2-bedroom flat · RH1 2PE
For saleReduced £15k (−5.2%) on 20 JunListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this well presented second-floor apartment is set within the ever-popular Watercolour development, a well-regarded setting known for its attractive surroundings and excellent local amenities.
Ideally positioned just a minute's walk from The Moors nature reserve, the property is perfectly suited to those who appreciate open green spaces and a peaceful lifestyle.
The accommodation is thoughtfully arranged, beginning with an entrance hall that provides ample storage.
This leads through to a spacious open-plan living area, including a contemporary kitchen fitted with modern units and integrated appliances.
French doors open onto a private balcony, offering an ideal spot to relax.
The master bedroom benefits from a dual-aspect layout, allowing for plenty of natural light, and is complemented by an en suite shower room.
A second double bedroom provides flexibility for guests, family or home working, while a modern family bathroom with shower over the bath completes the internal accommodation.
There is also the bonus of allocated parking for one vehicle.
Watercolour boasts everyday essentials, including a Tesco Express, gp surgery, dental practice and children's nursery, all within easy walking distance.
The nearby wetlands, cared, offer picturesque walking routes and a haven for wildlife, further enhancing the appeal of the location.
Both Merstham and Redhill railway stations are within comfortable walking distance, providing direct services to London Bridge in approximately 30 minutes.
Redhill town centre and Merstham High Street are also easily accessible, offering a variety of shops, cafés and restaurants to suit a range of tastes.
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 11, Buckland House, 18 The Moors, Redhill
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