3-bedroom flat · RH13 0NW
For saleListed 213 days
Opportunity summary
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About
A beautifully presented three bedroom first floor apartment in this sought after location on the edge of Horsham in Christs Hospital.
- The property offers spacious accommodation including lovely sitting room with doors leading to a balcony, kitchen, three bedrooms with the principle bedroom benefitting from ensuite and spacious entrance hall.
The property also benefits with views over the well maintained estate grounds and pond. The property is located in a purpose-built retirement development for the over 55s/60s.
The property offers spacious accommodation including lovely sitting room with doors leading to a balcony, kitchen, three bedrooms with the principle benefitting from ensuite and spacious entrance hall.
Management services are provided by Cognatum Estates, a not-for-profit organisation and one of the UK's leading companies in retirement housing.Bluecoat Pond, situated on the former Christ’s Hospital School dairy site, takes its name from the long blue coats still worn by the students.
The Victorian pond and water tower are the centrepiece of the estate’s spectacular courtyard, with the pretty brick properties surrounded by finely-landscaped gardens and grounds.Although it doesn’t officially hold village status, Christ’s Hospital does benefit from a railway station near to the estate.
Christ’s Hospital School also offers a hugely varied programme of high-quality music and drama performances, held in their purpose-built theatre designed by the same architect responsible for London’s Young Vic.
The town of Horsham is only a short drive away and still retains its old-world charm with a traffic-free centre, as well as an excellent range of shops, pubs and restaurants and an arts centre with a theatre and cinema.
The local area offers many opportunities to enjoy the countryside and wildlife, with Warnham Nature Reserve, Horsham Park, Huxley's Birds of Prey Centre and Sumners Ponds all no further than seven miles from the estate.Cognatum Estates maintains, repairs and insures all the buildings, arranges the window cleaning and refuse collection and tends to the gardens and grounds thereby freeing owners and residents from these responsibilities.
There is a personal alarm system in each property and resident estate managers are on hand to provide support and help when needed, making this an ideal 'Lock Up & Leave' property.
There is a laundry facility on site and a guest suite provides comfortable accommodation for family and friends.
A minibus is available to take residents on regular shopping and other trips.The cost of providing these services is shared equally between all properties.
There are no restrictions on owning a property except that one resident must be over 55 years of age.150 year lease (from 1997 OR 2005).
No ground rent.Please Note: Upon resale of the property, Cognatum Estates management company charge £500 plus VAT for the leasehold pack, payable by the vendor. EPC Rating: D
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.
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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.
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About Bluecoat Pond, Christs Hospital, RH13
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