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Sheldon Close, Reigate, Surrey RH2 - Image 1
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Sheldon Close, Reigate, Surrey RH2

South East

£350,000
Listed on 05/04/2026

Property Details

Bedrooms
2
Type
Maisonette
Area
881 sqft

Description

This two-bedroom ground floor maisonette presents a promising investment opportunity, especially for first-time buyers or those looking to downsize. The property is available with no onward chain, allowing for a seamless transition. It includes residents' parking and a garage en bloc, along with well-kept communal gardens that enhance the overall appeal.

Upon entry, a spacious hallway leads into the home, where one of the bedrooms is situated at the front. A generous lounge/dining area opens up to a private garden, which could be transformed into an inviting outdoor space with some effort. The separate kitchen also offers potential for modernisation. The main bedroom overlooks the rear garden and features a walk-in shower room.

While the property currently requires updating to reach its full potential, it represents a valuable chance for renovation and personalisation in a desirable South East location.

Investment Analysis

(RH2 area)

Below Market Value

This property is priced -25.6% below area average per sq ft

-25.6%
Potential saving
This Property
£397/sq ft
Area Average
£534/sq ft
Avg Rent (weekly)
£421
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£517,790
10% above area average per sq ft
Potential ROI
+38.1%
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

Sheldon Close, Reigate, Surrey 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
£1,240
Based on a loan of £262,500 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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