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See how verdicts work2-bedroom terraced house · BN44 3BF
Listing removedListed 368 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The house is a mid-terraced building of conventional brick and tile construction with PVCu double-glazed windows with leaded lights.
The property overlooks the attractive rose garden with further well-maintained communal gardens to the rear. There is gas-fired central heating to radiators and early possession is available.
Penns Court is an award-winning development of houses and flats built specifically for retirement (the age qualification to live in the property is 60 years).
The managing agency is responsible for maintenance of the outside of the house and there is an emergency call system with a part-time House Manager.
Close to the High Street where there are shops, Post Office, churches and library. The modern health centre in Tanyard Lane is also convenient.
Penns Court is within the Conservation Area and Steyning is an attractive place for retirement as there are many local recreational amenities.
Approximate distances: Steyning lies at the foot of the South Downs National Park, about eight miles from Worthing, 12 miles from Brighton and 14 miles from Horsham.
Entrance Hall Understairs cupboard. Radiator. Cloakroom Low-level WC. Washbasin. Radiator.
Sitting Room/Dining Room L-shaped 18'5" x 16'4" (5.63m x 4.99m) Ornamental Adam style fireplace. Two wall-light points. Double radiator. French door to small patio.
Kitchen/Breakfast Room 13' x 11'3" (3.98m x 3.45m) Bay window overlooking the rose garden. Range of Formica work tops with inset one and a half bowl sink unit.
Inset Belling electric hob with Philips filter hood over. Range of base and drawer units with matching wall cupboards. Space and plumbing for washing machine. Tall unit housing Hotpoint electric oven.
Integrated fridge and freezer. Cupboard housing Ideal gas-fired boiler providing hot water and central heating. Double radiator.
From the entrance hall, stairs with fitted stairlift lead to the first floor. Landing Walk-in linen cupboard with fitted shelving.
Bedroom 1 11'5" x 9'8" (3.48m x 2.95m) Pair of double wardrobe cupboards. Radiator. En-suite Bathroom Suite of panelled bath with mixer taps and shower attachment. Washbasin. WC.
Double radiator. Fitted medicine cabinet. Bedroom 2 11'4" x 10'9" (3.46m x 3.29m) Pair of double wardrobe cupboards. Double radiator.
En-suite Shower Room Tiled shower recess, Washbasin and WC. Radiator. Light and shaver fitting. Communal Gardens There are attractive communal gardens.
Tenure, Lease and Charges Tenure: The property is leasehold. There is a 99-year lease from June 1989. Ground Rent: £200 per annum (£100 payable half-yearly in June and December).
Maintenance: £2,048.00 per annum (£1,024.00 payable half-yearly in June and December) to include the building insurance, gardening, window cleaning, exterior lighting and Carelink alarm system.
Services and Council Tax Services: All main services are connected. Council Tax Valuation Band 'E'. Important Note 1.
Any description or information given should not be relied upon as a statement or representation of fact or that the property or its services are in good condition. 2.
Measurements, distances and aspects where quoted are approximate. 3.
Any reference to alterations to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. 4.
The Vendor does not make or give, and neither Hamilton Graham nor any person in their employment has any authority to make or give any representation or warranty whatsoever in relation to this property.
5. All statements contained in these particulars as to this property are made without responsibility on the part of Hamilton Graham. Intending purchasers must satisfy themselves on these matters.
Value & comps
No previous sales on record.
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 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 Penns Court, Horsham Road, Steyning, West Sussex, BN44 3BF
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