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2 bed flat for sale

£182,000 Guide price

Reed Drive, Royal Earlswood Park, Redhill, Surrey RH1

2 2 1
Interested in this property? Call +44 1903 906571 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Over 60s only under Homewise's lifetime lease plan
  • Discounts range from 8.5% to 59%
  • The actual price you will pay depends on your age, personal circumstances and property criteria
  • Call for a personalised quote
  • Two double bedroom second floor apartment
  • Allocated parking for two cars
  • Additional loft storage
  • Gym and swimming pool
  • Prestigious development
  • EPC energy rating C (77)

Property description

Purchasing this property with A lifetime lease


This property is offered at a reduced price for people aged over 60 through Homewise´s Home for Life Plan. Through the Home for Life Plan, anyone aged over sixty can purchase a lifetime lease on this property which discounts the price from its full market value. The size of the discount you are entitled to depends on your age, personal circumstances and property criteria and could be anywhere between 8.5% and 59% from the property´s full market value. The above price is for guidance only. It is based on our average discount and would be the estimated price payable by a 69-year-old single male. As such, the price you would pay could be higher or lower than this figure.

For more information or a personalised quote, just give us a call. Alternatively, if you are under 60 or would like to purchase this property without a Home for Life Plan at its full market price of £275,000, please contact Cubitt & West.


Property description


If you’ve always fancied owning a slice of luxury then look no further, this apartment has it all! Located in a prestigious development, there are fantastic grounds stretching out around you, so in the summer you can grab a picnic blanket and a good book and lose yourself in a quiet spot to soak up the rays, or in the winter enjoy a crisp walk through the grounds to get some fresh air.

There is also the renowned resident’s gym and indoor swimming pool, which is open seven days a week for you. So whether it’s a class in the gym or a dip in the pool it is all at your disposal.

Inside, the apartment it is modern throughout, so it is ready to move straight into or to be let out to tenants. Two good size double bedrooms leaves plenty of space for the perfect starter home. Also not to forget the ensuite to the main bedroom, very posh!

Unlike many others in this impressive development this particular apartment comes with two allocated parking spaces, so for those two car families or investors looking to let to young professional sharers, it ticks all the boxes.

What the Owner says:
We bought the flat eight years ago now and we have enjoyed every minute of living here. One of the things that attracted us to the development was the wonderful outside space. It was hard to find an apartment with a half decent communal garden, so when we came across this development all our dreams came true! Often on a Sunday afternoon we find ourselves down at the pool enjoying some well deserved family time.

We have since been fortunate enough to be able to upgrade to a house however we will be staying local as the area for us simply has it all. We hope to pass on this happy home to its new rightful owners.

Room sizes:
  • Entrance Hall
  • Lounge/Diner 19'7 x 12'1 (5.97m x 3.69m)
  • Kitchen 9'7 x 7'3 (2.92m x 2.21m)
  • Bedroom 1 12'5 x 9'4 (3.79m x 2.85m)
  • Ensuite
  • Bedroom 2 9'4 x 7'5 (2.85m x 2.26m)
  • Bathroom
  • Outside
  • Allocated Parking
  • Communal Gardens

The information provided about this property does not constitute or form part of an offer or contract, nor may be 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. Suitable as a retirement home.


Property info

Floorplan(s): Second Floor Plan

Second Floor Plan View original

Market activity
Average price paid £387,875 Sales 566 Current average value £402,903 (Zoopla Zed-Index) Value change £5,132 ▲ 1.29%

Property value data/graphs for RH1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £675,014 £397 3.9 £631,537
Semi-detached £417,655 £400 3.2 £423,670
Terraced £362,029 £374 2.9 £390,788
Flats £241,880 £371 1.7 £233,419

Current asking prices in RH1

Average: £415,531
Avg. current asking prices in RH1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £89,000
(1)
£338,670
(32)
£454,702
(121)
£595,707
(62)
£785,563
(31)
Flats £224,371
(63)
£273,850
(111)
£344,167
(6)
- -
All £222,255
(64)
£288,355
(143)
£449,480
(127)
£595,707
(62)
£785,563
(31)

Current asking rents in RH1

Average: £1,264 pcm
Avg. current asking prices in RH1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £542 pcm
(1)
£1,163 pcm
(11)
£1,416 pcm
(15)
£1,918 pcm
(13)
£2,928 pcm
(5)
Flats £889 pcm
(23)
£1,088 pcm
(47)
£1,294 pcm
(4)
- -
All £875 pcm
(24)
£1,102 pcm
(58)
£1,390 pcm
(19)
£1,918 pcm
(13)
£2,928 pcm
(5)

Fun facts for RH1

Highest value in RH1
Highest value streets Zed-Index
Church Hill £1,129,850
Place Farm Road £1,013,949
The Avenue £1,006,027
The Fairways £990,598
Picketts Lane £990,486
Highest turnover in RH1
Highest turnover streets Turnover
Gumbrell Mews 60.9%
Holmesdale Avenue 53.8%
Rubeck Close 50.0%
Gordon Road 50.0%
Doran Drive 46.7%

What Zoopla users think of Redhill

Overall rating:

  • currently 3.5 stars
Good - 74% (121 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Redhill:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Earlswood (Surrey) (0.4 miles)
  • Redhill (1.1 miles)
  • Nutfield (1.4 miles)
  • London Gatwick Airport (5.3 miles)
  • London City Airport (21.7 miles)
  • London Heathrow Airport (21.7 miles)
  • Ditton Island Ferry Landing (13.7 miles)
  • Kingston Town End Pier (14.0 miles)
  • Kingston Turks Pier (14.4 miles)

Nearby schools

View all schools in Reigate and Banstead
  • Earlswood Junior School (0.4 miles)
  • Earlswood Infant and Nursery School (0.5 miles)
  • St John's Primary School (0.7 miles)
  • Reigate College (2.0 miles)
  • Cambridge Tutors College (10.4 miles)
  • Hurtwood House School (11.9 miles)
  • Cornfield School (0.8 miles)
  • Dunottar School (1.0 mile)
  • Reigate School (1.2 miles)
Note: Distances are straight line measurements

Local info for Reigate and Banstead

About the neighbours in RH1

AskMe Q&A for Reigate and Banstead

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For more information about this property, please contact
Homewise Ltd, BN11 on +44 1903 906571 * (local rate)

Monthly running costs Beta

£873 Monthly total

Mortgage

Purchase price
Deposit (10%) 18,200
Repayment term 25
Interest rate 1.5
Your payment £655 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £80,000 Average insurance cost £21/mo (£249/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £26 Electricity £33 Estimated energy cost £59/mo

Similar properties could save up to £235

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 8200 kWh/year
Electricity: 2600 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Reigate and Banstead

Estimated tax band B Council tax cost £138 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Contact Homewise Ltd about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Homewise Ltd, and do not constitute property particulars. Please contact Homewise Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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