1-bedroom flat · RH1 4PA
For saleReduced £10k (−5%) on 20 JunListed 252 days
Opportunity summary
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About
Description The property features a cosy fitted kitchen equipped with a cooker, fridge freezer, washing machine and sink with drainer, while the generous living room benefits from an abundance of natural light, creating a bright and welcoming space.
There is a good-sized double bedroom with built-in wardrobes, along with a bathroom comprising a bath with shower over, wash basin and WC.
Additional storage is provided by two cupboards off the hallway, enhancing everyday practicality.
Residents can enjoy access to communal gardens to both the front and rear, and there is unrestricted on-street parking available nearby.
The villages of Bletchingley and Godstone offer a range of local shops, restaurants and traditional public houses, while the larger towns of Redhill and Oxted, both with mainline railway stations, are within approximately six miles.
Bus services to surrounding towns are conveniently located within a short walk, and the property offers excellent road links with the M25 approximately three miles away.
Council Tax Band: B Tenure: Leasehold (100 years) Ground Rent: £10 per year Service Charge: £400 per year * Leasehold Flat - Freeholder is Tandridge District Council * The lease commencement date 1 October 2000 with a term of 126 years so 100 in years remaining * Annual ground rent £10 * Annual service charges are around £400 per year (including ground rent and repairs) * The service charges includes: Repairs, communal lighting electric, communal cleaning, ground maintenance, external decoration/major works, management fee and the ground rent.
* Annual building insurance is around £200: Service & Insurance charges per year breakdown: 24-25 (£414.09): Service charges £240.28 Insurance: £173.81 23-24 (£390.99) Service charges: £219.89 Insurance: £171.10 22-23 (£418.77) Service charges: £279.10 Insurance: £139.77 21-22 (£384.10) Service charges: £245.04 Insurance: £139.06) Current Rent: £875pcm
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
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FAQ
About 64 High Street, Redhill
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