3 bedroom terraced house

Reeds Meadow, Redhill, Surrey, RH1 2FJ

Size: sqm

Purchase price

£440,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £17,400
Ground rent £495
Lettings fees £174
Net income £16,731
Gross yield 3.95%
Net yield 3.80%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! Modern 3 Bedroom Townhouse


EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! Immaculate 3 Bedroom Townhouse With Parking.

yieldit are pleased to present this immaculate 3 bedroom town house in the sought after Reeds Meadow, Redhill.

Upon entering, the property comprises of: a large living area; modern fully fitted kitchen/diner; access to the large landscaped garden with patio area, which is ideal for BBQ’s in the summer months. The first floor comprises of 2 double bedrooms and separate bathroom.

Originally a 2 bedroom property, the current owner has strategically converted the loft space into a 3rd bedroom with walk-in wardrobe and en-suite which also includes a walk-in shower and sky lights in both rooms and eaves storage. There is also one allocated parking space.

Located within walking distance to Redhill Train Station, the property is close to local primary and secondary schools making this a popular development ideal for both families and commuters. Mercers Lake is also within walking distance and Tesco Express is only moments away for any essentials.

Redhill is a popular area for investors offering many of the benefits of London without the hassle that a central location can present, rental demand in Redhill is consistently high. Property prices are almost certain to increase over time too with £40 million being spent on the Marketfield project and improved rail links with a £50 million train upgrade also on its way, allowing easier commutes to London and more Brighton trains to come through. Redhill is a town within the county of Surrey which has a booming economy of over £40bn, larger than Birmingham, Liverpool and Leeds. Furthermore, there are also over 60,000 business located in Surrey, including the 5G innovation centre the world’s leading independent testbed leading the way for 5G technologies.

Interested in this property? Enquire today for more information

Key features

Key features

Earn Instant Income

Key features

3 Bedrooms

Key features

Large Rear Garden

Key features

Allocated Parking

Key features

Converted Loft

Key features

Modern

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! Modern 3 Bedroom Townhouse More info...

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! Immaculate 3 Bedroom Townhouse With Parking.

yieldit are pleased to present this immaculate 3 bedroom town house in the sought after Reeds Meadow, Redhill.

Upon entering, the property comprises of: a large living area; modern fully fitted kitchen/diner; access to the large landscaped garden with patio area, which is ideal for BBQ’s in the summer months. The first floor comprises of 2 double bedrooms and separate bathroom.

Originally a 2 bedroom property, the current owner has strategically converted the loft space into a 3rd bedroom with walk-in wardrobe and en-suite which also includes a walk-in shower and sky lights in both rooms and eaves storage. There is also one allocated parking space.

Located within walking distance to Redhill Train Station, the property is close to local primary and secondary schools making this a popular development ideal for both families and commuters. Mercers Lake is also within walking distance and Tesco Express is only moments away for any essentials.

Redhill is a popular area for investors offering many of the benefits of London without the hassle that a central location can present, rental demand in Redhill is consistently high. Property prices are almost certain to increase over time too with £40 million being spent on the Marketfield project and improved rail links with a £50 million train upgrade also on its way, allowing easier commutes to London and more Brighton trains to come through. Redhill is a town within the county of Surrey which has a booming economy of over £40bn, larger than Birmingham, Liverpool and Leeds. Furthermore, there are also over 60,000 business located in Surrey, including the 5G innovation centre the world’s leading independent testbed leading the way for 5G technologies.


*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £17,400
Ground rent £495
Lettings fees £174
Net income £16,731
Gross yield 3.95%
Net yield 3.80%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.