Ladbroke Road, Redhill, Surrey, RH1 1 bed apartment for sale

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Ladbroke Road, Redhill, Surrey, RH1 1 bed apartment for sale

Ladbroke Road, Redhill, Surrey, RH1
£200,000

Price History

Initial price £205,000
18/01/25 £200,000
Price Change -2.44%

Description

This 1-bedroom apartment on Ladbroke Road, Redhill, is an attractive investment opportunity with tenants already in place, generating a rental income of £1250 per calendar month and yielding an impressive 7.3% return. The property features a welcoming hallway, bright lounge/dining area with south and west-facing windows, separate fitted kitchen, bathroom, and spacious double bedroom with fitted wardrobes. The building is surrounded by garden areas and offers allocated parking. Located in the vibrant commuter town of Redhill, the property benefits from excellent transport links to London, Reading, Guildford, and other destinations, making it an ideal location for commuters and travelers alike. The town centre offers a range of amenities, including a shopping centre, high street stores, a library, leisure centre, and a 24-hour gym.