area)

Below Market Value

This property is priced -27.7% below area average per sq ft

-27.7%
Potential saving
This Property
£386/sq ft
Area Average
£534/sq ft
Avg Rent (weekly)
£393
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£631,337
10% above area average per sq ft
Potential ROI
+35.8%
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

Blackthorn Close, 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
£1,520
Based on a loan of £311,250 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