1-bedroom flat · RH1 3ER
Listing removedListed 137 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Streets Ahead are pleased to market this ideally positioned one bedroom property for commuters.
This property is located less than a 10-minute walk from Merstham railway station, providing convenient transport links to London and the surrounding areas.
A selection of local bus routes is also within easy reach, offering excellent connectivity.
Residents can enjoy a variety of nearby shops, cafés, restaurants and everyday amenities, while the vibrant town centres of Redhill and Reigate are just a short drive away, offering an extensive range of retail, dining and leisure facilities.
Directions Merstham is a large village in the borough of Reigate and Banstead, about 3 miles (5 km) north of Redhill and roughly 20 miles (32 km) south of London.
It sits on the northern slopes of the North Downs and combines a historic village core with more modern residential areas.
Transport Merstham is one of the better-connected villages in Surrey, with both rail and bus services linking it to nearby towns and employment centres.
The railway station, Merstham railway station, lies on the Brighton Main Line between Redhill and Coulsdon South.
Regular trains run south to Redhill and Gatwick Airport and north towards East Croydon and central London.
Redhill is only a few minutes away by train, East Croydon can typically be reached in around 10–15 minutes, and London Victoria in around 35 minutes.
The station therefore provides convenient access not only to London but also to the wider rail network through connections at Redhill and East Croydon.
Bus services complement the rail links by connecting Merstham with surrounding communities that are not directly served by the railway.
The 405 route runs between Croydon and Redhill via Coulsdon and Merstham, providing a frequent link to major shopping, employment and education destinations.
The 411 route connects Merstham with Redhill, Reigate, Godstone and Warlingham, while local services such as the 430 and 435 provide access within Merstham and to nearby areas including Redhill and East Surrey Hospital.
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 69A,, Nutfield Road, Redhill
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