2-bedroom flat · RH12 4TN
For saleListed 94 days
Opportunity summary
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About
Location This modern Second Floor Apartment is conveniently located just a short walk from Horsham Town Centre and only 0.8 miles to Horsham Train Station.
Horsham town centre, a thriving historic market town with an excellent selection of national and independent retailers including a large John Lewis at Home and Waitrose store.
There are twice weekly award winning local markets in the Carfax in the centre of Horsham featuring local produce, or head to East Street, or 'Eat Street' as it is known locally, which has a wide choice of restaurants, ranging from independent eateries such as Monte Forte and larger chains, including Wagamama, Pizza Express and Cote.
There is ample choice when it comes to activities, and in particular The Pavilions In The Park offers a comprehensive leisure centre with its gym and swimming pools set in Horsham Park.
Enjoy a variety of entertainment at The Capitol Arts Centre and Everyman Cinema. Further afield, the stunning South Downs and coast are within easy reach.
For those needing to commute, Horsham Station is a short walk away, with a direct line to Gatwick (17 minutes) and London Victoria (55 minutes) and there is easy access to the A24 and M23 leading to the M25.
Property To the front of the building is a telecom phone entry system, allowing you access to the well kept communal Hallway.
Your front door opens in to a good size Hall, with two storage cupboards and doors to all rooms, including the 23’11” open plan Living/Kitchen area.
This is a particular feature of this apartment, with multiple large windows flooding the room with natural light, plenty of space for sofas and a dining table, which makes it perfect for entertaining.
The Kitchen is fitted with a range integrated appliances as well as ample floor and wall mounted storage units .
Both Bedrooms are easily suitable for double beds, with the larger of the two benefitting from built in wardrobes. The Bathroom has a modern white suite, with a shower above the bath.
Outside To the front of the block you will find one allocated parking space.
Additional information Tenure: Leasehold Full Lease Term: 125 years from and including 1 April 2016 Annual Ground Rent: Tbc Ground Rent Review Period: Tbc Service Charge: Tbc 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.
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FAQ
About 26, Timms Close, Horsham
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