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See how verdicts work2-bedroom flat · RH12 1EQ
For saleReduced £25k (−5.3%) on 20 JunListed 370 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £475,000 - £500,000 This stunning and individual two bedroom, two bathroom, split level apartment is situated in a central Horsham position with immediate access to the shops, restaurants and local pubs as well as the nearby mainline train station and Horsham Park.
Nearby countryside is also accessible along with commuter routes to London, Gatwick and Brighton.
The main reception hallway welcomes you, it offers a space for storage and opens into a generous and well proportioned open plan kitchen/sitting/dining room, there are elevated views over Horsham Carfax from the large arched window which also provides a light and airy environment.
This versatile living and dining space has the potential for many configurations and has open access to the modern kitchen which has a range of wall and base cabinets with a selection of quality integrated appliances, there is also a sit up stand alone preparation island that doubles up as a sociable sit up breakfast bar.
A shallow staircase leads down from the main reception hallway into a very generously proportioned bedroom which has skylight windows and a further aspect overlooking Horsham Carfax, it has a large walk in wardrobe and a well equipped ensuite bathroom with a full suite that includes a walk-in shower, separate bath, a low-level WC and a wash hand basin - all finished to a modern style and complimented with quality chrome fittings.
A further bedroom is situated just off of a second shallow staircase and also has generous proportions featuring a walk-through dressing room that leads to an en-suite shower room which also features a stylish, modern, and contemporary suite.
Further accommodation continues with a large walk-in storage cupboard and a downstairs cloakroom. Agents Note - Lease granted in 2015 for 125 years - 115 years remaining.
Annual ground rent £200 per year rising to £3200 by the end of the term. Annual service charge £2027.16 plus building insurance of £569.80.
EPC Rating: C Location Horsham is a vibrant market town with great transport links and excellent educational facilities.
There is the superb Horsham Park and also the nearby Warnham Nature Reserve, other countryside aspects also include the Downslink Cycle Path.
The schooling caters for state and public sectors and the main schools are Bohunt Academy School, Millais, Forest, Tanbridge, Collyers, Christ’s Hospital and Farlington.
There is a thriving restaurant and café scene, from familiar chains to independent and award-winning eateries.
The Carfax markets offer local produce and street food every Thursday and Saturday and there are various themed events throughout the year.
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
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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.
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FAQ
About Flat 5, 49 Carfax, Horsham
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