2-bedroom terraced house · RH13 9SP
Listing removedListed 154 days
Opportunity summary
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About
A two bedroom terraced home, in need of some cosmetic updating, backing onto a wooded copse, and situated within walking distance of sought after local schools and other village amenities.
The accommodation briefly comprises on the ground floor of an entrance hall with coat hanging space, living room and kitchen/diner. To the first floor there are two bedrooms and a modern bathroom.
GCH and double glazing throughout. Outside there is a secluded low maintenance rear garden and two allocated parking spaces.
The village itself boasts a number of amenities such as Lintot Square offering a variety of shops, bars and restaurants.
Also the village further benefits from two schools and a 90 acre country park as well as excellent transport links with easy access to the A24, A272, A264 and beyond.
The thriving historic market town of Horsham is just a short drive or bus ride away, which offers an excellent selection of national retailers and restaurants. No ongoing chain.
Entrance Hall Coat hanging space Stairs rising to first floor Door to living room Kitchen/Diner 3.40m (11'2") x 3.02m (9'11") Range of base and wall units Work surfaces Splashback tiling Stainless steel sink unit with drainer Oven Space and plumbing for washing machine and fridge/freezer Wall mounted boiler Space for dining table and chairs Sliding patio doors leading to the rear garden Living Room 3.86m (12'8") x 3.40m (11'2") Front aspect room Under stairs recess Storage cupboard Door to kitchen/diner First Floor Landing Door to all rooms Bedroom One 3.40m (11'2") x 3.02m (9'11") Rear aspect double bedroom Airing cupboard Bedroom Two 3.40m (11'2") x 2.74m (9'0") Front aspect bedroom Bathroom 2.74m (9'0") x 1.50m (4'11") Modern white suite with coordinating wall tiling and vinyl flooring Panelled bath with shower over Pedestal wash hand basin and low level WC Access to loft space Rear Garden Secluded rear garden backing onto a wooded copse Area of artificial grass with two paved patio areas Enclosed by wooden fencing with gated rear access Timber shed Allocated Parking Two allocated parking spaces One located to the front of the property and the other to the rear Front Path to front door and paved area
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
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FAQ
About Timber Mill, Southwater, Horsham
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