Initial price	£375,000
25/06/25	£350,000
Price Change	-6.67%

Burn and Warne are offering the freehold title of a development in Canalside Redhill, which includes 19 units with no ground rents and 107-year leases. The property has already received planning consent for the construction of 2 one-bedroom, 3 two-bedroom, and 1 three-bedroom apartments on the 4th and 5th floors, all of which will have access to a lift service. The development has a gross development value of £1.85 million and is expected to generate an estimated rental income of £108,000 per annum. Additionally, the CIL (Community Infrastructure Levy) calculation is approximately £35,000. This presents a good build-to-rent opportunity, and interested parties should contact Neil Warne for further details.