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Honeycrock Lane, Redhill

South East

£700,000

Listed on 03/07/2026

Property details

Bedrooms
5
Type
Semi Detached
Area
2302 sqft

Description

This substantial five-bedroom semi-detached residence is situated on a generously sized plot that includes a three-car garage and an expansive driveway, presenting significant renovation and development potential. Having remained within the same family for over forty years, this property reflects a truly unique opportunity for buyers looking to create their ideal home. The spacious grounds not only provide ample outdoor space but also offer the possibility to extend or diversify the existing living areas, pending appropriate planning approvals. Internally, the home features flexible living spaces that can be tailored to suit various family needs, making it ideal for both everyday functionality and entertaining. Its convenient location near a train station and local amenities further enhances its appeal, striking a balance between accessibility and a peaceful residential atmosphere. This property stands out as an exceptional find for those interested in investing in a home with abundant space and future possibilities.

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Investment analysis

(RH1 area)

Below Market Value

This property is priced -33.0% below area average per sq ft

-33.0%
Potential saving
This Property
£304/sq ft
Area Average
£454/sq ft
Avg Rent (weekly)
£364
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,149,239
10% above area average per sq ft
Potential ROI
+47.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (RH1)

Area prices are rising by +2.2% over the last 12 months
3 year growth: +7.6%
5 year growth: +8.8%
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

Honeycrock Lane, Redhill
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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
£2,645
Based on a loan of £525,000 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.

Stamp duty calculator

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