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See how verdicts work1-bedroom flat · RH16 1XQ
Sold STCListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WATCH THE VIDEO | Guide Price £230,000 - £250,000 | This one bedroom flat boasts its own 75ft private rear garden and is located in a prime position for the mainline station.
Guide Price £230,000 - £250,000 - The Apartment...
- This ground floor GARDEN apartment forms part of an attractive, bay fronted Victorian semi-detached and is located in a prime location for Haywards Heath’s mainline station.
The flat enjoys its own secure private entrance and private outside space in the form of a 75ft garden with large expanse of lawn and paved terrace – perfect for ‘al-fresco’ dining.
Internally, the accommodation is well-proportioned and includes a hallway with airing cupboard, sitting/dining room with engineered wood flooring, modern fitted kitchen with appliances, lobby, double bedroom with bay window and a contemporary bathroom with overhead ‘Aqualisa’ shower.
Further benefits include gas central heating, double glazed windows throughout and neutral décor.
One big benefit is the 50% portion of the freehold with the remainder of a 999 year lease, meaning there are minimal maintenance charges. To the front is driveway parking for one car. The Location...
- Mill Green Road is conveniently located within a short walk of Haywards Heaths mainline train station with its fast and regular services to London (Victoria/London Bridge in approx 47 mins), Brighton and Gatwick International Airport.
By car, these areas can be easily accessed via the A272 and A23(M) with the latter lying 5.5 miles west at Warninglid.
Haywards Heath town centre with its extensive range of shops, cafés, bars and restaurants is less than one mile distant.
'The Broadway' is the buzzing social centre of the town, is less than a mile distant and offers Cafe Rouge, Cote Brasserie, Pizza Express and a range of popular independent bars.
Also within walking distance is Waitrose and Sainsbury's Superstores and Dolphin Leisure Centre.
Information - Tenure: Leasehold - 50% portion of the freehold Lease: 999 years Maintenance: Split 50-50 with first floor flat Local Authority: Mid Sussex District Council Council Tax Band: 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.
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About Mill Green Road, Haywards Heath
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