1 bed flat for sale Canalside, Redhill, RH1

Guide Price

£150,000

Added on 24/09/2026

For sale by auction

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

Key features

Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
No Onward Chain
Walking Distance to Redhill Train Station
Popular Watercolour Development

About this property

Offered to the market with no onward chain, this beautifully presented one-bedroom apartment is situated within the ever-popular Watercolour development in Redhill, providing an excellent opportunity for first-time buyers, investors, or those looking to downsize. The property enjoys a highly convenient location, within walking distance of Redhill town centre and mainline railway station, offering a wide range of shops, restaurants, leisure facilities, and excellent transport links to London and the surrounding areas. Internally, the apartment is exceptionally bright and spacious throughout, featuring a generous open-plan kitchen/living area that provides the perfect space for both relaxing and entertaining.

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.

Location

Canalside, Redhill, RH1

Open map Street View

Mortgage and stamp duty

Property price £150,000

£75k £225k

Deposit10% £15,000

£0 £150k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £135,000 mortgage. Most lenders would want a household income of about £30,000 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
176, Canalside Flat / maisonette	Flat / maisonette	Jul 2026	517 sq ft £401/sq ft	517 sq ft	£401	£207,000
196, Canalside Flat / maisonette	Flat / maisonette	Mar 2025	495 sq ft £454/sq ft	495 sq ft	£454	£225,000
230, Canalside Flat / maisonette	Flat / maisonette	Feb 2025	452 sq ft £509/sq ft	452 sq ft	£509	£230,000
240, Canalside Flat / maisonette	Flat / maisonette	Sept 2024	420 sq ft £500/sq ft	420 sq ft	£500	£210,000
238, Canalside Flat / maisonette	Flat / maisonette	Apr 2024	678 sq ft £420/sq ft	678 sq ft	£420	£285,000
220, Canalside Flat / maisonette	Flat / maisonette	Jan 2024	377 sq ft £624/sq ft	377 sq ft	£624	£235,000
244, Canalside Flat / maisonette	Flat / maisonette	Jul 2023	732 sq ft £418/sq ft	732 sq ft	£418	£306,000
194, Canalside Flat / maisonette	Flat / maisonette	Jul 2023	527 sq ft £442/sq ft	527 sq ft	£442	£233,000