2-bedroom flat · RH13 5LG
Sold STCListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATION This spacious Split Level Maisonette is set within an enviable location, just 0.8 miles distant from the town centre.
Horsham is a thriving historic market town with an excellent selection of national and independent retailers including a large John Lewis and Waitrose store.
There are twice weekly award winning local markets in the Carfax in the centre of Horsham for you to stock up on local produce.
East Street, or 'Eat Street' as it is known locally, has a wide choice of restaurants ranging from independent eateries such as Monte Forte and larger chains, including Wagamama, Pizza Express and Cote.
You are spoilt for choice for leisure activities as there is a leisure centre with swimming pool close to Horsham Park whilst the nearby Capitol has a cinema and theatre.
For those needing to commute, Horsham Station is a short stroll away (0.3 miles), and has a direct line to Gatwick (17 minutes) and London Victoria (56 minutes) and there is easy access to the M23 leading to the M25.
The property also sits within close proximity of some of the area's most popular schools, which includes Kingslea Primary, Heron Way Primary, Forest and Millais Secondary Schools.
PROPERTY The private front door of this generous Two Double Bedroom Home opens into a Hall, which has stairs rising to the Top Floor and doors opening to the Living Room, and the stylish Kitchen, which is fitted with a modern range of floor and wall mounted units, with space for a selection of appliances.
The bay fronted Living/Dining Room, measures over 18ft in length, and is flooded with natural light, making it the perfect space to relax or entertain.
Upstairs, you will find the Family Bathroom, with an attractive white suite and two generous Double Bedrooms, both with built in Wardrobes.
OUTSIDE The development is surrounded by attractive, well kept gardens which are regularly enjoyed by the residents, with expanses of lawn and seating areas.
ADDITIONAL INFORMATION Tenure: Share Of Freehold Full Lease Term: 999 years from 5 September 1997 Annual Ground Rent: N/A Ground Rent Review Period: N/A Monthly Service Charge: £95 Service Charge Review Period: tbc Council Tax Band: B 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.
Area
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FAQ
About Oakhill Road, Horsham
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