1-bedroom house · RH12 1AX
Sold STCListed 135 days
Opportunity summary
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About
LOCATION Jasmine Court enjoys an enviable position in the centre of Horsham, just moments from the town's excellent range of shops, cafes, restaurants and amenities.
Horsham Park is directly accessible from the development's communal gardens, providing beautiful green open space for leisurely walks and relaxation.
The town offers a thriving mix of independent and national retailers, including a John Lewis & Waitrose store, together with a cinema, theatre and leisure centre.
Excellent transport links are available with Horsham railway station providing services to London Victoria and London Bridge, whilst nearby road networks offer convenient access to Gatwick Airport, Brighton and the wider South East.
PROPERTY Situated on the ground floor of the ever-popular Jasmine Court retirement development, this one-bedroom apartment offers comfortable, secure and low-maintenance living exclusively for the over 60s.
The accommodation is well arranged and begins with an entrance hall providing access to two useful storage cupboards.
The bright and spacious lounge/dining room offers ample room for both seating and dining furniture, creating a welcoming space to relax or entertain visiting family and friends.
The kitchen is fitted with a range of wall and base units, offering practical storage and workspace together with room for an electric cooker and fridge freezer.
The generous double bedroom benefits from built-in wardrobe storage and enjoys a pleasant outlook, whilst the shower room has been adapted as a wet room, featuring a walk-in shower, wash hand basin and low-level WC.
Residents benefit from an on-site manager, secure entry system, 24-hour emergency pull cords throughout the apartment and access to a welcoming communal residents' lounge, creating a friendly and supportive environment.
The property is offered with no onward chain and provides an excellent opportunity for those seeking independent retirement living in a central Horsham location.
The apartment is available at £90,000 with the current lease term, or can be purchased with an extended lease for £125,000, providing flexibility to suit a range of buyers.
OUTSIDE & PARKING Jasmine Court benefits from beautifully maintained communal gardens, providing attractive outdoor seating areas and a peaceful environment for residents to enjoy throughout the year.
A particular feature of the development is the direct access into Horsham Park, allowing residents to enjoy one of the town's most popular green spaces right on their doorstep.
The development also offers a communal residents' lounge, secure entry system and on-site management.
Whilst the property does not have allocated parking, there is visitor parking available within the development and excellent access to public transport and town centre amenities.
ADDITIONAL INFORMATION Tenure: Leasehold Lease Term: 99 Years From 1 June 1984 Service Charge: £4,139.19 per annum Service Charge Review Period: tbc Ground Rent: £tbc per annum Ground Rent Review Period: tbc Managing Agents: First Port Property Services AGENTS NOTE We strongly advise any intending purchaser to verify the above with their legal representative prior to committing to a purchase.
The above information has been supplied to us by our clients/managing agents in good faith, but we have not necessarily had sight of any formal documentation relating to the above.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 Jasmine Court, Horsham, West Sussex
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