
Sign InSign Up
South East
£2,250,000
Listed on 09/10/2026
Listed on 09/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This handsome 1930s detached residence offers a generous living space of 3,800 sq ft set in a desirable area of Reigate, but it does come with significant renovation needs. The dated interiors throughout, including the kitchen and bathrooms, provide a blank canvas for a new owner to modernize and reconfigure the layout to create a stunning long-term family home. The expansive grounds, situated on a 0.7-acre plot, add to the potential for creating wonderful outdoor spaces, with mature gardens and ample room for enhancement.
However, the asking price of £2,250,000 translates to £592 per square foot, which is above the local average of £537 per square foot, indicating limited value in the current market. Coupled with a renovation budget of £100,000 to £200,000, the total costs are stretched against local benchmarks, leading to a riskier investment. Buyers should be aware that the overall economics of this property, given its current condition and required works, might not yield a satisfactory margin versus local averages.
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Create an alert and we'll notify you when similar renovation opportunities are listed.
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
Services
Explore services to help you with this property purchase.
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Other listings you may want to compare.