House · RH19 2EN
To rentReduced £5.3k (−91.7%) on 23 SepListed 203 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GROUND FLOOR AREA AVAILABLE Convenient position for the town centre Within walking distance of the railway station SITUATION On the northern side of the East Grinstead, within walking distance of local stores and with bus services in Lingfield Road.
The town centre is about 1 mile distant whilst the railway station is within about 0.8 miles. DESCRIPTION Self contained area available on the ground floor of The Round House. Dedicated entrance.
ACCOMMODATION Ground Floor Area - 167 sq ft (15.51 sq m) approximately.
AMENITIES Suspended ceilings Double glazed windows Smoke alarms WC/wet area Central heating RENT £530 rent plus £150 per calendar month towards buildings insurance, electric, gas and water.
Any telephone and internet charges are the tenants responsibility. If tenant requires contents insurance, this is the tenants responsibility.
VAT is not charged on the rent and is exclusive of any rates payable. TERMS To be let on an initial 12 month agreement. A rent deposit will be required.
If utility bills increase this increase will need to be paidfor by the tenant. USE As per agreement. REFERENCES Satisfactory references and a rent deposit will be required.
BUSINESS RATES Small business rate relief is available for properties with an RV less than £15,000. Further information from Mid Sussex District Council Business Rates department Tel: .
The landlord takes no responsibility for Business Rates. EPC The current Energy Performance rating for the property is ‘D’. A copy is available on request.
VIEWING Viewing and further information from the agents RH & RW Clutton -
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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