House · RH1 1LQ
Listing removedListed 165 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prospero is Redhill's unrivalled highly-specified 50,373 sq ft office development, located 3 miles from the M25, close to Gatwick Airport and just half an hour from Central London by train.
This BREEAM Excellent and EPC A rated building is within only a few minutes walk of the town centre, train station, Gym Group gym and Travelodge Hotel.
The available first floor south suite is accessed via a wide galleried landing and fitted out to a contemporary Cat A + specification.
The fit out includes reception area, large boardroom, private office/meeting room, kitchen and breakout/collaboration area, print/copy and storage area and comms room.
The current desk and furniture layout also allows space for an incoming occupier to adapt the suite to their operational requirements.
Redhill is an excellent strategic location on the southern M25 close to the junction with the M23.
It has an extensive catchment area for staff recruitment with the South London conurbation, Croydon, Surrey and parts of Sussex and Kent all within a reasonable commute.
The town provides a public transport hub at the intersection of the London to Brighton (north/south) and Tonbridge to Reading (east/west) rail lines.
Gatwick Airport is 8 miles to the south with a regular direct rail service in only 7 minutes.
Surrey offers an enviable quality of life, with a unique mix of towns and villages, plentiful common land and open spaces, good motorways and easy airport access, all within a half hour commute of London.
To the north of Redhill, the North Downs Way runs through an area of outstanding natural beauty and offers a wealth of outdoor activities.
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
Agent & docs

FAQ
About Part 1st Floor, Prospero, 73 London Road, Redhill, Surrey, RH1 1LQ
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