2-bedroom flat · RH1 2JW
For saleListed 4 days
Opportunity summary
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About
A two bedroom ground floor maisonette with a private garage, residents' parking and access to communal gardens.
Situated on London Road, the property is conveniently located for Redhill town centre and Redhill railway station, making it suitable for first time buyers, investors or those looking to downsize.
Located within the Barrington Court development, this ground floor maisonette is accessed via its own private entrance, leading into an entrance hall with useful storage cupboards.
The lounge/dining room provides space for both seating and dining furniture and benefits from direct access to the communal gardens.
The separate kitchen is fitted with a range of wall and base units, work surfaces and space for appliances.
The property offers two bedrooms, comprising a principal bedroom and a second bedroom, both served by the bathroom.
Externally, the property benefits from a private garage, residents' parking and access to well maintained communal gardens.
Barrington Court is conveniently positioned on London Road, approximately 0.5 miles from Redhill town centre and approximately 0.7 miles from Redhill railway station, offering a range of shops, restaurants, cafés and direct rail services to London, Gatwick Airport and the South Coast.
Lease Information: The property currently has approximately 73 years remaining on the lease, with several potential options available to purchasers.
These include purchasing the property with the existing lease, the seller serving a Section 42 notice and assigning its benefit to the purchaser, or arranging a lease extension as part of the sale, subject to agreement with the freeholder.
An informal lease extension may also be possible through direct negotiation with the freeholder.
For marketing purposes, a lease term of 100 years has been entered as an illustrative example of a potential extended lease.
This figure is not confirmed, and the final lease length, premium and associated costs will depend on the arrangements agreed.
Prospective purchasers are advised to seek independent legal advice regarding the options available.
• Two Bedroom Ground Floor Maisonette • Private Entrance • Lounge/Dining Room • Separate Kitchen • Bathroom • Access To Communal Gardens • Private Garage • Residents' Parking • Approximately 72 Years Remaining On The Lease Which Can Be Extended • Ground Rent Approximately £160 Per Annum • Service Charge tbc • Gas Central Heating • Approximately 0.5 Miles From Redhill Town Centre • Approximately 0.7 Miles From Redhill Railway Station • EPC D
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
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FAQ
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