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Deerings Road, Reigate

South East

£975,000
Listed on 24/01/2026

Property Details

Bedrooms
4
Type
Semi-detached house

Description

This Victorian semi-detached house, constructed around 1898, presents a unique opportunity for renovation in a desirable area close to Reigate town centre and its amenities. Historically owned by the same family since 1934, this property showcases a wealth of original features such as period fireplaces, high ceilings, and classic architectural details like deep skirting boards and picture rails. The layout includes an interconnected lounge and dining area that can be opened up for more spacious living, alongside a separate kitchen with breakfast table space. With four bedrooms across two levels—three generously sized doubles and a versatile single ideal for an office—the home's interior holds great potential for modernisation. The outdoor space boasts a sizable garden complemented by off-road parking via a driveway and a detached garage, which adds to the property's appeal. Given its historical significance and character-rich attributes, this home is primed for thoughtful renovations that could enhance its value while maintaining its charm.

Investment Analysis

(RH2 area)
Area Average
£532/sq ft
Avg Rent (weekly)
£405
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (RH2)

Area prices are rising by +3.3% over the last 12 months
3 year growth: 8.2%
5 year growth: 6.2%
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

Deerings Road, Reigate
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,516
Based on a loan of £731,250 over 30 years at 4.06% 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.

Next Steps

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