1-bedroom flat · RH12 2TB
Listing removedReduced £10k (−4.5%) on 20 JunListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location Situated within the attractive and well-regarded Greenacres development, this property enjoys a convenient position close to Horsham town centre.
The mainline train station is within easy reach, offering direct services to London, making it ideal for commuters.
Horsham itself provides a wide range of shops, restaurants, coffee shops and leisure facilities.
The property is also just a short walk from the picturesque Horsham Park, offering open green space, walking routes and leisure facilities.
In addition, there is easy access to the M23 and surrounding road networks, ensuring excellent connectivity to both London and the south coast.
Property This well-presented top floor apartment offers bright, well-proportioned accommodation throughout.
The property is accessed via a well-maintained communal entrance hall, leading into a private entrance hall with a security entry phone system and two useful storage cupboards.
The spacious living/dining room is a standout feature of the home, benefiting from a south-facing aspect which allows natural light to flood the space throughout the day, creating a warm and inviting environment.
A doorway leads through to the kitchen, which is fitted with a range of units and includes appliances, offering a practical and functional layout.
The double bedroom is a good size and benefits from fitted wardrobes, providing ample storage. The bathroom includes a modern suite with a shower attachment over the bath.
The property further benefits from gas central heating and double glazing, ensuring comfort and efficiency throughout.
Being positioned on the top floor, the apartment enjoys a greater degree of privacy and also benefits from access to loft storage, providing valuable additional space.
Overall, this is an ideal home for a single occupant or couple seeking a well-located apartment within easy reach of the town centre and local amenities.
Outside & parking The property is set within the attractive Greenacres development, surrounded by well-maintained communal grounds with mature trees and established planting, creating a pleasant and peaceful environment.
The development is set back from the road, offering a sense of privacy while still being conveniently located.
The property benefits from an allocated parking space, ensuring ease of parking for residents.
In addition, there is ample visitor parking available throughout the development, making it ideal for guests.
Overall, the setting provides a well-balanced combination of greenery, practicality and convenience for everyday living.
Additional information Tenure: Leasehold Lease Term: From 12 November 2015 until 31 August 2180 Service Charge: £125 per month Service Charge Review Period: Annually Ground Rent: Peppercorn (£0) 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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FAQ
About 73 Greenacres, Horsham
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