Leasehold
Ground Floor One Bedroom Apartment in Central Redhill. Situated in a highly convenient location close to the heart of Redhill town centre and mainline railway station, this property represents an attractive prospect for landlords seeking a conveniently located rental asset.
The accommodation comprises an entrance hall leading to a bright and well-proportioned living/dining room, providing ample space for both relaxation and entertaining. A separate fitted kitchen offers practical workspace and storage, while the double bedroom benefits from built-in wardrobes. The property is completed by a bathroom.
Wilton Hill Court enjoys a highly convenient position on Wilton Road in Redhill, placing residents within easy walking distance of the town centre and its excellent range of amenities. Redhill offers a vibrant mix of high street retailers, supermarkets, cafés, restaurants, bars and leisure facilities, making it an attractive location for both tenants and investors alike.
One of the area's strongest selling points is its outstanding connectivity. Redhill Mainline Railway Station is within easy reach and provides regular direct services to London Bridge, London Victoria, Gatwick Airport, Reading and the South Coast, making the town particularly popular with commuters and airport workers. The nearby A23, M23 and M25 road networks also offer convenient access to London, Crawley, Brighton and beyond.
For recreation, residents can enjoy a selection of nearby parks, open spaces and leisure facilities, including Memorial Park, the Donyngs Leisure Centre and a variety of countryside walks within the surrounding Surrey Hills. The neighbouring town of Reigate, renowned for its boutique shopping, historic high street and highly regarded restaurants, is also just a short distance away.
Combining excellent transport links, strong rental demand and a wide range of local amenities, Redhill continues to be a popular choice for both owner-occupiers and investors seeking a well-connected Surrey location with long-term appeal. The property's central position makes it particularly attractive for tenants looking for convenience, accessibility and easy access to London and Gatwick Airport.
Lease Information
This property is leasehold and is understood to have a low remaining lease term. Buyers are advised to verify the exact lease length, ground rent, service charges and any planned major works with their solicitor prior to exchange of contracts. Mortgage availability may be restricted due to the remaining lease term, and purchasers should seek independent financial advice regarding lending options and potential lease extension costs.
Lease 99 years from 25 March 1995 which may affect the ability to purchase the property with a mortgage or lending
Lease Term Remaining 67 years
Lease end date: 25/03/2094
Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.
Current 74 / Potential 79
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
If the vendor accepts an offer, the buyer will be required to make payment of a non-refundable reservation fee of £6,600 including VAT and a legal pack charge of £396 including VAT. This reserves the property for the buyer during the Reservation Period. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium is in addition to the final selling price and is considered within calculations for Stamp Duty Land Tax.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay the fee specified above towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.