Ladbroke Road, Redhill, Surrey

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, Iamsold.

An exciting opportunity to acquire the freehold of this substantial property, comprising six self-contained flats—five within the main building and one with its own private entrance externally. This is a rare chance to purchase the entire plot and freehold, with flexibility on how you wish to manage or develop the property going forward.

The property has been internally reconfigured into individual flats but no leases have yet been created, giving the new owner full control over future tenancies, lease structuring, or resale strategies. EPCs can be arranged following the completion of each flat if required, but are not currently in place due to the recent conversions.

Overview of Flats:

* Flat 1, 51aA one-bedroom ground floor flat with a modern open-plan layout, private patio area, fitted kitchen, and bathroom. Heated via electric storage heaters. Please note, this flat has a separate macerator system.

*Flat 2, 51aA unique split-level one-bedroom flat with a downstairs WC, separate kitchen, and bathroom off the upstairs bedroom. It shares a communal entrance with Flat 1, 51a. There is potential to include part of the rear garden for private use, subject to buyer discretion and agreements.

*Flat 3, 51aThis flat benefits from its own private entrance. It offers an open-plan lounge/diner, separate fitted kitchen, double bedroom with built-in wardrobes, and access to a rear balcony leading to the shared garden. Garden access is currently shared with Flat 2, 51a, but this can be restructured by the buyer.

*Flat 1, 51A well-proportioned ground floor one-bedroom apartment with bay windows overlooking the front, an open-plan kitchen/living/dining area, ample storage, and a modern three-piece bathroom.

*Flat 2, 51Located on the first floor, this one-bedroom flat features a bright bay-fronted living/dining room, kitchen off the lounge, and a double bedroom with a fold-down fitted bed for added space flexibility.

*Flat 3, 51A spacious top-floor two-bedroom flat, occupying the full upper level of the property. Both bedrooms are doubles, with an open-plan kitchen/lounge/dining area and a family bathroom.

Key Points:

Entire Freehold and Plot Included

No leases in place – full control for buyer

Garden currently accessible only by Flats 2 & 3, 51a – but this can be changed or reallocated

Shared driveway – not demised to any particular flat

Cash buyers only

EPCs not yet available due to recent conversions, but can be provided as each flat is finalised

 
Please refer to the footnote regarding the services and appliances.

Room sizes:

• F1, 51a Entrance Hall
• F1, 51a Living/Dining/Kitchen: 19'8 x 16'2 (6.00m x 4.93m)
• F1, 51a Bedroom: 11'6 x 10'5 (3.51m x 3.18m)
• F1, 51a Bathroom
• F1, 51 Entrance Hall
• F1, 51 Kitchen/Lounge/Diner: 15'8 x 12'3 (4.78m x 3.74m)
• F1, 51 Bedroom: 16'2 x 12'2 (4.93m x 3.71m)
• F1, 51 Bathroom
• F3, 51a Entrance Hall
• F3, 51a Kitchen: 10'2 x 5'5 (3.10m x 1.65m)
• F3, 51a Living/Dining Room: 15'7 x 11'5 (4.75m x 3.48m)
• F3, 51a Bedroom: 11'5 x 8'4 (3.48m x 2.54m)
• F3, 51a Bathroom
• F3, 51a Balcony
• F2, 51a Entrance Hall

• F2, 51a Kitchen: 9'5 x 7'8 (2.87m x 2.34m)
• F2, 51a Living/Dining Area: 23'3 x 10'4 (7.09m x 3.15m)
• F2, 51a Bedroom: 17'5 x 10'5 (5.31m x 3.18m)
• F2, 51a Bathroom
• F2, 51 Entrance Hall
• F2, 51 Lounge/Dining Area: 13'3 x 12'3 (4.04m x 3.74m)
• F2, 51 Kitchen: 8'3 x 7'8 (2.52m x 2.34m)
• F2, 51 Bedroom: 12'7 x 12'6 (3.84m x 3.81m)
• F2, 51 Bathroom
• F3, 51 Entrance Hall
• F3, 51 Kitchen/Lounge/Diner
• F3, 51 Bedroom 1
• F3, 51 Bedroom 2
• F3, 51 Bathroom

 
AUCTIONEER'S COMMENTS

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee, this being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £349 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. The seller can instruct iamsold to agree a sale without a bidding process taking place or prior to a closing date. No further bids can be accepted after a buyer has paid a Reservation Fee

REFERRAL ARRANGEMENTS

Cubitt & West and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Cubitt & West may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

TO VIEW OR MAKE A BID - Contact Cubitt & West

 
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
 
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Cubitt & West, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.