2-bedroom property · RH1 1DR
For saleListed 453 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom property tucked away in a great location just minutes from Redhill town centre, and offering no onward chain.
A wonderful option for anyone downsizing, this very popular development designed for residents over the age of 60, has only a handful of two bedroom properties within it, so very much worth taking a look.
The property has an entrance hall with ample storage, a spacious lounge/dining room, a separate kitchen, modern shower room and two good size bedrooms.
There are double glazed windows and modern Dimplex quantum electric heaters. Chestnut Mead has off road parking for residents and visitors, as well as communal gardens and a residents laundry room.
Redhill town centre is only a third of a mile away, and offers a wide range of shops, a multi screen cinema complex and extensive transport links.
In addition, Donyngs leisure centre is just across the road, and offers excellent facilities.
Room Dimensions: - Entrance Hall - 3.58m x 1.98m (11'9 x 6'6) - Lounge/Dining Room - 5.38m x 3.48m (17'8 x 11'5) - Kitchen - 2.97m x 2.49m (9'9 x 8'2) - Bedroom One - 3.91m x 2.62m (12'10 x 8'7) - Bedroom Two - 2.97m x 2.39m (9'9 x 7'10) - Shower Room - 1.98m x 1.65m (6'6 x 5'5) - Quantum Electric Heating - Double Glazed Windows - Communal Laundry Room - Residents Parking - Years Remaining On Lease: 170 - Ground Rent: £25 Per Annum - Service Charges: £1,982.64 Per Annum -
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 Oxford Road, Redhill
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