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1 bed flat for sale Marketfield Way, Redhill, RH1

Guide Price

£270,000

Added on 24/09/2026

Type: Flat
Bedrooms: 1
Bathrooms: 1
Tenure: Leasehold

Key features

Central Redhill
No chain
Current rental is £1375 per month
Double bedroom
Lift to building
At the train station in a few minutes
Great for first time buyers and investors

About this property

Set in this Iconic building in central Redhill is this wonderful one double bedroom apartment offering space, light, private outside space and lift service. Any new owner will not have to lift a finger as the care and attention to detail by the current owners is second to none.

The home comprises of large entrance hallway, one double bedroom with built in wardrobes, bathroom and amazing kitchen / living area. The style and colours shine through added to that the panoramic views.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,711
Band B

£1,996
Band C

£2,281
Band D

£2,567
Band E

£3,137
Band F

£3,707
Band G

£4,278
Band H

£5,133

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Reigate and Banstead, 2026/27 bills run from £1,711 a year in band A to £5,133 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Reigate and Banstead, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

70 comparables · within 2.4 miles

Priced above 94% of the 1-bed flats for sale nearby right now.

This home, £270,000 Median £217,500 · £179,000 – £251,000

Compared with 70 1-bed flats for sale within 2.4 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Marketfield Way, Redhill, RH1

Open map Street View

Mortgage and stamp duty

Property price £270,000

£135k £405k

Deposit10% £27,000

£0 £270k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £243,000 mortgage. Most lenders would want a household income of about £54,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 72, Picture House, 1, Marketfield Way Flat / maisonette	Flat / maisonette	Oct 2025	570 sq ft £450/sq ft	570 sq ft	£450	£257,000
Flat 64, Picture House, 1, Marketfield Way Flat / maisonette	Flat / maisonette	Sept 2025	678 sq ft £361/sq ft	678 sq ft	£361	£245,000
Flat 107, Picture House, 1, Marketfield Way Flat / maisonette	Flat / maisonette	May 2025	689 sq ft £377/sq ft	689 sq ft	£377	£260,000
Flat 121, Picture House, 1, Marketfield Way Flat / maisonette	Flat / maisonette	Mar 2025	818 sq ft £489/sq ft	818 sq ft	£489	£400,000
Flat 77, Picture House, 1, Marketfield Way Flat / maisonette	Flat / maisonette	Feb 2025	560 sq ft £442/sq ft	560 sq ft	£442	£247,500
Flat 68, Picture House, 1, Marketfield Way Flat / maisonette · new build	Flat / maisonette · new build	Aug 2023	786 sq ft £471/sq ft	786 sq ft	£471	£370,000
Flat 96, Picture House, 1, Marketfield Way Flat / maisonette · new build	Flat / maisonette · new build	Apr 2023	786 sq ft £494/sq ft	786 sq ft	£494	£388,000
Flat 88, Picture House, 1, Marketfield Way Flat / maisonette · new build	Flat / maisonette · new build	Mar 2023	560 sq ft £350/sq ft	560 sq ft	£350	£195,965