Flat 3 16 Grovehill Road, Redhill, RH1
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Flat 3 16 Grovehill Road, Redhill, RH1

By House Sales Direct

£ 145,000

Reviews

3 out of 5 stars

House Sales Direct says ..

Don’t miss out on this studio flat in a strong rental demand area of Redhill with an estimated 8% Net Rental Yield– perfect for investors, commuters, and first-time buyers.

Property Oracle says ..

This one-bedroom apartment on Grovehill Road in Redhill presents a potential opportunity for first-time buyers or investors. The property benefits from its proximity to Redhill train station, local schools, and other amenities. While the apartment appears to be in generally good condition, some minor updates could further enhance its appeal. The price per square foot is notably lower than the area average, indicating good value for money. Access to communal garden space is a plus, though the lack of private outdoor space may be a drawback for some buyers. Overall, this property offers a blend of affordability and convenience in a well-connected location.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
5
Bedrooms
1
Bathrooms
1
Sqft (est)
334.76

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
611,111.00 £
Decreased by 6.31 %
from 652,296.00 £
Est sale value
250,400.48 £
Increased by 38.26 %
from 181,105.16 £
Average area rental value
1,850.00 £/mo
Increased by 3.24 %
from 1,792.00 £/mo
Est letting value
669.52 £/mo
Increased by 100.00 %
from 334.76 £/mo
Est rental Yield
3.63 %
Increased by 10.00 %
from 3.30 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • House Sales Direct created the listing.

Nearby Schools

NameTypeOfstedDistance
Welcare In East Surrey Sure Start Children'S CentreChildren's Centre0.53 KM
St Joseph'S Catholic Primary School, RedhillVoluntary Aided SchoolGood0.78 KM
St Matthew'S Cofe Primary SchoolAcademy Sponsor Led0.80 KM
Earlswood Infant And Nursery SchoolCommunity SchoolGood0.93 KM
Steppingstones Sure Start Children'S CentreChildren's Centre1.03 KM

Images

Front of House Living Room/ Bedroom Living Room/ Bedroom Kitchen Kitchen/ Dining Room Living Room/ Bedroom Bathroom Garden Garage

Nearby Streets

NameAverage PriceAverage SqftDistance
Radnor Court £ 000.00 KM
Gallery Walk £ 000.00 KM
Ridgeway Court £ 270,00000.00 KM
Romanby Court £ 290,00000.00 KM
Sandpit Road £ 330,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Redhill5478RDH0.68 KM
Earlswood (Surrey)5414ELD1.10 KM
Reigate5480REI3.64 KM
Merstham5475MHM3.80 KM
Salfords (Surrey)5380SAF4.07 KM

Nearby Listings

AddressPriceTypeScoreDistance
Grovehill Road, Redhill £ 450,000BUYUnknown0.00 KM
Flat 3 16 Grovehill Road, Redhill, RH1 £ 145,000BUY6 / 100.00 KM
Grovehill Road, Redhill, Surrey, RH1 £ 160,000BUY6 / 100.00 KM
Grovehill Road, Redhill, Surrey, RH1 £ 200,000BUY7 / 100.01 KM
Grovehill Road, Redhill, Surrey £ 7,500BUY4 / 100.06 KM

Nearby Properties

AddressPriceDistance
61 Grovehill Road £ 187,0000.00 KM
47 Grovehill Road £ 230,0000.00 KM
41 Grovehill Road £ 94,9500.00 KM
63a Grovehill Road £ 775,0000.00 KM
45 Grovehill Road £ 545,0000.00 KM