2-bedroom flat · RH12 1ST
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATION Prewetts Mill is set in an ultra-convenient location within a few minutes' walk of Horsham's thriving town centre with its wealth of national and independent retailers, as well as a large selection of restaurants and coffee shops and the new John Lewis/ Waitrose store.
The property is also within a short walk of Horsham bus station and is easily accessible to the mainline station, with regular services to London Victoria.
In addition, all main road networks are close at hand including the A281, A24, A264 and junction 11 on the M23 THE PROPERTY This luxury two bedroom duplex apartment sits across three floors, offering a fantastic finish and lots of natural light throughout.
The property comprises, Entrance hall, WC, Open plan living Kitchen/Living room with doors out onto the balcony over looking the picturesque River Arun.
The kitchen features a range of built in appliances. To the first floor is the master bedroom and the stylish shower room. To the second floor is the second bedroom.
The property is unfurnished and available for occupation now. OUTSIDE The apartments offer a landscaped setting alongside the River Arun and views over Denne Hill.
The property benefits from one allocated parking space.
ENTRANCE HALL WC LIVING/ KITCHEN 19' 0" x 12' 5" (5.79m x 3.78m) FIRST FLOOR BEDROOM 1 12' 5" x 11' 7" (3.78m x 3.53m) BATHROOM BEDROOM 2 12' 5" x 10' 2" (3.78m x 3.1m)
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
Agent & docs
FAQ
About Worthing Road, Horsham
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