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Rowan Close, Reigate

South East

£550,000
Listed on 23/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1150 sqft

Description

Nestled at the end of a quiet cul-de-sac in South Reigate, this three-bedroom semi-detached house presents a unique opportunity for renovation and investment. While currently offering a peaceful setting and ample living space, there remains potential to enhance and customize the property to suit modern family needs. The home features a spacious lounge with an eco-burner and sliding doors that open to the garden, providing a seamless indoor-outdoor flow. The kitchen has been updated but could be further improved or reconfigured for greater efficiency. Notably, the former coal shed has been transformed into a fully insulated home office, yet this space can be adapted based on your requirements. The first floor boasts two sizeable double bedrooms alongside a contemporary bathroom. The top floor offers another double bedroom with valuable eaves storage, presenting an ideal candidate for future expansion or adaptation (subject to planning permission). The generous rear garden is well-suited for landscaping or gardening enthusiasts, while off-street parking and additional garage space provide practical convenience. Despite its good condition with recent upgrades such as new windows and solar panels, this property allows for light to medium refurbishment to unlock its full potential for value enhancement.

Investment Analysis

(RH2 area)

Below Market Value

This property is priced -10.1% below area average per sq ft

-10.1%
Potential saving
This Property
£478/sq ft
Area Average
£532/sq ft
Avg Rent (weekly)
£405
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£672,664
10% above area average per sq ft
Potential ROI
+14.0%
After renovation
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

Rowan Close, 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
£1,984
Based on a loan of £412,500 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.

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