Initial price	£375,000
25/06/25	£350,000
23/10/25	£325,000
Price Change	-13.33%

Burn and Warne are offering the freehold title of a development in Canalside Redhill, featuring 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 has a gross development value of £1.85 million and an estimated rental income of £108,000 per annum. Additionally, there is potential to create two more two-bedroom duplex apartments. The sale includes a CIL calculation of approximately £35,000. Interested parties should contact Neil Warne for further information.