2-bedroom semi-detached house · RH10 4TB
Listing removedReduced £20k (−3.9%) on 20 JunListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A period attached cottage in idyllic lakeside location with wonderful views, well away from any public road down a private lane, yet very convenient for the commuter.
Entrance lobby, Living room/kitchen breakfast room. Principal bedroom with dressing room and en-suite wet room, Further bedroom with en-suite bathroom.
Terrace, decking and storage, Parking, Additional parking area. Property A delightful attached cottage with an abundance of character with views over a lake.
The front door opens into an entrance lobby.
The living room/kitchen with an oak floor is a fabulous size and is open to the eaves with exposed beams and there is a stair case in the middle leading down to the bedrooms.
The sitting area has a wood burner and French doors to the decking.
The kitchen/breakfast room is beautifully fitted with wall and floor cupboards, granite worktops, 4 ring electric hob, ovens, washing machine and dishwasher.
There is a cupboard housing the hot water tank. On the lower ground floor there is the principal bedroom with cupboards, a dressing area and a well-appointed en-suite wet room.
Bedroom 2 has an en-suite bathroom and a built-in cupboard, French doors opening to the outside where there is a storage area. The bathroom also has a door to the hallway.
Outside At the front is an area of decking overlooking the lake and a brick paved parking area. At the rear under the decking is a storage area.
There is further parking on other side of the weir from the cottage, beyond the fishermen’s car park. Tenure, Local Authorities and Services Freehold. Mains electricity and water. Private drainage.
Air source heat pump. Council tax Band D. EPC band E. West Sussex CC . Mid Sussex DC .
Communications There are mainline railway stations at Three Bridges and Gatwick providing services to London Bridge/Victoria, the latter in about 35 minutes.
The M23 provides good access to London, Brighton, Gatwick and the motorway network. Directions From M23 junction 10 take A264 towards East Grinstead.
At the second roundabout take the exit signed Three Bridges. After a short distance turn left into Old Hollow and after just over 1⁄2 mile turn left into the private road.
At the gate is a map showing where the property is located along the lane. Proceed up the lane over the dam and take the first drive on the left and the property will be found at the end.
Local Amenities & Surrounding Area The nearby towns of East Grinstead and Crawley have a first class range of shopping, educational, sporting and transport facilities.
Golf is available at Copthorne. There is an extensive selection of excellent schools in the area.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Mill Studio,, Rowfant, West Sussex
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