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Garlands Road, REDHILL - Image 1
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Garlands Road, REDHILL

South East

£225,000
Listed on 01/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terrace cottage, located in a residential area with convenient access to Redhill's shopping and recreational amenities, presents a promising opportunity for renovation and investment. Previously held as a rental property, it is now available with full vacant possession. While the home requires some modernization, it boasts potential for both owner-occupiers and investors looking to capitalize on its location. Notably, there is scope for expansion; buyers may explore the possibility of extending the existing single-storey rear extension or converting the roof space, subject to relevant planning permissions. This property is well-positioned just a short walk from Redhill Station, providing direct connections to London in under 40 minutes. With recent investments in the area enhancing local facilities, this cottage could be transformed into a comfortable family home or a lucrative rental asset.

Investment Analysis

(RH1 area)
Area Average
£456/sq ft
Avg Rent (weekly)
£339
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Garlands Road, REDHILL
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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
£824
Based on a loan of £168,750 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.

Next Steps

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