2-bedroom flat · RH15 0UA
Listing removedReduced £50 (−3.7%) on 14 JulListed 124 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modernised first floor apartment situated in a convenient position within this sought after purpose built development The property offers spacious accommodation comprising living room, a modernised kitchen/dining room two bedrooms and modern bathroom with white suite and electric shower over bath .
Outside this apartment is surrounded by beautifully kept communal gardens and has the advantage of attractive outlooks to the front and rear.
Further attributes include replacement double glazing and a garage located in a nearby block.
EPC 'C' Council Tax Band 'C' LOCATION Benjamin Lodge is located off Kingsway and is conveniently located to take advantage of all Burgess Hill's comprehensive facilities.
Internal viewing is highly recommended, strictly by appointment through Martin & Co Estate Agents Rent Excludes the tenancy deposit which is £1,384.00 (equivalent to 5 weeks rent) A Holding Deposit of £276.00 (equivalent to one weeks rent) based on the advertised rent, is required to reserve this property.
Minimum Term of tenancy is 1 year A holding deposit equivalent to 1 weeks rent will be required to reserve the property while referencing checks are being carried out.
With the tenants' consent this holding deposit will be refunded against the first month's rent.
The holding deposit can be retained if the applicant provides false or misleading information, fails Right to Rent checks, withdraws from the property or fails to take reasonable steps to enter into the tenancy.
In accordance with the Tenant Fees Act applicants will be required to enter into the tenancy agreement no more than 15 days after paying the holding deposit.
Failure to do so for any of the afore mentioned reasons may result in you losing your holding deposit. An extension to the deadline may be entered into if agreed in writing by all parties.
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.
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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
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