2-bedroom flat · RH11 8EN
Listing removedReduced £10k (−6.7%) on 21 AugListed 84 daysAuction 14 Oct · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment Opportunity – Tenant in Situ | Investors Only An excellent opportunity for buy-to-let investors to acquire this spacious two-bedroom first-floor maisonette in the well-established and popular Gossops Green area of Crawley, offered with a tenant already in occupation, providing immediate rental income from day one.
Conveniently positioned within easy reach of local shops, regular bus routes and Ifield railway station, the property enjoys strong appeal for tenants seeking convenient transport links and nearby amenities.
The accommodation comprises a welcoming entrance hall, a bright and generously proportioned dual-aspect lounge, a fitted kitchen with a range of wall and base units, two well-sized double bedrooms, a family bathroom and a separate WC.
Further benefits include double glazing, gas central heating and access to communal gardens and drying areas.
Offering spacious accommodation, a popular residential location and the advantage of an existing tenancy, this property represents an attractive addition to any investment portfolio.
Whether you are an experienced landlord looking to expand your holdings or an investor seeking a straightforward acquisition with immediate income potential, this maisonette is worthy of consideration.
Location Situated in the popular residential neighbourhood of Gossops Green, this property enjoys a convenient location on the western side of Crawley.
The area is well regarded for its excellent local amenities, including nearby shops, schools, parks and leisure facilities, making it attractive to a wide range of residents.
For commuters, Ifield railway station is within easy reach, offering direct services to London Victoria, Gatwick Airport and the South Coast.
Crawley town centre is also easily accessible and provides an extensive selection of shopping, dining and entertainment options, including the County Mall Shopping Centre.
The area benefits from regular bus services and excellent road links via the A23 and M23, providing convenient access to Gatwick Airport, Brighton, London and the wider South East.
Residents can also enjoy nearby open spaces, walking routes and recreational facilities, including Gossops Green Park and Tilgate Park, one of the region's most popular outdoor attractions.
Combining convenient transport connections, everyday amenities and strong tenant demand, Gossops Green remains a popular choice for both homeowners and investors alike.
Lease Information The leasehold information, including the length of lease remaining, ground rent, service charges and any associated management fees, has been provided by the seller and/or their representatives.
Whilst we endeavour to ensure the information is accurate, prospective purchasers should satisfy themselves as to the accuracy of this information and verify all details through their solicitor during the conveyancing process.
Neither Purplebricks nor the seller accepts responsibility for any inaccuracies or changes that may occur prior to completion.
Lease 125 years from 14 October 1986 Lease Term Remaining 85 years Ground Rent £10.00 Service Charge tbc Estimated Market Rent £1,350pcm General Information Being Sold by goto Online Auction Starting Bids from £xxxxx Buy it now option available Please call or visit Purplebricks Online Auctions for more information.
This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase.
The purchaser will have 56 working days to exchange and complete once the draft contract has been received by the buyer’s solicitor or 10 working days after receipt of the buyer’s premium, whichever is earlier Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance.
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee called a Buyer’s Premium.
This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed.
Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.
10% in excess Please note this property is subject to an undisclosed Reserve Price which is typically no more than of the Starting Bid.
Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor.
Terms and conditions apply to the Modern Method of Auction, which is operated by goto Auctions. To book a viewing visit Purplebricks.
Buyer Fees Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 4.3% of the purchase price including VAT (this is subject to a minimum amount of £6,600 including VAT) and a Legal Pack fee of £396.00 including VAT.
This secures the transaction and takes the property off the market.
Property Ownership Information Tenure Leasehold Council Tax Band C Annual Ground Rent £10.00 Ground Rent Review Period No review period Annual Service Charge £1,000.00 Service Charge Review Period Every 1 year Lease End Date 09/10/2111 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
Value & comps
No previous sales on record.
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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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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About 20, Dower Walk, Crawley
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