1-bedroom flat · RH13 0PR
For saleListed 85 days
Opportunity summary
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About
Located within the attractive Sumners Ponds development in the popular village of Barns Green, this beautifully presented one-bedroom ground floor apartment offers an affordable route onto the property ladder through the Landspeed Shared Purchase Scheme.
The apartment features a welcoming entrance hallway, with access to all rooms. The bright open-plan kitchen, living and dining room provides a well-designed space, ideal for modern living.
The contemporary kitchen is fitted with a range of quality units and integrated appliances, including an oven, hob, extractor hood and fridge/freezer.
The spacious double bedroom offers a comfortable and peaceful retreat, while the modern bathroom is fitted with a bath with shower over and glass shower screen, wash hand basin and WC.
The property also benefits from an allocated parking space.
Available through the Landspeed Shared Purchase Scheme, eligible purchasers can acquire a 70% to 75% share of the property, subject to affordability, based on the full market value which is £272,000.
No rent or interest is payable on the remaining share.
A minimum deposit of 5% of the full market value is required at exchange of contracts, together with a reservation fee of £1,000, which will be deducted from the purchase price upon completion.
Sumners Ponds enjoys an idyllic village setting surrounded by open countryside, yet remains conveniently positioned for access to Horsham, offering a comprehensive range of shopping, restaurants, leisure facilities and mainline transport links.
Barns Green itself provides a welcoming village atmosphere with local amenities, a popular public house and a variety of scenic walks close by. Eligibility criteria apply.
Applicants must have a local connection to Horsham District Council or an adjoining local authority through residence, employment or close family, and be unable to purchase the property at full market value.
There is an estate charge of approximately £650 per annum and a service charge of approximately £610.93 per annum. The predicted EPC rating is B. The property is leasehold with a 999-year lease.
To find out more about the Landspeed Shared Purchase Scheme or to request an application form, please contact us.
Please note that the photographs of the kitchen and lounge/diner are taken from another Landspeed property and are for illustrative purposes only.
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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FAQ
About Plot 17 Sumners Ponds, Barns Green
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