1-bedroom house · RH12 1SS
Listing removedListed 99 days · slow let
Opportunity summary
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About
We are proud to offer this newly refurbished one-bedroom second floor apartment in this popular retirement development of Homestream House in Horsham.
The accommodation includes a spacious living room overlooking the garden and the River Arun, modern kitchen with a fitted oven / hob & extractor and a free-standing fridge/freezer.
Bedroom features a built-in wardrobe and benefits from a rear aspect, hallway with a large storage cupboard and a modern bathroom comprising of a new suite which is fully tiled.
The apartment has been newly refurbished throughout and has new carpets, curtains and lights fittings installed.
Homestream House is an independent living retirement development for those aged 60 and over.
The development offers a wide range of on-site services and facilities, which include lift to all floors, an onsite Manager (9:00 to 1:00pm weekdays), a comfortable Residents` Lounge and kitchen, a Guest Suite with shower room for any guests that may choose to stay the night, a Laundry Room, communal garden and parking on a first come first served basis.
The property is located within a few hundred meters of Horsham town centre and has the benefit of Sainsbury, Lidl and Waitrose also being within 250m.
The Town Centre has lots to offer, including, Restaurants, Cafes, a Cinema, extensive shopping, and Horsham main line station, which offers services to London Victoria and the South Coast.
Council Tax Band: Holding Deposit: £300.00 Over 60`s retirement development One double bedroom Newly refurbished throughout Views over the River Arun Residents` lounge and laundry room Unallocated off st parking Door entry system with CCTV monitoring
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 32, Horsham
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