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Felland Way, Reigate, Surrey, RH2

South East

£450,000
Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1045 sqft

Description

Nestled at the end of a peaceful cul-de-sac, this semi-detached home is conveniently located near Reigate School and local amenities, as well as being in proximity to Earlswood Lakes. The property presents an opportunity for buyers looking to customize a space to their tastes, requiring full modernization throughout. Featuring parking on the driveway and a spacious rear garden with pleasant views over neighbouring allotments, the layout includes a kitchen breakfast room and a small W/C at the front. The generously sized lounge diner boasts sliding doors that lead into a conservatory overlooking the garden. Previously configured as three bedrooms, the first floor has been modified to two larger rooms, including one with fitted wardrobes and a dressing room; however, this could easily be reverted back to its original three-bedroom design. A family bathroom is also situated on this level, providing further potential for enhancement.

Investment Analysis

(RH2 area)

Below Market Value

This property is priced -19.4% below area average per sq ft

-19.4%
Potential saving
This Property
£431/sq ft
Area Average
£534/sq ft
Avg Rent (weekly)
£417
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£614,293
10% above area average per sq ft
Potential ROI
+22.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (RH2)

Area prices are stable by -1.9% over the last 12 months
3 year growth: +5.1%
5 year growth: +3.6%
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

Felland Way, Reigate, Surrey, RH2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,605
Based on a loan of £337,500 over 30 years at 3.97% 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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