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Oakhill Road, Reigate

South East

£650,000

Listed on 02/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
809 sqft

Description

Nestled on a serene stretch of Oakhill Road, this property stands as a testament to classic craftsmanship and rich history, beckoning for a new owner to breathe fresh life into its walls. With intricate woodwork and original features still intact, this house presents an exceptional opportunity for renovation that respects its character while inviting modern comforts. The expansive reception room, featuring a central open fireplace, offers potential for transformation into an elegant living space perfect for both cozy evenings and entertaining guests. Thoughtful updates could enhance the existing built-in cabinetry's charm while improving functionality. The kitchen diner holds much promise; it retains delightful architectural elements yet is in need of modernization to suit contemporary living. Its current layout hints at the potential to create a warm and inviting kitchen-dining area that merges period elegance with practicality. The west-facing garden, though narrow, is blessed with sunlight throughout the day and could be reimagined into a peaceful outdoor retreat with some landscaping efforts. Meanwhile, upstairs boasts two generous double bedrooms ready for rejuvenation—particularly the main bedroom's bathroom encased in woodwork, which could evolve into a luxurious spa-like oasis. Additionally, recent planning permissions for significant extensions offer an exciting avenue to expand living spaces further without delays typically associated with obtaining consent. Located in Reigate—a community cherished for its blend of historic charm and local amenities—this home is well-positioned near esteemed schools and recreational areas like Priory Park. Excellent transport links ensure convenience whether commuting or enjoying outings in London or beyond. This property represents not just a house but an investment in future lifestyle potential within one of the South East's most desirable locales.

Investment Analysis

(RH2 area)

Above Market Value

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

+50.0%
This Property
£803/sq ft
Area Average
£536/sq ft
Avg Rent (weekly)
£402
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£476,719
10% above area average per sq ft
Potential ROI
-35.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (RH2)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +12.0%
5 year growth: +7.9%
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

Oakhill Road, Reigate
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,456
Based on a loan of £487,500 over 30 years at 4.45% 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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