Summary - 38 RADSTOCK WAY MERSTHAM REDHILL RH1 3NG
3 bed 1 bath Land
**Standout Features:**
- Planning permission approved for a new 4-bedroom end-terraced house.
- Current 3-bedroom property generates £1,700/month rental income.
- Off-street parking available for both properties.
- Decent-sized garden and ideal family accommodation.
- Chain-free with freehold title.
**Potential Concerns:**
- Current property has no insulation (assumed).
- Possible reduction of rental income during construction.
Welcome to this rare building opportunity in RH1 3NG! This charming 3-bedroom end-terrace home, currently generating a solid rental income of £20,400 annually, is set on a plot with approved plans to construct an additional 4-bedroom end-terrace house. Imagine the potential for increased value or rental yield upon completion of the new build. The existing property is a comfortable family home featuring a spacious living room that leads to a conservatory, a modern kitchen, and three good-sized bedrooms.
The plans for the new build promise a substantial family space, complete with a generous kitchen-family room, separate lounge, and en-suite bedrooms. Enjoy the benefits of off-road parking for both properties, ensuring convenience for families. The area is well-served by reputable schools and local amenities, making it a great choice for families and investors alike. However, be aware that the existing property has no insulation, which potential buyers should consider.
This unique offering won’t last long—act today to secure a property with impressive renovation potential and a steady income stream. For further information or architectural plans, don't hesitate to reach out.
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