1-bedroom flat · RH1 6AS
Listing removedListed 58 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one double bedroom apartment located close to the Redhill, Reigate boarders with off allocated parking, communal gardens and a private balcony.
Redhill provides a range of amenities including supermarkets, shops, cafés, restaurants, gyms, and leisure facilities within the town centre.
Redhill railway station offers direct services to London, Gatwick Airport, Brighton, and surrounding areas. The area has access to the M25 and M23 road networks, along with local bus services.
Additional amenities include primary and secondary schools, healthcare facilities, parks, and nearby green spaces.
This ground floor one double bedroom apartment is located, just 0.7 miles of Redhill train station. The property also benefits a balcony/patio off the lounge/diner.
The property comprises of an entrance hall with an entry phone system, storage and an airing cupboard, a double bedroom, bathroom with an electric shower over the bath, and the kitchen includes an oven, gas hob, fridge/freezer and washer/dryer.
The property has gas heating, allocated parking and communal gardens. The property is available from 30th September 2026.
Council Tax Band: C Asking Rent: £1250pcm Parking: Allocated Flood Risk – Rivers and Seas: Very low risk Flood Risk – Surface Water: High risk Broadband Speed – Basic (ad-sl): 15mb Broadband Speed – Superfast (fttc): 48mb Broadband Speed – Ultrafast (FTTP): 1000mb Broadband Speed – Overall (Maximum): 1000mb Mobile Coverage – EE: 3/4 Mobile Coverage – O2: 4/4 Mobile Coverage – Three: 4/4 Mobile Coverage – Vodafone: 4/4 Cladding and/or Building Safety Issues: None Local Planning Applications: 8
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 46, Waterslade, Redhill
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