1 bed flat for sale

Waterslade, Elm Road, Redhill, Surrey RH1

A ground floor one bedroom flat with balcony, undercover parking and share of freehold.

Located within the Waterslade development on Elm Road in Redhill, this ground floor flat provides one bedroom accommodation with two bathrooms, a balcony and undercover parking. The development also benefits from communal gardens which are spacious and well maintained. The property is accessed via a communal entrance leading to the flat. From the entrance hall, there is access to all rooms within the property, along with multiple storage cupboards providing useful internal storage. The reception room is positioned to the rear and provides space for seating and dining, with access through to the balcony. The kitchen is arranged separately and includes fitted units, work surfaces and space for appliances. The bedroom is a double room with space for storage. The property benefits from both a bathroom and a separate WC. Externally, the property includes a balcony and an underground parking space. The property is held on a share of freehold basis with approximately 87 years remaining on the lease. The service charge is approximately £1,956 per annum and there is no ground rent payable. A new heating system was installed in January 2023. The property is offered with a share of freehold, meaning leaseholders are typically involved in the management of the building. In such arrangements, lease extensions are often agreed directly between the freeholders, which can provide a more straightforward and potentially more cost-effective route when compared to extending a lease through a separate freeholder, subject to agreement.