1-bedroom flat · RH1 2FZ
For saleReduced £10.1k (−4.6%) on 29 SepListed 161 days
Opportunity summary
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About
If you're a fan of a good view, this first floor apartment is your perfect fit with its south facing balcony.
Located within the highly popular Watercolour development, which boasts some gorgeous green space and beautiful walks, this double bedroom home delivers on convenience and comes without the hassle of an onward chain.
The building has communal grounds and ample parking for visitors, as well as an allocated parking space for this particular apartment.
The communal areas have secure entry and individual post boxes, with the benefit of a lift to all floors.
Through the apartments front door you are greeted with an entrance hall that has two built in storage cupboards. There is a double bedroom with fitted wardrobes and a tall window to maximise the view.
There is a well appointed bathroom, and then a bright, open plan living space with double doors to the south facing balcony which has a simply stunning outlook, and kitchen space offers great storage and a full range of integrated appliances.
The property has been well maintained and is ready to move straight in, another reason this would make a wonderful first home or indeed downsize.
Within the development you have Tesco express, which is ideal for those daily essentials, in addition there is a pharmacy and medical centre, regular buses to Redhill town centre and a lagoon with its own nature reserve.
It is also within walking distance of Redhill train station.
Room Dimensions: Entrance Hall (3.28m x 1.42m (10'9 x 4'8)) Lounge/Dining Room (4.34m x 3.48m (14'3 x 11'5)) Kitchen (2.59m x 2.18m (8'6 x 7'2)) Bedroom (3.73m x 3.28m (12'3 x 10'9)) Bathroom (2.16m x 1.70m (7'1 x 5'7)) Built In Wardrobe (1.96m x 0.58m (6'5 x 1'11)) Gas Central Heating Double Glazed Windows Allocated Parking Years Remaining On Lease: 112 Ground Rent: £275 Per Annum Service Charges: £2,526 Per Annum
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
Agent & docs
FAQ
About Flat 6, 9, The Kilns, Redhill
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