1-bedroom flat · RH1 2JN
For saleReduced £50k (−50%) on 20 JunListed 1641 days
Opportunity summary
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About
** guide price £100,000 - £110,000 ** A one bedroom assisted living retirement apartment located on the second floor Linters Court is a McCarthy & Stone's Assisted Living Development which consists of one and two bedroom apartments and offers residents the prospect of continued independence in a secure environment.
Linters Court is arranged over 3 floors each served by lift. There is a dining room, residents lounge, function room, laundry and guest room.
In addition to an Estate Manager there is a team of Assistant Estate Managers who between them provide 24 hour cover.
One hour a week of domestic help is provided for the residents in each apartment, the cost of which is included in the service charge.
It is a condition of purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 years and the other over 55 years.
Please speak to our Property Consultant if you require information regarding Event Fees that may apply to this property.
Wheelchair Accessible Accommodation Front door with letter box and spy hole leads to the: Entrance Hall Illuminated light switch.
Airing/store cupboard with hot water tank and emersion heater, storage space, shelving and electric meters. Security door entry system and emergency intercom. Ceiling light point. Emergency pull cord.
Living Room Electric slimline heater with booster control. Waist level power points. TV aerial point. Telephone socket. Ceiling light point. Emergency pull cord. Coved ceiling.
Kitchen With Window Tiled and fitted with a range of wall and floor cupboards. Stainless steel sink with single drainer with easy-grip lever mixer tap. Work tops.
Built-in electric hob with overhead extractor hood and separate fan oven, space for Freezer. Space for fridge. Ceiling light point. Fan heater and emergency pull cord.
Bedroom With Window Illuminated light switch. Built in wardrobe with door. Electric slimline heater. Waist level power points. Telephone socket. Emergency pull cord. Ceiling light point.
Coved ceiling. Bathroom Tiled and fitted with suite comprising bath; emergency pull cord; walk-in shower with wheelchair access; WC with low level flush; vanity unit: Easy-grip lever taps.
Electric wall heater. Extractor fan. Heated towel rail.
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 42, Linters Court, Redhill
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