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2 bed flat for sale Canalside, Redhill, RH1

Asking price

£270,000

Added two days ago

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £353 per sq ft
Tenure: Leasehold

Council tax Band D £2,567 a year

Key features

Spacious apartment in the popular Watercolour development
Main bedroom with fitted wardrobes and private ensuite
Bright open-plan lounge/diner with direct balcony access
Contemporary fitted kitchen with integrated appliances
Allocated parking plus plenty of visitor spaces
Excellent on-site amenities including doctors, vets and Tesco Express
Above-average EPC energy efficiency rating B (82/82)

About this property

This well-presented second floor apartment is located in the highly sought-after Watercolour development and benefits from allocated parking along with ample visitor bays. The property features a bright and spacious open-plan lounge and dining area, offering plenty of room for relaxing and entertaining along with direct access to a private balcony. The modern fitted kitchen is set back from the dining space and includes integrated appliances, creating a practical and stylish layout ideal for everyday living.

Floorplan

Council tax

Band D £2,567 a year

Per year

Band A

£1,711
Band B

£1,996
Band C

£2,281
Band D

This home: £2,567
Band E

£3,137
Band F

£3,707
Band G

£4,278
Band H

£5,133

This home is in band D, which costs £2,567 a year in Reigate and Banstead for 2026/27.

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. Check a home's band on GOV.UK.

Property timeline

Listed

October 2026 £270,000

2 beds · 2 baths · this listing

Past sales can't be shown: the agent hasn't given the flat number.

Price guide

100 comparables · within 2.4 miles

Cheaper than 63% of the 2-bed flats for sale nearby right now.

This home, £270,000 Median £290,000 · £230,000 – £370,500

Against sold prices

23% under

RH1 sold median £460 / sq ft, 1,202 sales

Compared with 100 2-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. Sold prices are HM Land Registry sales in RH1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in RH1 →

Location

Canalside, 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
56, Canalside Flat / maisonette	Flat / maisonette	Feb 2026	635 sq ft £413/sq ft	635 sq ft	£413	£262,500
21, Canalside Flat / maisonette	Flat / maisonette	Sept 2025	753 sq ft £385/sq ft	753 sq ft	£385	£290,000
79, Canalside Flat / maisonette	Flat / maisonette	Dec 2024	732 sq ft £385/sq ft	732 sq ft	£385	£282,000
67, Canalside Flat / maisonette	Flat / maisonette	Aug 2024	1,130 sq ft £319/sq ft	1,130 sq ft	£319	£360,000
68, Canalside Flat / maisonette	Flat / maisonette	Jul 2024	646 sq ft £406/sq ft	646 sq ft	£406	£262,500
66, Canalside Flat / maisonette	Flat / maisonette	Jul 2024	646 sq ft £387/sq ft	646 sq ft	£387	£250,000
91, Canalside Flat / maisonette	Flat / maisonette	Jul 2023	732 sq ft £376/sq ft	732 sq ft	£376	£275,000
86, Canalside Flat / maisonette	Flat / maisonette	Mar 2023	646 sq ft £403/sq ft	646 sq ft	£403	£260,000