Initial price	£350,000
23/10/25	£325,000
01/11/25	£300,000
Price Change	-14.29%

Burn and Warne are offering the freehold title of a development in Canalside Redhill, comprising 19 units, including existing flats with no ground rents and 107-year leases. The property has full planning permission for 2 one-bedroom, 3 two-bedroom, and 1 three-bedroom apartments on the 4th and 5th floors, all with lift access. The development offers a good build-to-rent opportunity, with an estimated gross development value of £1.85 million and a potential annual rental income of circa £108,000, with a capitalised value of circa £35,000. The sale comes with the benefit of full planning permission, with a planning reference number of 22/02621/P and a calculated community infrastructure levy of approximately £40,000. Interested parties should contact Neil Warne for further details.