1-bedroom flat · RH14 9EF
For saleListed 64 days
Opportunity summary
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About
Tenure: Leasehold Offered with no onward chain, this purpose-built first floor one bedroom retirement apartment (exclusively for the over 55's) presents a superb opportunity for those seeking comfortable and secure living within a highly regarded development.
Built in 2002 by McCarthy & Stone, the property enjoys a secluded private access, ensuring both privacy and tranquillity.
The apartment is spacious and well presented throughout, with a thoughtfully designed layout that maximises natural light and provides a welcoming atmosphere.
The generous living/dining room is perfect for relaxing or entertaining guests, while the fitted kitchen features ample storage and worktop space, making daily living both convenient and enjoyable.
The double bedroom is bright and airy, and the bathroom is fitted with contemporary fixtures, catering to ease of use.
Residents benefit from a well-maintained communal entrance hall with secure entry, as well as access to shared facilities including a comfortable residents’ lounge (ideal for socialising and organised activities), and a guest suite available for visitors (subject to availability and booking).
The flat is also being offered with all of the current furniture, fixtures and white goods.
The development is managed to a high standard, with a management charge of approximately £3,650 every 12 months, ensuring the communal areas and facilities are kept in excellent condition.
Residents and visitors have the convenience of on-site parking ( first come first served basis ), providing peace of mind for both homeowners and guests.
The property is leasehold, with approximately 101 years remaining on the lease, offering long-term security and peace of mind.
The location is well situated for access to local amenities, shops, transport links, and healthcare facilities, making daily errands and appointments straightforward and stress-free.
This apartment represents an ideal choice for those seeking an independent lifestyle with the reassurance of a supportive community and well-maintained surroundings.
Pets are allowed subject to permission, making this an inclusive community. Please note that the property is age restricted to the over 60s, fostering a sense of comfort and companionship.
Further advantages include a communal owner’s lounge and kitchen which the residents regularly use for social gatherings and activities , visitor’s suite with en-suite facilities having a small charge of £20 for a single room and £25 for a twin.
Each property is also linked to a 24-hour emergency care-line response system, ensuring peace of mind, and a camera entry system provides an additional layer of security.
There is also the added bonus of a manager/warden on site during the working week. The property has an Energy Performance Certificate rating of C and falls under Council Tax Band C.
The lease is for 125 years from 2002, and the service charge of approx £3650 per annum includes water rates. Ground rent is approx £790 per annum.
EPC Rating: C Location The property is situated in a highly convenient location within walking distance of Billingshurst train station, The Weald School, primary school and Dauxwood pre-school.
The High Street is within a mile and offers a range of amenities including local shops, restaurants and cafe as well as a church and good bus service.
The mainline station provides fast and frequent services to Victoria/London Bridge (approximately 65 minutes), Gatwick International Airport and the south coast.
There are schools for all age groups within the locality, both state and independent, including the Weald Community School/6th Form and Billingshurst Primary School.
There are private schools in the area including Pennthorpe at Rudgwick and Farlington, an independent day and boarding school for girls located on the outskirts of Broadbridge Heath.
The larger towns of Horsham, Guildford and Chichester are all within easy driving distance and there are excellent road links via the A272, A264, A29 and A24 to the M23 and major motorway network.
Golf can be found nearby at Slinfold, West Chiltington and Rookwood at Horsham and sporting/leisure facilities can be found at the leisure centre in Billingshurst.
For the walking and riding enthusiast there are miles of beautiful surrounding open countryside including the newly formed South Downs National Park lying to the west at Wisborough Green.
Communal Garden Private gated residents communal gardens
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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