Colesmead Road, Redhill, Surrey
South East
£400,000
Listed on 19/10/2026
Listed on 19/10/2026
The listing
Property details
Bedrooms
2Type
TerracedFeatures
- Garden
- Parking
Description
This two-bedroom terraced house in Redhill has a separate front living room with a bay window, alongside a fitted kitchen with dining space, a utility room and a ground-floor cloakroom. Upstairs are two bedrooms, a study area and a family bathroom. The accommodation also includes a separate storage area, with room sizes provided in the listing for further reference.
Outside, the property has a driveway for one vehicle and a long rear garden. The house offers scope for buyers to update and personalise the accommodation and garden. The listing advises that dimensions and service details should be checked, and that any relevant consents for alterations should be verified.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
52out of 100
Grade DWeak opportunity
Confidence: LOW
This is a light, manageable project with a useful canvas: the living room and two bedrooms have dated finishes, while the kitchen and bathroom could also be refreshed to suit a new owner. The long, established garden offers scope for selective landscaping, and the driveway, separate utility room and downstairs cloakroom add practical appeal. The indicative renovation range is £7,000–£18,000.
At 52/100, this is a weaker overall opportunity rather than a clear value-led buy. The floor area is missing, so value versus local £/sqf cannot yet be judged; the purchase and renovation midpoint is about £412,500, but without floor area or a stated resale value the potential margin is also unclear. The Redhill location and usable accommodation are positives, while visible roof moss or lichen is worth checking.
Key opportunities
- Refresh the dated decorative finishes across the living room and two bedrooms.
- Update the older kitchen and bathroom fittings to create a more contemporary feel.
- Selectively manage the established long garden to make better use of its paved areas and planting.
Key risks
- Moss or lichen is visible on parts of the roof covering; condition should be checked.
- Without floor area, value against local £/sqf and the resale economics cannot yet be assessed.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,511
Based on a loan of £300,000 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.
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