2-bedroom flat · RH19 4HF
Sold STCListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £375,000 - £400,000 A stunning and extremely well proportioned apartment with history dating back to the early 1900’s.
This property underwent a sympathetic conversion to nine properties over 30 years ago and still boasts a wealth of Edwardian features, including high ceilings and large windows to create light and airy living space, totalling nearly 1000sq ft.
Situated in an enviable location overlooking woodland, Martyns Place is conveniently located within easy walking distance of East Grinstead town centre and local shops.
The well presented accommodation briefly comprises: spacious ‘L’shaped entrance hall with cupboard storage; dual aspect living/dining room with a bay window overlooking the gardens, feature fireplace and recessed decorative display units; fitted kitchen/breakfast room with solid wood units and oak parquet flooring; master bedroom outlooking to the side aspect; double guest bedroom with a view to the front aspect; family Chadder & Co bathroom with underfloor heating, low-level WC, wash hand basin, bath with mixer taps and an overhead shower completes the accommodation.
Externally, the property is approached via a private drive leading to two private parking spaces adjacent to the apartment.
Rear access is provided to the private paved patio area to the rear and side of the property with space for seating, plus an extremely well maintained and attractive communal garden, which is overlooked by the property.
Lease Terms: Remaining term - 955 years. Service charge - £175 PCM. Ground rent - £250 per annum.
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
Agent & docs

FAQ
About Fairfield Road, East Grinstead, RH19
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