2-bedroom terraced house · PL5 3NX
Sold STCListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****SOLD STC BEFORE MARKETING**** Currently undergoing refurbishment works.
This spacious two bedroom, cottage-style end-terraced property is offered to the market with no onward chain and has the added benefit of 2 allocated parking spaces and an enclosed garden to the front.
The accommodation comprises of an entrance hallway, spacious lounge/diner opening to a newly fitted kitchen, two bedrooms and a modern fitted bathroom.
Complete with being double glazed and centrally heated.
EPC - C Covered entrance with opaque UPVC double glazed door to; ENTRANCE HALL Staircase to first floor and archway to; LOUNGE/DINING ROOM 19'0 x 11'8 (5.8m x 3.6m) Large recess area under stairs, panelled radiator, wood laminate flooring, UPVC double glazed sliding patio doors to front elevation, archway to; KITCHEN 16'0 x 7'5 (4.9m x 2.3m) Well fitted with a range of grey matt base and eye level storage cupboards with fitted worktops, inset one and a half bowl single drainer stainless steel sink unit with mixer tap, integrated oven and 4 burner gas hob with extractor canopy over, plumbing for a washing machine, space for an upright fridge freezer, wall mounted gas boiler providing hot water and central heating, part-tiled walls, extractor fan, ceiling downlighters, UPVC double glazed windows to rear elevation.
FIRST FLOOR LANDING Doors providing access to all first floor rooms.
BEDROOM ONE 12'1 x 10'8 (3.7m x 3.3m) Panelled radiator, UPVC double glazed window to front elevation, large walk-in wardrobe recess with access to loft space, glass block feature wall providing light on to the landing area.
BEDROOM TWO 16'0 x 6'8 (4.9m x 2.1m) Panelled radiator, 2 x UPVC double glazed windows to rear elevations, ceiling spotlights.
BATHROOM 7'5 x 7'2 (2.3m x 2.2m) Modern white suite comprising corner panelled bath with tiled surround, vanity wash hand basin with taps, low level WC, glazed and tiled shower cubicle with mixer shower, heated towel rail, extractor fan.
OUTSIDE The gardens are situated to the front of the property comprising of a large, enclosed area with astroturf and central path leading to the front door.
There is also a useful 2 car hardstand, providing access on to the main road.
BUYERS INFORMATION As part of the purchasing process, we are required by law to carry out identity and Anti-Money Laundering checks on all purchasers of a property, in line with Money Laundering Regulations.
We therefore charge buyers an AML and administration fee of £30.00 including VAT for 1 applicant or £50.00 including VAT for 2 applicants.
To complete these checks, we use an approved third-party verification provider. The checks must be completed before we are able to formally proceed with your purchase.
SERVICES All main services are connected to the property. VIEWING Strictly by prior appointment through Swift Estate Agents.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Horsham Lane, Honicknowle
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