£1,500,000
19 Bedroom Detached House
London Road, Redhill, Surrey, RH1
First listed on: 02nd February 2024
Nearest stations:
- Redhill (0.3 mi)
- Earlswood (Surrey) (1.2 mi)
- Merstham (1.4 mi)
- Reigate (1.6 mi)
- Nutfield (1.9 mi)
Interested?
Call: See phone number 01737 230821
Property Description
Key Features
Prime Location: Redhill is a highly desirable area, these properties are situated within close proximity to essential amenities, transportation links, and recreational facilities, enhancing their appeal and investment value.
Full Planning Approval: The properties benefit from full planning approval. With all necessary permissions secured this is a build ready development project.
Substantial HMO Property: Upon completion of the extension and conversion, the properties will offer a substantial HMO accommodation comprising of 19 rooms. Each room has been thoughtfully designed to maximise comfort, convenience, and modern living standards. Four of the rooms will have the bonus of their own kitchenettes while two of these will also be completely self-contained with own direct access. There will also be the addition of seven off street parking spaces as well as secure storage for up to 20 bicycles.
Building Regulation Drawings: Detailed building regulation drawings are already in place and will be included within the sale.
Party Wall Awards: Party wall awards have been obtained allowing works to commence immediately.
Investment Potential: With the growing demand for rental accommodation in Redhill, particularly among professionals, students, and commuters, this HMO property presents a lucrative investment opportunity with the potential for significant rental income and capital appreciation.
Transport Links: Redhill benefits from excellent transport links, including mainline train services to London and Gatwick Airport, as well as convenient access to East Surrey Hospital and major road networks such as the M25 and M23 motorways.
Amenities: Residents will enjoy access to a wide range of amenities, including shops, supermarkets, restaurants, parks, and leisure facilities, ensuring a convenient and fulfilling lifestyle.
Community Atmosphere: Redhill boasts a strong sense of community spirit, with a variety of local events, activities, and cultural attractions fostering a welcoming and vibrant atmosphere for residents.
Whether you're an investor seeking strong rental yields or a developer looking for a promising project, this offering represents a rare chance to make your mark in Redhill's dynamic property market.
Useful Statistics In Your Area
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Property Location
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Price History
Listed prices are those submitted to us and may not reflect the actual selling price of this property.
Date | History Details |
---|---|
03/02/2024 | Property listed at £1,500,000 |
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