2-bedroom house · RH1 1NX
For saleListed 168 days
Opportunity summary
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About
Superb, first floor apartment, specifically for residents over 55 years old, with excellent facilities for residents.
Situated conveniently for Redhill's bustling town centre, Holmesdale Manor is a highly popular development, which is well run and has great communal facilities.
This particular apartment is on the first floor, it has a spacious entrance hall with ample storage, a lounge/dining room with a Juliet balcony, and a separate fitted kitchen.
There are two double bedrooms, a main bathroom as well as an en-suite shower room.
Communal facilities of Holmesdale Manor include a residents lounge which always has activities going on, some wonderfully well kept gardens, ample resident and visitor parking and a warden on site.
Redhill town centre offers a great range of shops and amenities, including a Sainsburys superstore, the Belfry shopping centre, a new multi screen cinema with leisure activities.
In addition you have excellent transport links, including train services to central London.
Room Dimensions: Entrance Hall (5.33m x 2.18m (17'6 x 7'2)) Lounge/Dining Room (5.94m x 3.33m (19'6 x 10'11)) Kitchen (2.59m x 2.46m (8'6 x 8'1)) Bedroom One (5.18m x 3.02m (17'0 x 9'11)) Ensuite Shower Room (2.92m x 1.75m (9'7 x 5'9)) Bedroom Two (3.66m x 2.77m (12'0 x 9'1)) Bathroom (2.44m x 1.93m (8'0 x 6'4)) Gas Central Heating Double Glazed Windows Communal Facilities Years Remaining On Lease: 977 Ground Rent: £622.67 Per Annum Service Charges: £376.94 Per Month
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 23 Holmesdale Manor, 89, Ladbroke Road, Redhill
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