London Road, Redhill, Surrey, RH1

An unparalleled opportunity to acquire two adjoining semi-detached Victorian houses which are sold with the benefit of full planning approval to substantially extend and transform these properties into a substantial, high-quality House in Multiple Occupation (HMO) totalling 19 bedrooms, all with an en suite, 4 of which are also self-contained with their own kitchenettes. This is a build ready development with full planning, party wall awards, building regulation and structural design all in place. The property also features 4 parking spaces at the front of the build and a private car park to the rear. Situated in one of Redhill's most sought-after areas, this investment and development opportunity promises exceptional rental returns and immediate development potential.

Key Features

Prime Location: Redhill is a highly desirable area, these properties are situated within close proximity to essential amenities, transportation links, and recreational facilities, enhancing their appeal and investment value.

Full Planning Approval: The properties benefit from full planning approval. With all necessary permissions secured this is a build ready development project.

Substantial HMO Property: Upon completion of the extension and conversion, the properties will offer a substantial HMO accommodation comprising of 19 rooms. Each room has been thoughtfully designed to maximise comfort, convenience, and modern living standards. Four of the rooms will have the bonus of their own kitchenettes while two of these will also be completely self-contained with own direct access. There will also be the addition of seven off street parking spaces as well as secure storage for up to 20 bicycles.

Building Regulation Drawings: Detailed building regulation drawings are already in place and will be included within the sale.

Party Wall Awards: Party wall awards have been obtained allowing works to commence immediately.

Investment Potential: With the growing demand for rental accommodation in Redhill, particularly among professionals, students, and commuters, this HMO property presents a lucrative investment opportunity with the potential for significant rental income and capital appreciation.

Transport Links: Redhill benefits from excellent transport links, including mainline train services to London and Gatwick Airport, as well as convenient access to East Surrey Hospital and major road networks such as the M25 and M23 motorways.

Amenities: Residents will enjoy access to a wide range of amenities, including shops, supermarkets, restaurants, parks, and leisure facilities, ensuring a convenient and fulfilling lifestyle.

Community Atmosphere: Redhill boasts a strong sense of community spirit, with a variety of local events, activities, and cultural attractions fostering a welcoming and vibrant atmosphere for residents.

Whether you're an investor seeking strong rental yields or a developer looking for a promising project, this offering represents a rare chance to make your mark in Redhill's dynamic property market.