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Observatory Walk, Redhill, Surrey

South East

£375,000

Listed on 21/07/2026

Property details

Bedrooms
3
Type
End Of Terrace

Description

This end of terrace house, offered to the market with no onward chain, presents a remarkable opportunity for those looking to undertake a comprehensive refurbishment project. The property requires a full renovation across all areas, providing a flexible space with three bedrooms, living and dining areas, a kitchen, and a bathroom—a true blank canvas for creative buyers. With a strategic redesign, there is considerable potential to modernise the layout and significantly enhance its value, subject to relevant planning approvals. Located in a desirable central area, residents will enjoy easy access to local amenities including shops, restaurants, schools, and transport links—ideal for families and commuters alike.

Investment analysis

(RH1 area)
Area Average
£454/sq ft
Avg Rent (weekly)
£364
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
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

Observatory Walk, Redhill, Surrey
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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.

Stamp duty calculator

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