1-bedroom flat · RH11 8GP
Sold STCListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase a one bedroom ground floor maisonette with its own attached rear garden, located in a sought after area of Southgate, and just a short distance of both the town centre and train station and offered to the market with no onward chain.
Upon entering the property, there is an entrance hallway granting access to all rooms as well as two useful storage cupboards.
The spacious ‘L’ shaped living/dining area is on your left with windows to front and French doors opening out to the rear garden, allowing in plenty of natural light to flow through the room.
The living area provides ample space for a couple of sofas with the dining area suitable for a two-four seater dining table and chairs.
This whole area measures just under 20ft in length by 12ft 10” wide.
Adjacent to the dining area is the kitchen, which is fitted with a range of wall and base units incorporating cupboards and drawers with plenty of work surfaces over.
There is an integrated oven with gas hob and extractor hood over with space and plumbing for a washing machine and fridge/freezer.
In addition, there is pleasant views over the rear garden and a wall mounted boiler.
The bedroom also overlooks the rear garden and comes with built-in wardrobes plus some additional fitted storage around the placement of a bed.
Finally, there is a stylish shower room, which was recently replaced by the current owners to provide a large walk-in shower and wall mounted shower unit, low level WC, wash hand basin with storage beneath and an opaque window for good ventilation.
Externally, there is on street parking available as well as a parking space directly in front of the property, and although communal, has always been used by the sellers throughout their ownership.
Gated access leads to the private, enclosed rear garden, which is laid to lawn and patio with a brick wall surround.
The aspect is south facing, making it a perfect place to relax and enjoy during the summer months.
Lease Details Length of Lease: 103 years remaining Annual Service Charge – £484.84 Service Charge Review Period – April Annual Ground Rent - £10 Lease details have been provided by the Vendor.
This information should be confirmed by your solicitor. Agents Note Under the Estate Agents Act 1979 we advise that the property is being sold by a relative of an employee of Mansell McTaggart.
EPC Rating: C Anti Money Laundering In accordance with the requirements of the Anti Money Laundering Act 2022, Mansell McTaggart Crawley Ltd.
mandates that prospective purchaser(s) who have an offer accepted on one of our properties undergo identification verification.
To facilitate this, we utilise MoveButler, an online platform for identity verification.
The cost for each identification check is £30, including VAT charged by MoveButler at the point of onboarding, per individual (or company) listed as a purchaser in the memorandum of sale.
This fee is non-refundable, regardless of the circumstances. Referral Fee We are pleased to offer our customers a range of additional services to help them with moving home.
None of these services are obligatory and you are free to use service providers of your choice.
Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services.
If you choose to use a service provider recommended by Mansell McTaggart, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
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
Agent & docs
FAQ
About Keymer Road, Crawley, RH11
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