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See how verdicts work2-bedroom flat · RH19 1BA
For saleReduced £10k (−3.7%) on 25 JunListed 341 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £270,000 - £280,000 A well presented and modern, two double bedroom, two bathroom, second floor apartment which is ideally situated within a short walk of East Grinstead town centre and train station.
The property offers 630 sq ft of living space and benefits from an allocated parking space and a long lease.
The living accommodation briefly comprises: Intercom phone system and lift access to all floors; entrance hall with a storage cupboard; family bathroom with WC, wash hand basin and bath with an overhead shower; dual aspect master bedroom with fitted wardrobes and en suite shower room with a WC and wash hand basin; double guest bedroom with fitted wardrobes.
Open plan living area which has a modern fitted kitchen with a range of wall and base level units, 4 ring induction hob, electric oven, fridge freezer, microwave, dishwasher, washing machine and a Juliet balcony completes the living accommodation.
Externally, there is an allocated parking space. 127 years from 2019,121 years as of 2025 Annual service charge – £1501.31 Annual ground rent - £0 EPC Rating: D
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About Flat 19, Farringdon House Wood Street, East Grinstead
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