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See how verdicts work1-bedroom flat · RH11 0AB
For saleListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented and spacious one double bedroom first floor retirement apartment situated in the sought-after McCarthy and Stone development of Millfield Court in Ifield.
The development is suitable for anyone aged 60 years and over and is conveniently located close to Crawly town centre, main transport links and close to other local amenities.
The property is accessed via a secure entry system where you are greeted with large communal areas as well as access to the grounds and lift to each floor.
Upon entering the apartment there is a spacious entrance hallway, which gives access to all rooms and includes a large storage cupboard that also houses the hot water tank and fuse board.
Heading into the ‘L’ shaped living/dining area there is plenty of space for both living room and dining room furniture with views overlooking the front entrance of the building.
The kitchen is situated just off the living room and is fitted with a range of wall and base units with work surfaces over, integrated stainless steel sink unit, four ring electric hob with extractor hood over, built-in oven and a large window allowing in lots of natural light.
The bedroom is a spacious double room with conveniently placed built-in wardrobes with bi-fold doors allowing space for any other freestanding furniture you may wish.
Finally, the bathroom is fully tiled and comprises of a panel enclosed bath with wall mounted shower unit over, low level WC, wash hand basin and extractor fan.
In addition, is another large useful cupboard. Outside the property there is a beautifully maintained communal green and plenty of communal parking spaces for residents and visitors alike.
The development also benefits from laundry facilities and buggy store all included within the service charges.
Lease Details Length of Lease – 125 years from September 2007 (106 years remaining at September 2026) Annual Ground Rent Amount - £425 payable in two instalments on 1st March and 1st September Ground Rent Review Period - March Annual Service Charge Amount - £3,550 payable in two instalments on 1st March and 1st September Lease details have been provided by the Vendor.
This information should be confirmed by your solicitor.
EPC Rating: B Location Ifield is served by a local parade of shops which include a convenience store, doctor’s surgery, pharmacy and a post office.
For a more extensive range of shops, Crawley town centre is easily accessed and provides a full range of high street stores, many located in the popular County Mall Shopping centre.
It is also home to a range of leisure facilities, including the K2 leisure centre and the Hawth theatre.
Local transport is good, with a bus stop located directly outside the site which offers a regular service to Crawley town centre and Ifield railway station is a short distance providing services to Gatwick Airport (approximately 10 minutes) and London.
Crawley is also ideally positioned to benefit from the M23 and M25 road networks.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
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About 24 Millfield Court, Crawley
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