2-bedroom house · RH19 2EN
Sold STCReduced £5k (−1.4%) on 2 SepListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £375,000 - £400,000 This spacious, two double bedroom semi-detached family home is ideally situated within a sought after area of East Grinstead.
The Victorian era home offers versatile accommodation arranged over two floors and is just a short walk to local schools, town centre and mainline station.
The ground floor briefly comprises: Entrance hall; dining room with a window to the rear garden a plenty of space for a 6-seater dining set; living room with feature bay window to the front aspect and a wood burning stove; modern kitchen with a range of wall and base level units, sink and drainer, 4-ring gas hob with electric fan oven and a door leading to the rear garden; downstairs bathroom with low-level WC, wash hand basin with vanity, heated towel rail and a bath with overhead shower; The first floor comprises: Master bedroom with window to rear garden; double guest bedroom overlooking the front aspect with access to the large expanse of loft space above.
The loft would greatly benefit from a conversion/extension to make room for further living accommodation (STPP).
Externally, the front of the property utilises on street parking but could potentially accommodate driveway parking. The rear garden can be accessed via a side entrance gate.
The South Easterly facing rear garden is mainly laid to lawn with a patio seating area abutting the rear of the property and a large timber shed and a children’s playhouse.
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 16 Dormans Park Road, East Grinstead
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