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See how verdicts work2-bedroom flat · RH12 0AQ
Sold STCReduced £10k (−4%) on 23 SepListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Eltons are delighted to present to the market this spacious and beautifully presented two double bedroom first floor flat.
Nestled in the picturesque Kilnwood Vale, this splendid first-floor flat on Millpond Lane offers a perfect blend of modern living and serene surroundings.
As one of the largest flats in this phase, it boasts two spacious bedrooms and two well-appointed bathrooms, making it an ideal choice for couples or small families.
The property is presented with no onward chain, ensuring a smooth transition for prospective buyers.
Constructed in 2014 by Crest Nicholson, this flat has been meticulously maintained by its current owners, showcasing a bright and welcoming entrance hall that leads to a wealth of living space.
The modern family bathroom, conveniently located off the hallway, features a stylish white suite with a shower over the bath.
The primary bedroom is a true highlight, complete with mirrored fitted wardrobes and a contemporary ensuite bathroom, which is enhanced by a generous bay window that floods the room with natural light.
The second bedroom is also a good-sized double, recently redecorated to provide a fresh and inviting atmosphere.
The heart of the home is undoubtedly the modern kitchen, which is fully integrated and flows effortlessly into a spacious living area, perfect for entertaining.
The addition of a Juliet balcony offers delightful views over the lush green spaces that Kilnwood Vale has to offer.
This property also includes one allocated parking space, adding to the convenience of living in this thriving community.
With excellent transport links, local amenities, and sought-after schools nearby, this flat is not just a home but a lifestyle choice.
Experience the charm of Millpond Lane and make this exceptional flat your own.
Location - Millpond Lane enjoys a superb location in the sought-after village of Faygate, combining a peaceful semi-rural setting with excellent connectivity.
Families benefit from a selection of highly regarded schools in the local area, while nearby Horsham offers an outstanding range of shopping, cafés, restaurants and everyday amenities.
Faygate railway station provides direct services to Horsham, Gatwick Airport and London, with the A264, A24 and M23 all within easy reach for commuters.
Surrounded by beautiful Sussex countryside, residents can enjoy nearby walking and cycling routes, with Tilgate Park and Warnham Nature Reserve close by.
Disclosure: In the interests of transparency, we wish to advise that this property is owned by a member of staff employed by our agency.
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
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FAQ
About 8, Millpond Lane, Faygate
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