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Windmill Way, Reigate

South East

£750,000

Listed on 09/07/2026

Property details

Bedrooms
4
Type
Detached
Area
1964 sqft

Description

Constructed in the 1960s, this property on Windmill Way offers a promising investment opportunity for those looking to modernize and enhance their living space. Although the home has been well-maintained, it presents significant potential for updates and extensions (subject to planning permission). The inviting lounge features double doors leading from the hallway, providing ample room for family gatherings. Adjacent to the kitchen is a separate dining area that could easily be merged with the kitchen to create an appealing open-plan layout. The kitchen, while functional, could benefit from a contemporary refresh to optimize storage and style. The upper level accommodates four generously sized bedrooms, catering to families, guests, or those in need of a home office. Two convenient bathrooms further support modern living demands. Outside, the well-established rear garden stands out as a tranquil retreat, complete with mature greenery that provides privacy and charm—ideal for relaxation or entertaining. Additional features include an integral garage and driveway parking for two vehicles, enhancing the practicality of this detached home situated in a sought-after residential area. This dwelling combines a well-proportioned interior with an appealing outdoor space and remarkable renovation potential—perfect for buyers eager to imprint their personal style on a future family home.

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
£382/sq ft
Area Average
£537/sq ft
Avg Rent (weekly)
£393
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£1,160,783
10% above area average per sq ft
Potential ROI
+43.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (RH2)

Area prices are stable by -1.3% over the last 12 months
3 year growth: +7.7%
5 year growth: +6.1%
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

Windmill Way, 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
£2,833
Based on a loan of £562,500 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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