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Ringwood Avenue, Redhill - Image 1
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Ringwood Avenue, Redhill

South East

£650,000
Listed on 01/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1432 sqft

Description

This inviting three-bedroom semi-detached home, constructed in the 1930s, presents a unique opportunity for renovation and investment. Spanning over 1,400 square feet, it is nestled on a desirable road and has not changed hands in over two decades. The property boasts a driveway suitable for off-street parking and includes a single garage. Upon entry through the enclosed porch, you'll find a generous entrance hall along with a downstairs cloakroom. The large front lounge features a charming fireplace and period details complemented by a bay window, while the rear formal dining room can easily transition into a family room or playroom through patio doors leading into the conservatory and garden. The kitchen, though functional with its ample cabinetry and appliances, could benefit from modernisation to enhance its usability. The first floor hosts three spacious double bedrooms; two are adorned with fireplaces adding character to the interiors. The family bathroom is well-appointed but offers potential for an updated design. The property's south-facing garden stretches approximately 100 feet and is mostly laid to lawn, offering an excellent space for outdoor activities and potential landscaping improvements. With significant possibilities for expansion—either by extending to the side or rear or potentially enhancing loft space (subject to planning permissions)—this home is perfectly positioned in Redhill amidst recent multi-million-pound developments and amenities that continue to flourish. This property represents an ideal canvas for families desiring space as well as investors seeking value-added opportunities.

Investment Analysis

(RH1 area)

Below Market Value

This property is priced -0.8% below area average per sq ft

-0.8%
Potential saving
This Property
£454/sq ft
Area Average
£458/sq ft
Avg Rent (weekly)
£357
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£720,654
10% above area average per sq ft
Potential ROI
+1.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (RH1)

Area prices are stable by +1.6% over the last 12 months
3 year growth: 12.6%
5 year growth: 13.2%
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

Ringwood Avenue, Redhill
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,344
Based on a loan of £487,500 over 30 years at 4.06% 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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