£750,000
5 bed semi-detached house for sale
London Road, Redhill RH1Freehold
5 beds
2 baths
2 receptions
EPC Rating: C
Key information
Tenure
Freehold
Council tax band
E
About this property
Town Centre Location
Planning Permission Granted
Town centre location
No chain
Investment Opportunity
HMO Property
Full Planning Approval
Freehold
Both properties to be sold as one
HMO 19 Rooms to Let
Summary
To be purchased as one with a combined asking price of £1,500,000. Planning was granted in 2023 under ref:22/02844/ret and 2/02844/NMAMD1 on the Reigate and Banstead planning portal.
Description
To be purchased as one with a combined asking price of £1,500,000. Planning was granted in 2023 under ref: 22/02844/ret and 2/02844/NMAMD1 on the Reigate and Banstead planning portal for these two homes which involves enlarging the light wells, extending to the rear and reconfiguring the existing lofts to form 19 rooms with en-suites, four of which are to be bedsits/self-contained rooms with Kitchenettes. The two rooms at the rear of the new extension also would have private entrances. The plans include provisions for 7 parking spaces and 20 cycle spaces. The existing buildings are a pair of semi-detached character villas over four floors that have been used as licenced HMOs since 2006. The prior owner had the homes let as seven and eight rooms generating circa £55,000 per annum each, so £110,000 in total for both. The site is build ready and we can supply existing site surveys, full architectural design, structural engineers pack, civil engineers pack, planning detail and approvals, products and guidance, fire strategy, specification and schedule, building control plan check, part wall awards, and a clean asbestos survey and pre-construction information. Redhill train station is a short walk, perfect for the commuter, direct trains run to London Terminals and Gatwick Airport. Redhill town centre offers a variety of shops, leisure complex and theatre.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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Listed by
Barnard Marcus - Redhill