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See how verdicts work2-bedroom flat · RH1 2NP
For saleReduced £10k (−3.4%) on 10 SepListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Set within the sought-after Watercolour development, this spacious second-floor apartment offers modern open-plan living, a private balcony & two double bedrooms, including a primary bedroom with en-suite, all surrounded by attractive lagoons, landscaped grounds & excellent direct amenities.
Description Set within the sought-after Watercolour development, this attractive second-floor apartment offers the perfect balance of contemporary living, natural surroundings and everyday convenience.
Designed around a series of picturesque lagoons and landscaped communal grounds, Watercolour has established a unique lifestyle where green open spaces, waterside walks and local amenities are all on the doorstep.
The apartment itself is beautifully proportioned, with a bright dual-aspect open-plan living and dining space forming the heart of the home.
The modern kitchen flows seamlessly into the reception area, creating an inviting environment equally suited to relaxed evenings, entertaining friends or working from home.
Doors open onto a private balcony, providing a pleasant outlook across the development and the perfect spot to enjoy a morning coffee or unwind at the end of the day.
There are two generous double bedrooms, including a principal suite with its own en-suite shower room, while a stylish family bathroom serves the remainder of the accommodation.
Practical benefits include an allocated parking space and ample visitor parking, whilst the development itself offers an enviable level of convenience with a Tesco Express, medical centre, pharmacy and veterinary practice all within easy reach.
Positioned approximately midway between Redhill and Merstham train stations, both of which are within walking distance, the property offers excellent connectivity for commuters.
Entrance Hallway Kitchen/Dining/Living Room 16' 5" x 12' 5" ( 5.00m x 3.78m ) With sliding doors opening to a: Private Balcony Bedroom One 11' 3" x 9' 8" ( 3.43m x 2.95m ) En-Suite Shower Room 7' 4" x 5' 7" ( 2.24m x 1.70m ) Bedroom Two 10' 8" x 9' 10" ( 3.25m x 3.00m ) Bathroom 7' 1" x 6' 1" ( 2.16m x 1.85m ) Outside One Allocated Parking Space Visitor Parking Spaces Communal Gardens & Grounds We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 23, Thornton Side, Redhill
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