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Sandcross Lane, Reigate, RH2

South East

£400,000
Listed on 28/04/2026

Property Details

Bedrooms
3
Type
House
Area
1053 sqft

Description

This three-bedroom mid-terraced family home presents a significant opportunity for those looking to undertake a complete renovation project. With no onward chain, the property is ready for swift acquisition and transformation. The ground floor features an entrance hall, sitting room, dining room, and kitchen, along with a conservatory that could become a focal point of modern living space. Upstairs, you will find three bedrooms alongside a family bathroom, all awaiting your vision to reimagine the layout and design. Outside, there's a driveway set back from the road and a private garden to the rear that can be revitalized into an appealing outdoor area. Strategically located for commuters, this home lies just 0.6 miles from Reigate Station with direct train access to London Bridge and London Victoria. Additionally, the M25 junction 8 is under two miles away for easy road travel, while Gatwick Airport is approximately 7.5 miles distant and Heathrow is about 29 miles via the M25.

Investment Analysis

(RH2 area)

Below Market Value

This property is priced -28.9% below area average per sq ft

-28.9%
Potential saving
This Property
£380/sq ft
Area Average
£534/sq ft
Avg Rent (weekly)
£421
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£618,880
10% above area average per sq ft
Potential ROI
+23.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (RH2)

Area prices are stable by -1.9% over the last 12 months
3 year growth: +5.0%
5 year growth: +1.8%
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

Sandcross Lane, Reigate, RH2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,417
Based on a loan of £300,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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