Draining the rad alone will get about half the coolant out (total capacity is just short of 10L).
So...
Drain the rad, then fill with water and run until the stat opens. Allow to cool (around 2 hours) and drain the rad again.
Repeat this process a few times, this will gradually dilute the remaining antifreeze and eventually you will have just plain water in the system.
After the last drain add antifreeze concentrate into the expansion tank - you will see that you can get 5L in which means that the mixture will correctly be 50/50.
Run until warm and then top-up the expansion bottle.
That's it...
But even if you use the Red antifreeze, don't leave it for 5 years - repeat annually.
If you want to flush, add the flushing agent after the first cycle so that you can make sure that it will be properly flushed out over the subsequent cycles.
This is a basic coolant change, but if the cooling system is in bad state, then you will need a more involving solution – like taking the stat off, draining the block, and leaving overnight with some heavy duty agent or Caustic Soda etc.