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Ref: GK - Horley Road, Redhill, RH1 5AA - Image 1
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Ref: GK - Horley Road, Redhill, RH1 5AA - Image 5
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Ref: GK - Horley Road, Redhill, RH1 5AA - Image 10
Ref: GK - Horley Road, Redhill, RH1 5AA - Image 11

Ref: GK - Horley Road, Redhill, RH1 5AA

South East

£425,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
869 sqft

Description

This semi-detached home presents a unique opportunity for both comfortable living and investment potential, ideally suited for those looking to make their mark. With three bedrooms, this property is well-equipped to cater to family life or to serve as a rental option for investors. A key feature of the home is the spacious open-plan kitchen and living area, designed to facilitate daily routines and social gatherings. The generous private garden at the rear offers an inviting outdoor space, perfect for relaxation or personal gardening projects. For practical needs, there is off-street parking available for two vehicles, along with a garage providing additional storage or workspace. One of the standout aspects of this property is its renovation potential. Previous planning permissions for an extensive loft conversion—including an additional bedroom and bathroom—were in place but have since lapsed (as of March 2021). With the right approvals from local authorities, these possibilities can be revisited and customized to enhance the property's value significantly. Located conveniently within walking distance of Salfords Train Station, this home ensures easy access to public transport links, enhancing commuting options. Redhill Train Station is also just a short drive away, further expanding connectivity. Essential local amenities are readily available nearby, including shops and healthcare facilities like East Surrey Hospital. Overall, this property serves not only as a comfortable residence but also as a promising investment opportunity in a desirable location. Whether you’re looking to move in right away or explore development possibilities, this home provides a solid foundation for your plans.

Investment Analysis

(RH1 area)

Above Market Value

This property is priced +7.3% above area average per sq ft

+7.3%
This Property
£489/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£339
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£435,890
10% above area average per sq ft
Potential ROI
-8.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (RH1)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 13.9%
5 year growth: 18.7%
Investment Disclaimer: Analysis based on RH1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Ref: GK - Horley Road, Redhill, RH1 5AA
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,557
Based on a loan of £318,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE