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Holmesdale Road, Reigate

South East

£700,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
874 sqft

Description

This semi-detached Victorian residence offers a blend of historical charm and thoughtful modern enhancements. Originally serving as B.L. Hester’s Sweet Shop in the mid-20th century, this property presents an opportunity for those looking to invest or further develop a family home. The south-facing front façade provides ample natural light to the spacious open-plan living areas, while the rear rooms offer a serene outlook that enhances privacy. The main living area features elegant herringbone flooring complemented by a striking fireplace, which not only adds character but also serves as a central design feature. Stylish decorative panelling throughout showcases the home’s Victorian roots and impressive proportions. Additional storage solutions include well-designed understairs drawers and cupboards, as well as built-in floor-to-ceiling units that cleverly maximize space. The kitchen is contemporary and functional, providing direct access to a low-maintenance courtyard, styled with durable light porcelain tiles for ease of upkeep. A green wall introduces year-round greenery, softening the aesthetic and enhancing views from the interior. Notable features include a remote-controlled electric shutter that conveniently transforms the courtyard into secure parking for larger vehicles. Upstairs, three generously sized bedrooms are bathed in light; both principal and secondary bedrooms come equipped with fitted wardrobes. The spacious family bathroom boasts separate bath and shower facilities, while warm natural wool carpets add an inviting touch across the upper level. Although many updates have been made, there remains great potential for expansion—opportunities to extend into the loft space or utilize previously granted permissions for minor side extensions exist (pending planning approval). This flexibility makes it an attractive choice for buyers looking to personalize their investment. Located on Holmesdale Road, residents enjoy access to local schools, convenient train links, and a bustling community atmosphere filled with families and long-standing neighbors alike. Reigate itself boasts a rich assortment of cafes, shops, and pubs alongside lovely parks and scenic countryside perfect for weekend excursions. With Reigate station just down the road providing quick connections to London and Gatwick, this location is both practical and appealing.

Investment Analysis

(RH2 area)

Above Market Value

This property is priced +50.0% above area average per sq ft

+50.0%
This Property
£801/sq ft
Area Average
£534/sq ft
Avg Rent (weekly)
£393
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£513,291
10% above area average per sq ft
Potential ROI
-30.2%
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

Holmesdale 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
£2,564
Based on a loan of £525,000 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE