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Park Lane East, Reigate, Surrey, RH2 - Image 1
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Park Lane East, Reigate, Surrey, RH2

South East

£450,000
Listed on 29/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
904 sqft

Description

This property presents a solid opportunity for renovation, featuring a traditional layout that includes a spacious living room, kitchen, three generously sized bedrooms, and a family bathroom. While the interior is in need of refurbishment, the robust structure and ample room dimensions provide a promising foundation for modern updates and enhancements. The sizeable rear garden holds excellent potential for landscaping or even extending the living space (subject to planning permissions). Additionally, the front garden and off-street parking add to its overall appeal. This home is being sold with no onward chain, making it an advantageous prospect for investors or buyers looking to create their ideal space.

Investment Analysis

(RH2 area)

Below Market Value

This property is priced -6.8% below area average per sq ft

-6.8%
Potential saving
This Property
£498/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
£530,910
10% above area average per sq ft
Potential ROI
+6.2%
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

Park Lane East, 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
£1,648
Based on a loan of £337,500 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