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See how verdicts work2-bedroom flat · RH1 2NX
Sold STCListed 472 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented modern two double bedroom apartment located within walking distance to Redhill train station.
A wonderful open plan kitchen/living room with balcony is a real highlight to this property. The kitchen is integrated, there's space for a dining table and chairs which is ideal for entertaining.
Two double bedrooms one with an ensuite and a well-appointed bathroom. The property also benefits from two allocated parking spaces.
Further benefits are a secure bike shed within the building, Tesco express, pharmacy and veterinary practice all situated within the development.
Service Charge: £2,050.00 pa Ground Rent: £350.00pa Lease: 112yrs If you are commuting to London, Redhill mainline train station offers 30-minute direct links to both London Bridge and Victoria Stations, as well as regular trains to Gatwick Airport and the South Coast.
The town also gives easy access to the M25 and M23 motorways Redhill has a wide selection of well-known shops located in the Belfry Shopping Centre. There are also several cafes and pubs.
The latest being The Light a multiplex cinema with bowling alley and shopping mall, a few minutes away from the existing town centre Harlequin Theatre and Library.
The town's popular Memorial Park has tennis courts and a children's playground. Redhill also boasts several highly regarded schools, state and independent, for all ages. These include St.
Bede's School, Royal Albert and Alexander School, Carrington School and for higher education East Surrey College. Local Council: Reigate & Banstead EPC Rating: C Council Tax Band: D
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 The Kilns, Redhill, Surrey, RH1
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