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Prince Albert Square, Redhill, Surrey, RH1

South East

£375,000

Listed on 24/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1039 sqft

Description

This three-bedroom terraced house on Prince Albert Square presents a solid investment opportunity with ample potential for modernization. The property features generous living spaces, including a notably large open-plan reception and dining area measuring approximately 21'6" x 17'. This versatile area can easily accommodate various configurations, making it suitable for both everyday living and entertaining. The kitchen, while functional with decent storage, has clear prospects for an update to reflect contemporary tastes. Upstairs hosts three well-sized bedrooms, providing a comfortable retreat for family members or guests. A family bathroom rounds out the first-floor accommodation. A substantial rear garden, extending around 86ft, offers considerable outdoor space for leisure or gardening pursuits. A distinct advantage of this property is the detached garage in need of replacement due to its current dilapidated state and asbestos concerns. This presents a unique chance for redevelopment of the garage area as part of any renovation plans. Additionally, there is a precedent in the neighborhood for loft conversions and extensions, supporting further expansion possibilities to enhance both living space and property value. Overall, this home offers a balanced combination of solid fundamentals and clear opportunities for improvement, making it an excellent candidate for those looking to invest in their future.

Investment Analysis

(RH1 area)

Below Market Value

This property is priced -20.6% below area average per sq ft

-20.6%
Potential saving
This Property
£361/sq ft
Area Average
£455/sq ft
Avg Rent (weekly)
£351
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£519,448
10% above area average per sq ft
Potential ROI
+22.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (RH1)

Area prices are rising by +2.4% over the last 12 months
3 year growth: +10.5%
5 year growth: +9.8%
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

Prince Albert Square, Redhill, Surrey, RH1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,417
Based on a loan of £281,250 over 30 years at 4.45% 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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