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See how verdicts work2-bedroom bungalow · RH17 5EQ
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WALK-THROUGH VIDEO TOUR - This is a two double bedroom Chalet style property suitable for the over 60's situated within a warden assisted private development in the sought after village of Cuckfield.
The development is located within close proximity to local shops and the popular High Street which features a number of cafe's and restaurants.
Internally the property offers a flexible layout with an entrance hall, living room, kitchen, bedroom/dining room and shower room on the ground floor with a further bedroom and bathroom located on the first floor.
From the living room you have direct access to a private patio area which in turn leads to the beautifully landscaped communal gardens including a croquet lawn.
Residents' families also have access to the overnight guest room which is bookable in advance via the development warden. GROUND FLOOR: ENTRANCE PORCH: Covered porch with a large storage cupboard.
External Light. ENTRANCE HALL: Part glazed door opening into the entrance hall. Stairs to the first floor landing. Under stairs storage. Radiator. Telephone point. Doors to...
KITCHEN: Fitted with an attractive range of floor and wall units inset with a stainless steel sink and drainer with mixer tap.
Freestanding appliances include a 4 ring electric cooker with extractor fan above, fridge/freezer and washing machine. Double glazed window to rear aspect. Radiator. Part tiled walls.
LIVING ROOM: Double glazed window and door opening to the private patio area. TV point. Telephone point. Radiator. DINING ROOM/BEDROOM 2: Double glazed window to front aspect. Radiator. TV point.
SHOWER ROOM: White suite comprising of a hand wash basin and low level WC. Separate shower cubical with a Mira shower unit. Double glazed window to front aspect. Heated towel rail. Part tiled walls.
FIRST FLOOR: LANDING: Stairs from the ground floor. Storage cupboard. Velux window. Doors to... BEDROOM 1: Double glazed window to rear aspect.
Two storage cupboards with hanging rails and additional shelving. Radiator. Telephone point.
BATHROOM: White suite comprising of a panelled bath with mixer tap and hand held shower attachment, wash basin inset into a vanity unit and low level WC. Heated towel rail. Velux window.
Part tiled walls. Large storage cupboard housing the hot water tank with additional shelving above. OUTSIDE: PRIVATE PATIO AREA: South facing patio. Retractable sun awning. Outside tap. Outside light.
Storage cupboard housing the gas boiler. COMMUNAL GARDENS: The property is surrounded by beautifully landscaped communal gardens.
PARKING: Within the development are multiple resident and visitor parking areas. ADDITIONAL INFORMATION: Lease: Upon completion a new 99 year lease will be issued.
Ground Rent: Nil Service Charge: £6,286.59 per annum to include all internal and external maintenance, future maintenance fund and management fee.
Managing Agent: Retirement Lease Housing Association ***Please note residents must be Over 60 and no pets are permitted***
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.
Area
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FAQ
About Tower House Close, Cuckfield, RH17
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