1-bedroom flat · BN6 8JU
Sold STCListed 140 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom refurbished and well-presented flat, in a great location close to all amenities and within easy reach of the mainline station, countryside walks and Parklands Road Greenspace and allotments.
Benefits include allocated parking and a communal garden.
Location Heron Tye is a purpose built apartment block built circa 1970 situated mid-way along Parklands Road and is set amongst Edwardian and Victorian terraced homes.
Nestled beneath the South Downs, Hassocks is a vibrant village that provides an excellent array of local amenities which include a variety of shopping facilities, eateries, post office, health centre, nurseries and schools for all age groups.
Adastra Park, which is located close to the high street, is a hub of activity featuring the village hall, social club, sports areas and children's play parks.
Furthermore, at the top of the high street lies the main line railway station with regular services to London and the south coast.
Surrounding the village is an abundance of stunning countryside and views of the South Downs national park, perfect for those seeking a semi rural location.
Accommodation COMMUNAL ENTRANCE HALL Internal stairs down to car port, and communal gardens with rotary airers for residents’ use. Stairs Rising to FIRST FLOOR.
Door to: HALLWAY A spacious area, built-in storage cupboard housing the hot water cylinder, further built-in storage with slatted shelving. Wall mounted cupboard housing the electric consumer unit.
LIVING ROOM A bright and spacious double aspect room, with a living area one end, and built in desks the other as a designated work from home space. ‘Heatstore’ radiator.
KITCHEN Refurbished summer 2024 with fitted cabinetry in a modern grey gloss finish to include wall, base units and drawers.
Laminate worksurface over with inset composite one and half bowl sink, drainer and mixer tap over. Spaces for freestanding cooker with fitted extractor above, washing machine and fridge freezer.
Metro style white wall tiles to splashback areas, extractor, obscured glass window. BEDROOM A double bedroom with a rear aspect over the communal grounds, ‘Heatstore’ radiator.
BATHROOM A white suite comprising panel enclosed bath, mixer tap and ‘Triton Zenica’ electric shower and apparatus glazed shower screen. Pedestal hand basin, close coupled toilet.
Ceramic wall tiling to splash back areas, vinyl floor tiles. Garden & Parking COMMUNAL GARDENS Laid to lawn with flower and shrub borders, with a pleasant backdrop of mature trees.
Two rotary clothes airers for residents’ use.
COVERED ALLOCATED PARKING SPACE Additional Information COUNCIL TAX BAND: B LEASEHOLD PROPERTY MANAGING AGENT: Harper Stone Ltd LEASE EXPIRY: 25/03/2124 (97 years remaining) PETS: Allowed with prior permission.
GROUND RENT: £39.60pa (paid per quarter) MAINTENANCE: £1,746.54pa
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Parklands Road, Hassocks, West Sussex, BN6 8JU
Explore nearby
