73 Canalside, Redhill, South East, RH1 2NH
Listed 21 Oct 2026 · Redhill
How the price compares
Key features
- Freehold development opportunity and ground rent investment
- Planning permission granted for two additional floors
- Accommodation to include six new residential dwellings
- Ground rent secured against 19 flats and a Tesco Express supermarket
- Held on two separate 999 year leases as a peppercorn
- On the instructions of the Joint LPA Receivers
- Online Auction on Thursday, 19 November 2026
About this home
A modern four storey building arranged as a ground floor supermarket and 19 flats arranged over first, second and third floors. Externally there are a number of parking spaces included within the title (refer to legal pack). The building benefits from planning permission for an additional two storeys to provide a further six flats totalling approximately 4,357 sq ft. Prospective purchasers are to rely on their own enquiries in this regard. THERE HAS BEEN FIRE DAMAGE TO ONE OF THE FLATS WITHIN THE BLOCK THAT HAS AN ONGOING INSURANCE CLAIM - the proceeds of the insurance claim will be transferred to the Management Company who will undertake remedial works to the building (refer to the legal pack)
Location: Redhill lies approximately 20 miles south of Central London and 12 miles north of Crawley and can be accessed via the A23 (London/Brighton Road) and the A25 (Nutfield Road). It is situated just to the south of the M25 motorway and just to the west of the M23 motorway, which can be accessed via junctions 6/7 and 8/9 respectively. Redhill railway station provides regional rail services as well as regular direct services to London Victoria, London Bridge and Brighton as well as direct services to London Gatwick Airport, which lies approximately 8 miles south of the town. Addironally numerous bus routes serve the area. Canalside lies approximately 1.5 miles north east of the town centre running east from Trowers Way in an area that has seen much development in recent years. The property lies on the north side of the road in a mainly residential location.
Tenancy: The ground and upper floors are sold off on 999 year leases from April 2022 at a peppercorn (refer to the legal pack for copies of the head leases).
Online Auction on Thursday, 19 November 2026. For further information, such as legal documents and property information, please visit bidx1.com.
Property details
- Property type
- Land
- Tenure
- Freehold
- Parking
- Yes
Location
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1 on this map
- Merstham Station0.9 mi
- Redhill Station1.0 mi
- Earlswood (Surrey) Station1.8 mi
What nearby homes sold for
Median sold prices in RH1 over the last 12 months: flat £235k · semi-detached £490k · terraced £423k · detached £719k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 176 Canalside Redhill RH1 2FW | Flat Leasehold | 27 Jul 2026 | £207,000 |
| 134 Canalside Redhill RH1 2FH | Flat Leasehold | 23 Jul 2026 | £227,500 |
| 56 Canalside Redhill RH1 2NH | Flat Leasehold | 12 Feb 2026 | £262,500 |
| 140 Canalside Redhill RH1 2FH | Flat Leasehold | 19 Dec 2025 | £335,000 |
| 21 Canalside Redhill RH1 2NH | Flat Leasehold | 12 Sept 2025 | £290,000 |
| 196 Canalside Redhill RH1 2FW | Flat Leasehold | 28 Mar 2025 | £225,000 |
| 230 Canalside Redhill RH1 2FW | Flat Leasehold | 19 Feb 2025 | £230,000 |
| 79 Canalside Redhill RH1 2NH | Flat Leasehold | 20 Dec 2024 | £282,000 |
| 110 Canalside Redhill RH1 2FH | Flat Leasehold | 24 Oct 2024 | £375,000 |
| 240 Canalside Redhill RH1 2FW | Flat Freehold | 20 Sept 2024 | £210,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in RH1
Buying costs
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by BidX1, Covering UK on Rightmove (original listing). First listed 21 Oct 2026; details checked 7 Nov 2026.
Agent disclaimer
Disclaimer - Property reference 109377. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BidX1, Covering UK. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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