2-bedroom semi-detached house · RH19 3TH
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £400,000 - £425,000 A brick built semi detached house within the popular village of Ashurst Wood, on the East/West Sussex border, with its local facilities situated between the larger village of Forest Row and the major town of East Grinstead, with its rail station to Victoria/London Bridge via East Croydon, both accessible by buses.
Crawley, Tunbridge Wells and Gatwick Airport/Station and the M23 motorway are all within twenty miles.
Forest Row has a wide range of specialist shops/stores, cafes and restaurants, whilst the local area is well represented with both private/state schools.
Sports amenities locally include various golf courses, horse racing circuits at Lingfield & Brighton, together with local football/cricket/rugby/hockey/tennis clubs.
The house comprises one of a pair of semi detached houses built of brick under a slate roof in Hammerwood Road with off street parking and an enclosed well laid out garden.
The property is arranged over three floors with an overall floor area of nine hundred square feet ( eighty three square metres)> The ground floor has a double aspect living room with a brick fireplace and wood burning stove, and an adjacent dining room.
Off the hall is a kitchen with a good range of worktops with base cupboards and drawers under and further wall mounted cupboards. Space and plumbing for dishwasher, inset electric hob.
In addition there is a utility room and cloakroom. On the first floor there is a bedroom to the front and a good sized shower room with large shower unit, w.c. Suite and hand basin. Built in cupboard.
Stairs to the top floor with bedroom 2. The property benefits from gas fired central heating and double glazed windows. EPC rating ‘D’.
Outside is a front garden with lawn, hedging/fencing and parking space. The rear garden is down to lawn with planted colourful borders, and a Summerhouse.
There is a broad paved terrace adjacent to the house and the garden has a pleasant north west aspect.
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
Agent & docs
FAQ
About 61 Hammerwood Road, East Grinstead
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