2-bedroom flat · RH12 4GA
For saleListed 49 days
Opportunity summary
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About
Location - Durrants Village is a luxury, lifestyle development in the heart of the Sussex countryside of high quality apartments and cottages, set in 30 acres of landscaped grounds exclusively for the over 55s.
The hamlet of Faygate is located within a green belt area to the east of the pretty market town of Horsham.
In recent years the Horsham district has been consistently named in the top 10 places to live in the UK.
It has rural surroundings, historic buildings and an abundance of shopping and leisure facilities.
Horsham is easily accessed by road, as junction 11 of the M23 motorway is a short drive from Durrants Village, making the popular resorts of the south coast and London easy to reach by car.
Brighton is a comfortable drive away and Gatwick and Heathrow airports are also within easy reach.
The onsite team take care of the management of the Village and provide a range of services including maintenance, gardening, laundry and cleaning, to give residents all the independence and freedom of living in their own home with the added security of knowing that someone is around.
Property - On entering through the secure ground floor door, either stairs or a lift takes you up to the 1st floor, then your own front door leads into your hallway.
From here doors open to all rooms, including the 18'8 x 12'5, double aspect living room, which is flooded with natural light and has French doors opening onto a balcony which overlooks the croquet lawn.
Double doors lead through to the beautifully styled large kitchen with solid granite worktops and is surrounded by top quality units with excellent storage space and boasts a full range of integrated Siemens appliances.
There is a dining area at one end, which sits within a large, south facing bay window.
This large apartment boasts two large double bedrooms, both with built in double wardrobes, and the principal bedroom offers a fully fitted stylish wet room with shower, Villeroy and Boch washbasin and WC, heated towel rail and triple mirrored cupboards.
Completing the accommodation is the bathroom, which is also fully fitted with a bath and shower, Villeroy and Boch basin and WC, mirrored cupboard and a heated towel rail.
Outside - At the heart of Durrants village is the clubhouse, which is a perfect place to meet up, drink or dine.
The facilities include a swimming pool and gym, restaurant with on site chef, bar, library room, snooker room, craft and hobbies room.
There is a large reception area which leads onto a beautiful lounge area and there is also a visitors' guest suite upstairs.
The summer house and decking area overlooking the lake is a popular place to relax and meet up.
Residents can also walk in the acres of woodlands and peaceful meadows which are surrounded by open countryside.
Additional information Tenure: Leasehold Lease Term: 125 Years from & including 1 February 2012 Service Charge for 2026: £10,332 per annum (paid in quarterly amounts) Service Charge Review Period: Annually Ground Rent: £330 paid for 01/04/26 - 31/03/27 Ground Rent Review Period: Annually.
[nb.
The subject of a Government review to cap ground rents at £250 in future] 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
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 8 Martlet House, Horsham
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