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Colesmead Road, Redhill, Surrey

South East

£450,000

Listed on 23/05/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This charming three-bedroom semi-detached property is located on a sought-after residential street in Redhill, presenting a unique opportunity for potential buyers to customize and enhance their new home. The residence boasts spacious ground floor living with two well-lit reception areas and a kitchen that opens up to a mature rear garden, which is currently well-kept but offers ample room for landscaping or further development. A newly installed flat roof adds value by reducing future maintenance concerns. On the first floor, you will find three generously sized bedrooms, each offering possibilities for modernizing or reconfiguring the space to better suit your needs. Additionally, outside features such as a driveway suitable for two vehicles and side access complement the expansive garden, which holds excellent extension potential (subject to planning permission). The property's enviable location enhances its appeal: just moments away from green spaces ideal for leisurely walks, it also benefits from proximity to highly regarded local schools and convenient access to shops and transport links in both Merstham and Redhill. With no onward chain, this home is an exceptional choice for those looking to inject their personal style into a property with character and significant investment potential.

Investment Analysis

(RH1 area)
Area Average
£453/sq ft
Avg Rent (weekly)
£356
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (RH1)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +12.7%
5 year growth: +10.0%
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

Colesmead Road, Redhill, Surrey
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,605
Based on a loan of £337,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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