2-bedroom flat · RH10 7PW
Let agreedListed 113 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 bedroom flat available exclusively through Intermediate Market Rent Rent £1160 per calendar month Intermediate Market Rent with L&Q Intermediate Market Rent (IMR) is scheme designated to help you save money by offering rents at 80% of a similar property on the open market.
The savings you make on the discounted rent can then be used towards a deposit for your first home.
With reduced monthly payments, you'll have more room to build up your savings towards a deposit for your first home.
To be eligible for in Intermediate Market Rent home, you must: Have the right to rent - proven by possession of British/EU/eea Citizenship or a valid UK residency visa Be able to provide one month's rent in advance and five weeks' rent as a tenancy deposit Meet the minimum income and affordability standards - this will depend on the price of the home you are interested in Minimum income for this property is £47,027.03 Minimum income requirements should be used as a guide and can vary depending on a household's circumstances and financial commitments To rent an IMR home with us, you must not: Already own a property or be in the process of buying.
Have a household income that exceeds £75,000. Have an adverse rental history, for example, rent arrears or damage to a property.
Have a history of bankruptcy, defaults which include late payments, county court judgments (CCJs) or Individual Voluntary Agreements (IVAs).
Speak to our Lettings Associates to find out more and book your viewing today Local Area Information Crawley is regarded as a well-connected and thriving town within West Sussex, offering a wide range of shops, amenities and leisure facilities, with this location conveniently positioned close to the town centre and local neighbourhood services.
Known for its modern layout as a designated New Town, Crawley benefits from a variety of green spaces, parks and nearby countryside, ideal for walking, cycling and outdoor activities.
Crawley railway station provides regular direct services to London Victoria and London Bridge, as well as Brighton in the opposite direction, making it an excellent choice for commuters.
The town also benefits from immediate access to the M23 motorway and is home to Gatwick Airport, one of the UK's major international airports, offering extensive travel connections both within the UK and overseas.
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.
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
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