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1 bedroom flat for sale
St. Johns Terrace Road, Redhill RH1
£145,000
St. Johns Terrace Road, Redhill RH1
£145,000
Our Summary
- With potential for a monthly rent of £875pcm with some redecoration work
- The property would benefit from a redecoration and has been a reliable investment property for decades
Description
This first-floor studio flat is available for investment, currently rented out for £800 per month and with potential for a monthly rent of £875 after some redecoration work. The property is located close to Earlswood Railway Station and comes with a 1/5 share of the freehold. The flat features a spiral staircase leading to a communal entrance, a small entrance hall, a double bedroom, a three-piece bathroom, and a large lounge/kitchenette. The property would benefit from some redecoration, but has been a reliable investment for decades. The lease details are currently being compiled, and additional fees may be incurred for items such as leasehold packs.