1-bedroom flat · RH13 5AE
For saleListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated along the Kings Road approximately one mile from Horsham station and within walking distance of local Tesco Express, is this two double bedroom top floor flat which forms part of this well regarded, age restricted development designed for those aged 55 and over.
This particular flat is only one of two which enjoys the benefit of having its own private balcony.
Managed by McCarthy and Stone, the development has its own scheme manager onsite and features social communal areas which include a large lounge with residents kitchen, laundry room and buggy store.
There are well maintained and established communal grounds for use of the residents along with non-allocated parking and visitors parking spaces.
The accommodation comprises: Communal Front Door With security entry-phone system leading to the communal areas, stairs and lift to 2nd Floor Level Private Front Door to l-Shaped Entrance Hall With double glazed side aspect, providing useful study area, night storage heater, walk-in cupboard housing Gledhill electric off peak boiler, slatted shelving.
Living Room Double glazed double aspect to the front and side, double glazed door to the balcony, which overlooks the communal gardens and Kings Road, night storage heater, TV/FM and telephone points, glazed double doors to the Kitchen Double glazed side aspect.
Fitted with a range of base and wall mounted cupboards and drawers in light wood effect and having complementing worktop surfaces with a ceramic tiled splashback, AEG hob with filter hood over, AEG eye level oven, fridge and freezer, pelmet lighting, Dimplex fan heater.
Bedroom 1 Double glazed front aspect, wall mounted Dimplex convector heater, telephone point, TV/FM point, mirrored double width wardrobe cupboard.
Bedroom 2 Double glazed front aspect, wall mounted Dimplex convector heater.
Bathroom Fitted with a white suite comprising panel bath, vanity unit with inset wash hand basin and cupboard under, mirror and shaver light, mirrored cabinet, shower cubicle with chromium thermostatic shower control, wall bracket and hand shower, wall mounted Dimplex fan heater, tiled walls.
Outside Well maintained communal grounds with seating areas. Parking There is non allocated Residents parking along with designated visitor parking spaces.
Tenure Lease - 125 years from 01/02/2008 Service Charge - £2,575.27 half yearly Ground Rent - tbc Council Tax Band - D Agent's Note: We strongly advise any intending purchaser to verify the above with their legal representative prior to committing to a purchase.
The above information has been supplied to us by our clients/managing agents in good faith, but we have not necessarily had sight of any formal documentation relating to the above.
Referral Fees: Courtney Green routinely refer prospective purchasers to Nepcote Financial Ltd who may offer to arrange insurance and/or mortgages.
Courtney Green may be entitled to receive 20% of any commission received by Nepcote Financial Ltd.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About Manton Court,55, Kings Road, Horsham
Explore nearby