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See how verdicts work2-bedroom flat · RH19 4HE
For saleReduced £20k (−11.1%) on 20 JunListed 528 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £180,000 - £190,000 A fantastic opportunity to acquire this two bedroom, first floor apartment with the luxury of a balcony, within the popular Great House Court development for the over 60s.
The property is ideally situated within a wooded setting and is only a short walk to East Grinstead town centre and close to a bus route.
The development offers the benefit of a resident House Manager and a 24hr Careline for peace of mind.
The accommodation briefly comprises: Entrance hall cupboard storage; spacious living/dining room allowing access to the private balcony with views over to the Ashdown Forest; fitted kitchen with a range of wall and base units, electric oven with 4-ring hob plus plenty of space for white goods.
Further to this there is a generously proportioned double bedroom with built in wardrobes; a further double guest bedroom and a modern shower room with a WC & wash hand basin, concludes the accommodation.
Externally there are well maintained and established communal gardens and residents parking. The property also benefits from double glazed windows, night storage heaters and a lift.
Term remaining 63 years Service Charges £3610.68 per annum Ground Rent £200 per annum EPC Rating: C
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
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FAQ
About 8 Great House Court Fairfield Road, East Grinstead
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