3-bedroom flat · RH19 1BL
Listing removedListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with a price guide of £240,000 to £250,000.
Mayhew Estates are delighted to offer for sale this substantial three bedroom second floor apartment conveniently located in this purpose built development with lift access and being conveniently situated for access to East Grinstead town centre and station.
An early viewing is highly recommended in order to appreciate the overall size and appeal of the accommodation throughout.
There is a security phone entry system providing access to the communal area providing access via a lift to the second floor and stairs.
The sizeable entrance hall has a large built in storage cupboard and doors to all rooms.
The lounge/diner is a particular feature of this property and is of a most generous size with an electric feature effect fireplace that makes a fantastic focal point to this reception room.
There is plenty of space for a table and chairs and patio doors lead to a private balcony with views to a communal green. There are three well-proportioned double bedrooms all with built in wardrobes.
There is a tastefully refitted family shower room with two opaque windows to the side aspect.
Outside: The property benefits from residents parking through a gated entrance (agents note) as of March 2026 the parking is not available for residents due to maintenance issues.
Living Room (6.96m x 3.68m) Kitchen (3.35m x 1.96m) Bedroom One (3.2m x 2.95m) Bedroom Two (3.23m x 2.95m) Bedroom Three (2.6m x 2m) Shower Room (2.54m x 1.93m)
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 12, Wallis House, East Grinstead
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