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Get brand editions for Burn & Warne, Sutton

Canalside, Redhill, Surrey, RH1

Guide Price
£350,000
Burn & Warne, Sutton
PROPERTY TYPE

Land

SIZE

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Key features

  • PLANNING PERMISSION GRANTED
  • 2 X 1 BEDS 3 X 2 BEDS 1 x 3 BED
  • 4TH AND FLOOR FLOOR EXTENSION
  • PURCHASE OF FREEHOLD WITH
  • PLANNING PERMISSION

Description

BURN AND WARNE *DEVELOPMENT OPPORTUNITY *PLANNING CONSENTED FOR 2 X 1 BEDS 3 X 2 BED AND 1 X 3 BED APARTMENTS, WITH FURTHER POTENTIAL FOR 2 X 2 BED DUPLEX APARTMENTS *GOOD BUILD TO RENT OPPORTUNITY *GDV £1.85M ESTIMATED RENTAL PER ANNUM CIRCA £108'000 CIL CIRCA £35K

Burn And Warne are offering For Sale the freehold title of a development of 19 units (existing flats have no ground rents and 107 year leases) in Canalside Redhill

The sale of the Freehold title comes with benefit of full planning permission for 2 x one bedroom apartments 2 x two bedroom apartments and 1 x 3 bedroom on the 4th and 5th floor all capale of having LIFT SERVICE.
Planning reference at Reigate & Banstead is 22/02621/P and the CIL calculation is approx £40k
Pleae call Neil Warne on for further details



Canalside, Redhill, Surrey, RH1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Merstham Station0.8 miles
  • Redhill Station1.0 miles
  • Earlswood (Surrey) Station1.9 miles
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About Burn & Warne, Sutton

Bank House, 3 Sutton Court Road Sutton SM1 4SY
Industry affiliations:

Established in 1996 Burn & Warne are a leading independent Estate Agent in Sutton specialising in Residential Sales, Residential Lettings & Management, Financial Services, Land Acquisitions and New Homes Sales in the Sutton and surrounding areas.

With over fifteen years of experience, we have developed an extensive knowledge of the local property market enabling us to offer a wide ranging service that is both friendly and professional as befits our reputation.

We are committed to providing our customers with individual high quality advice based on the wealth of experience of our sales and lettings team.

With all the traditional values you would expect from a well established firm combined with the latest innovations and technology, we have increased our market share every year to become one of the areas leading independent Estate Agents in Sutton, Cheam and surrounding areas.

Residential Sales & Lettings

Burn & Warne advertises to the widest possible audience utilising cutting edge and traditional channels to market your property including the Internet, SMS and various local media.

First impressions make a difference! This is the reason we use high quality brochures which include as standard a floor plan of your property. We fully understand and appreciate that first class presentation and maximum exposure are key to providing vendors with the service that their property deserves, no matter what the price.

For a no obligation sales and lettings valuation of your property, please call Neil Warne on 020 8642 1234 or e-mail sales@burnandwarne.co.uk

Check out our latest property in Sutton here - https://www.burnandwarne.co.uk/

We don't have a crystal ball but...................

After four years of strong house price growth and high demand, 2023 was a more challenging market for sellers. Though house prices fell nationally, rental values locally continued to reach record levels.

In recent years Sutton has seen a high volume of Hong Kong buyers that have re-located here and it's not difficult to understand why Sutton is so popular...... low crime rates, good transport links and first class schools.

Looking ahead, in 2024 with interest rates finally levelling I suspect those buyers who remained cautious due to easing prices and increased borrowing costs, will start looking again to buy. With a significant proportion of other agents listings seeing at least one reduction prior to a sale, some buyers may adopt a 'wait and see' approach but early signs are that more buyers are looking to buy.

Notwithstanding, demand for properties in the catchment areas of The Avenue School, Manor Park, Westbourne Primary, Sutton Grammar, Glenthorne and St Philomena's continue to get strong interest quickly, though it is our opinion that over ambitious asking prices that are simply "not achievable" will do more harm to sellers than good.

Every property we sell, starts the same way............with a conversation.

We talk, we listen and then we go to work to achieve our clients the best price with the best buyer. This caring approach coupled with our unrivalled experience from Sutton's longest established independent agent is valued by our clients.

We know it works too and here's the proof........

In 2023 we listed 144 properties and SOLD 132 of them, a 92% success rate that no other local agent came close to matching! Our advice and "open house" marketing delivers results for sellers no matter how challenging the market.

Whatever your property aspirations in 2024 the sales and lettings teams remain committed to offering you the best advice and the best service, it's been the focal point of everything we do since we first opened our doors back in 1997.

We look forward to helping you

Neil Warne

Managing Director

Notes

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Disclaimer - Property reference BAW240487. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Burn & Warne, Sutton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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