2-bedroom terraced house · RH11 7UA
Listing removedListed 402 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
King & Chasemore are delighted to present to the market this delightful two-bedroom house with the unusual benefit of having a garage tucked around the corner.
The property is located in the popular Northgate, ideal for easy access to Manor Royal and Gatwick.
The town centre and Crawley train station is slightly over a mile away whilst Three Bridges station is just over a mile and a half.
We feel the house is architecturally quite stunning with a circular open plan ground floor, switch-back staircase and dual aspect bedrooms with floor-to-ceiling windows and vaulted ceilings.
The front door to the property is located in a pedestrianised area, ideal for those with ‘escaping’ children!
Upon entering, you will be met with a large hallway with a storage cupboard almost 6ft deep! To the left is a u-shaped modern 26ft kitchen/diner finished in white gloss units.
The dining space links through an opening with a full wall of glazing to the lounge which can fit the largest of sofas.
Climb the switch-back stairs to a landing where the large downstairs hallway cupboard is mirrored upstairs but this time with glazed walls to create a study space.
The two double bedrooms are equal sized doubles with one benefitting from a fitted double wardrobe.
Both bedrooms with vaulted ceilings boast floor to ceiling windows at one end and elevated windows to the other. To the rear is a very manageable garden made up of a patio area and an artificial lawn.
It has a lovely safe feel thanks to being fully contained by fencing on two sides and a pretty brick wall to the rear.
The garage is located amongst others a very short stroll away and there is further parking available on nearby streets.
If you want to leave the car at home, then the No.10 Fastway bus stop is just 200ft away offering 24 hour transport to Gatwick.
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 32, Turnpike Place, West Sussex
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