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See how verdicts work1-bedroom house · RH1 2JN
For saleReduced £5k (−8.3%) on 24 OctListed 417 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** first floor retirement apartment *** great facilities *** popular development, close to redhill town *** This larger than average apartment offers great space, and benefits from having no ongoing chain and being situated close to the lift facilities.
The property has an entrance hall with built in storage and a telephone entry system. There is a spacious wet room, with shower area and a bath.
There is a large double bedroom with built in wardrobes, and an impressive living space that has a big walk in storage cupboard, and double doors through to separate fitted kitchen.
Benefits of Linters Court include a 24 hour manager on site, full security (pull cord) systems in all rooms, CCTV to the main entrance, all windows double glazed, wheelchair friendly doorways, lowered light switches & raised plug sockets for ease of use.
Waitress service restaurant serving hot 3 course meals (subsidised).
Also there is a residents lounge that opens directly onto a stunning landscaped communal garden, a guest suite for visiting friends and family, a laundry room, mobility scooter charging room & car park in addition to two lift serving all floors.
The service charge covers staffing costs, heating, cleaning and maintenance of the communal areas, subsidised restaurant, one hour of domestic assistance per week, washing and ironing once a week, garden upkeep, water, water rates and building insurance.
The ground rent is payable twice yearly, the lease is the remainder of 125 years from 2006.
Please note 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 60 years and the other over 55 years.
Room Dimensions: Entrance Hall (2.72m x 1.60m (8'11 x 5'3)) Lounge/Dining Room (5.79m x 4.32m (19'0 x 14'2)) Kitchen (3.30m x 2.01m (10'10 x 6'7)) Double Bedroom (5.26m x 2.92m (17'3 x 9'7)) Wet Room (2.87m x 2.74m (9'5 x 9'0)) Electric Heating Double Glazed Windows Communal Gardens Communal Parking Years Remaining On Lease: 105 Ground Rent: £405 Per Annum Service Charges: £9,131 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
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FAQ
About 27 Linters Court, London Road, Redhill
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