7-bedroom house · RH19 2DL
Sold STCReduced £50k (−5.9%) on 16 SepListed 182 days
Opportunity summary
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About
Guide Price £850,000 - £900,000 A rare opportunity to acquire this four bedroom detached bungalow, with a detached three bedroom annex, on approximately 0.82 of an acre plot.
The Property offers 3,261 Sq ft of versatile living space and further benefits from a large store room, double garage and driveway parking.
The living accommodation briefly comprises: Entrance hall with storage cupboards; dining room with roof windows; triple aspect living room with Parquet flooring, log burner and French doors to the garden; downstairs cloakroom with a WC and wash hand basin; kitchen/breakfast room with a fitted kitchen with a range of wall and base level units, stacked electric ovens, 4 ring electric hob, two larders, and French door to the sun room; sun room with access to the front of the property; two double bedroom with views over the garden; double guest bedroom with fitted wardrobes; family bathroom with a WC, wash hand basin, heated towel rail, shower cubicle and bath.
A dual aspect master bedroom with a dressing room, French doors to the garden and en suite shower room with a WC and wash hand basin, completes the living accommodation.
The living accommodation for the self contained briefly comprises; entrance hall; two single bedrooms; master bedroom with rear aspect views; open plan living area with a kitchenette area which has a range of wall and base level units, space for appliances and French doors to the garden.
A shower room with a WC and wash hand basin completes the living accommodation.
Externally, the property offers driveway parking for several cars and electric roll up and over door to the double garage and large storeroom, with power and lighting.
Externally, the property offers several lawn areas, various patio seating areas and an abundance of privacy and seclusion provided by mature trees, hedges and shrubs.
Previously, there was planning permission granted to have the annex knocked down and rebuilt, however this has just recently expired.
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 The Alders Hackenden Lane, East Grinstead
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