2-bedroom flat · RH19 1BA
For saleReduced £10k (−3.4%) on 9 SepListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £290,000 - £300,000 This stunning, two double bedroom, third floor apartment is ideally situated within a short walk of East Grinstead town centre and train station.
The property offers nearly 800 sq ft of living space and benefits from two allocated parking spaces, an ensuite to the master bedroom and a Juliet balcony.
The living accommodation briefly comprises: An intercom phone system and lift access to all floors; an entrance hall with a storage cupboard; a family bathroom with low-level WC, wash hand basin and bath with an overhead shower; master bedroom with fitted wardrobes, an en suite shower room with a WC and wash hand basin and a South facing Juliet balcony; double guest bedroom with fitted wardrobes and a view to the rear aspect; open plan living area which has a modern fitted kitchen with a range of wall and base level units, 4 ring induction hob, electric oven, fridge freezer, microwave, dishwasher, washing machine and a view out to the rear aspect concludes the accommodation.
Externally, there are two allocated parking spaces. 120 year lease remaining Annual service charge – £1568pa Annual ground rent - £0 EPC Rating: B
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 Flat 32, Farringdon House Wood Street, East Grinstead
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