Sold STC Maisonette

29 SHELDON CLOSE

REIGATE, SURREY RH2 7HP

2 beds 1 baths 81 m² Listed 2 Jan 2025 (-577d)

£365,000

Reduced on 4 Mar 2025

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# 2 bedroom maisonette for sale (RH2 7HP)

## Property Details

| Key | Value |
|-----|-------|
| Address | 29 SHELDON CLOSE, REIGATE, SURREY RH2 7HP |
| Price | £365,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | C |
| Last sold | £357,500 Feb 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 11/04/2029
- **Current heating cost:** £391/year
- **Est. upgrade cost to C:** £1,000

### Recommendations
- B (£500 - £1,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8201-6224-5480-5022-0996)

## Description

White & Sons are delighted to put this two bedroom split level maisonette to the market which offers just over 950 sq ft of living space. The property is being offered end of chain.

Upon entering the property on the ground floor, you’ll find useful storage space, perfect for keeping the home tidy. Moving to the first floor, the large double-aspect living and dining room creates an airy and light-filled atmosphere, offering a generous space. The dining area seamlessly flows into the modern, open-plan kitchen.

The second floor houses both bedrooms, each equipped with built-in wardrobes. The main bedroom, measuring an impressive 17'3" x 12'4", is a spacious double with plenty of room for additional furniture. A modern family bathroom completes the second floor, offering contemporary fittings and functionality.

Externally, there is the added benefit of a garage in a block, providing storage space.

With its excellent layout, generous proportions, and convenient location, this maisonette is an ideal home for those seeking both comfort and practicality.

## Property Photos

- ![Picture No. 24](/listings/photos/156378296/324213) - Picture No. 24
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## Floorplans

- ![Floorplan](/listings/photos/156378296/324299) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/156378296/324309) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 29 SHELDON CLOSE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HP | £357,500 | 06/02/2026 | Flat |
| 29 SHELDON CLOSE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HP | £315,000 | 20/12/2019 | Flat |
| 29 SHELDON CLOSE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HP | £245,000 | 25/02/2015 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 33 SHELDON CLOSE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HP | £389,000 | 16/01/2026 | Flat |
| FONTEYN COURT, 18 FLAT 2 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AU | £310,000 | 09/01/2026 | Flat |
| PARK VIEW, 105 FLAT 10 BELL STREET, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7JB | £250,000 | 22/12/2025 | Flat |
| PARK VIEW, 105 FLAT 2 BELL STREET, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7JB | £230,000 | 20/02/2025 | Flat |
| 47 HARRISON CLOSE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HS | £315,000 | 17/02/2025 | Flat |
| LINDEN COURT FLAT 5 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AB | £265,000 | 27/11/2023 | Flat |
| FONTEYN COURT, 18 FLAT 1 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AU | £314,000 | 17/11/2023 | Flat |
| [Same street] 39 SHELDON CLOSE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HP | £490,000 | 04/10/2023 | Terraced |
| 14 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7LD | £170,000 | 08/09/2023 | Flat |
| FONTEYN COURT, 18 FLAT 10 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AU | £290,000 | 28/02/2023 | Flat |
| LINDEN COURT FLAT 34 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AB | £250,000 | 02/12/2022 | Flat |
| FONTEYN COURT, 18 FLAT 11 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AU | £362,000 | 02/12/2022 | Flat |
| HAMILTON HOUSE 4 BELL STREET, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AX | £160,000 | 25/10/2022 | Flat |
| LINDEN COURT FLAT 12 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AB | £557,500 | 14/10/2022 | Flat |
| LIBERTY COURT, 101 - 103 FLAT 11 BELL STREET, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7JB | £360,000 | 07/10/2022 | Flat |
| 16A SMOKE LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HJ | £345,000 | 27/07/2022 | Flat |
| 38 HARRISON CLOSE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HU | £325,000 | 05/07/2022 | Flat |
| FONTEYN COURT, 18 FLAT 4 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AU | £360,000 | 24/03/2022 | Flat |
| 36 HARRISON CLOSE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HU | £320,000 | 28/02/2022 | Flat |
| FONTEYN COURT, 18 FLAT 13 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AU | £280,000 | 10/02/2022 | Flat |
| 23B WEST ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7JU | £310,000 | 04/02/2022 | Flat |
| 34 HARRISON CLOSE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HU | £160,000 | 21/12/2021 | Flat |

**Street average:** £439,500 (2 sales)
**Area average:** £296,675 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £307,357 (35 Flat, RH2, 2024–2026)
- **Deviation:** +18.8%

## Rental Range

*ONS Price Index of Private Rents (Reigate and Banstead). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,474/mo
- **Realistic:** £1,638/mo
- **Optimistic:** £1,802/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Crawley & Reigate (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,097/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Castle Walk, RH2 | £1,500/mo | 2 | 0.5 miles | OpenRent |
| 2 Bed Flat, Felcote House, RH2 | £1,600/mo | 2 | 0.52 miles | OpenRent |

**Average rent: £1,550/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.42% (weak for cashflow)
- **Max investor price (0.8%):** £193,750
- **Target investor price (1%):** £155,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,550/mo).*

- **Gross yield:** 5.1%
- **Cost-to-rent:** 19.6×
- **Monthly cashflow:** £-67/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -0.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £4,506/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -10.4%
- **10y growth:** -11.4%

## House Price Index (HM Land Registry)

*Official index for Reigate and Banstead; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** 0.2%
- **5y growth (index):** 4.6%
- **10y growth (index):** 12.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

SHARE_OF_FREEHOLD

Floor area

81 m²

Council tax band

EPC rating

Last sold

£357,500 Feb 2026

Price per m²

£4,506/m²

Local average

£307,357 (+18.8%)

Deprivation

Decile 10 (32,193 of 33,755)

Street crime

132 incidents within 1 mile (May 2026)

Key features

Two Bedroom Maisonette
End Of Chain
Split Level (Just Over 950 Sq Ft)
Garage In Block
Open Plan Kitchen/Diner
0.75 Miles to Reigate High Street
Share of Freehold
Modern Bathroom
Communal Gardens

Additional details

Electricity: Mains supply
Broadband: FTTC (fibre to the cabinet)
Water: Mains supply
Sewerage: Mains supply
Heating: Gas central
Parking: Garage en bloc

Description

White & Sons are delighted to put this two bedroom split level maisonette to the market which offers just over 950 sq ft of living space. The property is being offered end of chain.

Upon entering the property on the ground floor, you’ll find useful storage space, perfect for keeping the home tidy. Moving to the first floor, the large double-aspect living and dining room creates an airy and light-filled atmosphere, offering a generous space. The dining area seamlessly flows into the modern, open-plan kitchen.

The second floor houses both bedrooms, each equipped with built-in wardrobes. The main bedroom, measuring an impressive 17'3" x 12'4", is a spacious double with plenty of room for additional furniture. A modern family bathroom completes the second floor, offering contemporary fittings and functionality.

Externally, there is the added benefit of a garage in a block, providing storage space.

With its excellent layout, generous proportions, and convenient location, this maisonette is an ideal home for those seeking both comfort and practicality.

Listed by

Reigate

White & Sons

Reference: 156378296

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 12/04/2019

Expiry date: 11/04/2029

Current heating cost: £391/year

Potential heating cost: £317/year

Est. upgrade cost to C: £1,000

Recommendations

Cavity wall insulation (£500 - £1,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

46% since 2015

Event	Date	Price	% change
Sold	06/02/2026 (5 months ago)	£357,500	+13.5%
Sold	20/12/2019 (6 years ago)	£315,000	+28.6%
Sold	25/02/2015 (11 years ago)	£245,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street 33 SHELDON CLOSE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HP	£389,000	16/01/2026	Flat
FONTEYN COURT, 18 FLAT 2 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AU	£310,000	09/01/2026	Flat
PARK VIEW, 105 FLAT 10 BELL STREET, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7JB	£250,000	22/12/2025	Flat
PARK VIEW, 105 FLAT 2 BELL STREET, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7JB	£230,000	20/02/2025	Flat
47 HARRISON CLOSE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HS	£315,000	17/02/2025	Flat
LINDEN COURT FLAT 5 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AB	£265,000	27/11/2023	Flat
FONTEYN COURT, 18 FLAT 1 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AU	£314,000	17/11/2023	Flat
Same street 39 SHELDON CLOSE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HP	£490,000	04/10/2023	Terraced
14 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7LD	£170,000	08/09/2023	Flat
FONTEYN COURT, 18 FLAT 10 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AU	£290,000	28/02/2023	Flat
LINDEN COURT FLAT 34 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AB	£250,000	02/12/2022	Flat
FONTEYN COURT, 18 FLAT 11 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AU	£362,000	02/12/2022	Flat
HAMILTON HOUSE 4 BELL STREET, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AX	£160,000	25/10/2022	Flat
LINDEN COURT FLAT 12 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AB	£557,500	14/10/2022	Flat
LIBERTY COURT, 101 - 103 FLAT 11 BELL STREET, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7JB	£360,000	07/10/2022	Flat
16A SMOKE LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HJ	£345,000	27/07/2022	Flat
38 HARRISON CLOSE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HU	£325,000	05/07/2022	Flat
FONTEYN COURT, 18 FLAT 4 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AU	£360,000	24/03/2022	Flat
36 HARRISON CLOSE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HU	£320,000	28/02/2022	Flat
FONTEYN COURT, 18 FLAT 13 LESBOURNE ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7AU	£280,000	10/02/2022	Flat
23B WEST ROAD, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7JU	£310,000	04/02/2022	Flat
34 HARRISON CLOSE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 7HU	£160,000	21/12/2021	Flat

Street average: £439,500 (2 sales)

Area average: £296,675 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -10.4%

10y growth -11.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Reigate and Banstead. Series: Flats and maisonettes. As of April 2026.

1y (index) 0.2%

5y (index) 4.6%

10y (index) 12.7%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: 23-33 SHELDON CLOSE LIMITED

Rental Range

Estimated market rent for Reigate and Banstead. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,474/mo

Realistic £1,638/mo

Optimistic £1,802/mo

Based on Local Authority from postcode lookup → Reigate and Banstead.

LHA (30th percentile) floor for Crawley & Reigate: £1,097/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View RH2 7HP

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Sandhills Road	0.1 miles
Shop	Brent Walsh	0.2 miles
Shop	The Nail & Body Boutique	0.2 miles
Train station	Reigate	0.7 miles
Hospital	Whitepost Health Care Group Head Office & Shrewsbury Court Independent Hospital	1.0 miles
Train station	Earlswood	1.4 miles
Hospital	East Surrey Hospital	1.9 miles
University	University for the Creative Arts, Epsom Campus	7.3 miles
University	St Piers College	10.0 miles

Street-level crime

Category	Count
Violence and sexual offences	53
Anti-social behaviour	22
Other theft	14
Public order	14
Shoplifting	11
Criminal damage and arson	8
Burglary	4
Vehicle crime	4
Drugs	1
Other crime	1
Total incidents	132

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Reigate Priory Community Junior School	Primary	0.3 miles	Outstanding — 1 Jul 2024
Reigate Parish Church Primary School	Primary	0.5 miles	Outstanding — 10 Jul 2019
Reigate Grammar School	Other	0.5 miles	— (No rating)
Reigate College	Other	0.5 miles	— (No rating)
Reigate School	Secondary	0.6 miles	Good — 30 Jan 2024

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Flat, Castle Walk, RH2	£1,500/mo	2	0.5 miles	OpenRent
2 Bed Flat, Felcote House, RH2	£1,600/mo	2	0.52 miles	OpenRent

Average rent: £1,550/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.42%

Max investor price (0.8%) £193,750

Target investor price (1%) £155,000

Gross yield 5.1%

Cost-to-rent ratio 19.6×

Monthly cashflow £-67/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -0.8%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).