Rosemead Close, Redhill £350,000

Hunter & Company are excited to present for sale this stunning two-bedroom ground floor maisonette, located in a quiet cul-de-sac in the desirable area of Meadvale.

Recent updates to this home include a refitted bathroom and kitchen, an updated boiler, and fresh decoration throughout. This property is a must-see, featuring a single garage en-bloc, as well as a private front garden and patio.

Upon entering the property, you are greeted by a bright and airy living room, complete with a feature fireplace and large double-glazed patio doors that overlook the front garden and lead out to the patio area.

The modern kitchen boasts a contemporary style, featuring a range of white gloss base and wall units, contrasting laminate worktops, part-tiled walls, integrated appliances, and a double-glazed window with a view of the front garden.

Both double bedrooms come with large double-glazed windows that allow plenty of natural light to flow in and face the rear of the property, offering views of neighboring gardens. The stylishly refitted bathroom features a contemporary white suite, including a panel-enclosed bath with waterfall mixer taps and a shower overhead. It also includes part-tiled walls and flooring, a double-glazed window to the side, and a heated towel rail. Additionally, there is a separate cloakroom that has been refurbished to complement the bathroom, complete with a vanity wash hand basin and low-level WC, as well as part-tiled walls and flooring with a double-glazed window to the side.

Externally, the property boasts a private front garden with a covered patio area and lawn. The single garage en-bloc provides buyers with the option of a secure parking space or extra storage.

With a share of the freehold and a lease that has over 980 years remaining, you will find it difficult to discover a better comparable property. This maisonette is ideally suited for first-time buyers, young families, and downsizers, and it makes for an excellent rental investment. A realistic monthly rental expectation is at least £1,500, offering an approximate yield of 5%.

Earlswood Mainline Station is less than a mile away so those that need to commute will also favour this location. Families looking for a home couldn’t be better served with Reigate Secondary School, which has been judged in 2023 as “Good” by Ofsted, is 0.2 miles away. Those with younger children also have Dovers Green Primary School, graded “Good” in a 2023 Ofsted report is 0.7 miles away.

Redhill has recently undergone several multimillion-pound redevelopment projects, including a 1.5m makeover of Memorial Park which includes the wonderful family-run pavilion café Florrie’s, a Sainsbury's superstore with Travelodge hotel and gym above and most recently the addition of ‘The Rise’ Marketfield Way development, which features The Light, a new multi-screen cinema, boutique bowling, diner & entertainment venue as well as various restaurants and residential units.

Nearby, Reigate is a bustling market town offering a comprehensive range of local shops, independent boutiques, and high-end retailers. It boasts a huge variety of restaurants, coffee shops and pubs, including Côte, Gail’s, Wagamama and Bill's, alongside some amazing indies such as Canakin, Monte Forte and Lebnani. Reigate also has several quality schools, both state and independent, catering to all ages.

Material Information:

EPC Rating: C

Council Tax Rates: Band C – Reigate & Banstead

Asking price: £350,000

Tenure: Share of Freehold – 980 years remain on lease. Granted from and including 1 January 2008.

Service Charge, Buildings Insurance & Ground Rent (Where applicable): Approx £230.00 p.a. for the flat and garage. Any maintenance works are split between each block, consisting of 4 properties.

Property type: Purpose built maisonette

Age of Property: Approx 1960’s

Property construction: Standard

Number and types of rooms: Two bedrooms, one reception, one bathroom and cloakroom

Electricity supply: Mains

Water supply: Mains

Sewerage: Mains

Heating: Gas Central Heating

Age of Boiler: TBC

Broadband: Yes

Mobile signal/coverage: Yes

Parking Arrangement: On street parking and private single garage en-bloc.