2-bedroom flat · RH16 1EX
Sold STCListed 189 days
Opportunity summary
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About
WALK-THROUGH VIDEO TOUR - TOP FLOOR WITH LIFT ACCESS - GATED DEVELOPMENT - This is a beautifully presented 2 double bedroom top floor apartment situated within a gated development and conveniently located providing easy access to Haywards Heath mainline train station, Waitrose, Sainsburys and the Dolphin Leisure Centre.
The property benefits from south facing windows with far reaching views and has been improved in recent years to include a modern kitchen with fully integrated appliances and custom made wooden shutters throughout the apartment.
The neutrally decorated accommodation briefly comprises of an entrance hall, lounge/dining room, 2 double bedrooms with fitted storage and modern shower room.
Outside there are plenty of parking spaces for residents along with beautiful communal gardens. GROUND FLOOR: COMMUNAL ENTRANCE: Communal entrance hall. Lift or stairs to the top floor.
TOP FLOOR: ENTRANCE HALL: Front door opening to the entrance hall. Large storage cupboard with sliding doors. Spot lighting. Radiator. Doors to...
LOUNGE/DINING ROOM: Large floor to ceiling south facing double glazed windows with sliding wooden shutters. TV point. Radiator.
KITCHEN: Fitted with an attractive range of floor and wall units with under lighting. Stainless steel sink and drainer with mixer tap.
Integrated appliances include a four ring electric hob and oven with extractor hood over, fridge/freezer, washing machine and dishwasher. Spot lighting. Further integrated wine rack.
Double glazed window to front aspect. BEDROOM: Double glazed window with wooden shutters to rear aspect. Large fitted wardrobe with a hanging rail and shelving. Radiator. TV point.
BEDROOM: Double glazed window with wooden shutters to rear aspect. Large fitted wardrobe with a hanging rail and shelving. Radiator. SHOWER ROOM: Large shower cubicle. Wash basin. Low level WC.
Spot lighting. Heated towel rail. Extractor fan. Double glazed window to front aspect. Part tiled walls. Large storage cupboard with shelving.
OUTSIDE: PARKING: Within the gated car park are plenty of residents parking bays which operate on a permit system.
ADDITIONAL INFORMATION: Managing Agents: Graves Son & Pilcher LLP Tenure: Leasehold with a share of the freehold.
Lease: 125 years from 1992 Service Charge: £540.00 paid quarterly Ground Rent: £150.00 per annum
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 Paddockhall Road, Haywards Heath, RH16
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