1-bedroom flat · RH1 6PJ
Listing removedReduced £25 (−1.9%) on 5 SepListed 98 days · slow let
Opportunity summary
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About
Available for the middle September. Move Revolution are excited to present this 1 bedroom flat on Grovehill Road, just minutes from Redhill Train Station and Redhill Town Centre. On-Street parking.
Key Details Council Tax Band: B – Reigate and Banstead Council EPC Rating: B Example Costs Monthly Rent: £1,300 Security Deposit: £1,500 (5 weeks' rent) Holding Deposit: £300 (1 week's rent) Move-in Balance: 1st month's rent + Security Deposit – Holding Deposit Disclaimer This information is intended as a guide only and must not be relied upon as a statement of fact.
This does not form the basis of a contract of any part thereof. The descriptions, distances and other information are believed to be correct but their accuracy is not guaranteed.
Any intending tenant must therefore satisfy themselves by inspection or otherwise as to their correctness.
We reserve the right to alter the specification without notice and substitute materials, equipment or fittings for similar quality.
Overview This top floor flat offers open plan living with a modern kitchen and integrated appliances and a smaller living space.
The double bedroom offers room for furniture and there are eaves for plenty of storage in addition to the spacious cupboard by the front door. The brand new bathroom contains walk in shower.
Communal gardens, underfloor heating and general on road parking.
**Please note that photography taken from only one of the flats at this refurbishment and may not be representative of this exact property. Please ensure viewings take place before proceeding.
Location Situated on the Redhill and Reigate borders, the property is situated just a short walk to Redhill station offering excellent railway links into London, plus easy access to the M25, M23 and Gatwick airport.
The town centre has a variety of amenities including the Belfry Shopping Centre which is on your doorstep.
There is a town market every Friday plus various independent shops creating a vibrant town atmosphere week on week.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 31f Grovehill Road, Redhill
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