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See how verdicts work2-bedroom flat · BN6 9LL
Sold STCReduced £45k (−6.5%) on 26 OctListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Substantial First Floor 2 Bedroom 2 Bathroom Apartment Situated Within This Grand Edwardian Country House On The Outskirts Of The Sought After Village Of Hurstpierpoint Is Set Within 14.5 Acres Of Communal Grounds Including Outdoor Heated Swimming Pool, Gardens, Paddocks And Lake.
Old Mill House is an impressive Edwardian country house divided into 5 spacious apartments, it is approached via a sweeping gravel entrance drive and surrounded by 14.5 acres of well kept communal gardens, woodland, paddocks, lake and a brick built guest cottage known as Old Mill Lodge which has previously been used as guest accommodation.
The apartment itself is situated on the first floor with the main rooms benefitting from a Southerly aspect providing stunning views over the gardens towards Hurstpierpoint and onto the South Downs.
Being approximately 1500sqft the apartment offers spacious accommodation throughout including: refitted kitchen / breakfast room, lounge / dining room with South facing views, master bedroom with ensuite bathroom and feature bay window with stunning outlook, second bedroom, shower room, private South facing balcony providing stunning views.
Double garage.
Old Mill House is situated just over a mile north of Hurstpierpoint, a charming village situated on the northern edge of the South Downs National Park, with amenities including pubs and restaurants, convenience stores, a number of shops and a GP surgery.
A wider range of shops is available at Hassocks, about 1.5 miles to the east, which also has a mainline train station to London Bridge/Victoria (approximately 55 minutes).
The city of Brighton and the south coast are about nine miles distant. The M23/A23 provides good access to Gatwick and the national motorway network.
There are a number of excellent schools in the area, including Downlands Community Secondary School in Hassocks & Hurstpierpoint College.
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 Cuckfield Road, Hurstpierpoint
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