2-bedroom flat · RH13 5HE
Let agreedReduced £75 (−5.4%) on 1 OctListed 164 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Council Tax & Water Bills Included in the Rent Choices are pleased to present this modern annexe, ideally located within easy reach of Horsham town centre and the train station.
The property features a bright open-plan kitchen and living area with French doors opening onto a private paved garden. There are two double bedrooms and a modern family bathroom.
Additional benefits include a driveway with parking for one car, side access to the garden, and an unfurnished finish ready for tenants to make their own.
Enhanced Tenancy Options Choices offers a range of enhanced tenancy options, all of which are optional and do not form part of the standard rent advertised above.
• Tenant Rent Guarantee (trg): £72.50pcm • Zero Deposit Option (zdo): £58pcm Where selected, these options form part of a revised tenancy agreement at a higher agreed rent.
If both options are selected, the total rent would be £1580.50pcm. Rent Amount: £1,450.00 Holding deposit £334.61 Security Deposit Amount: £1,673.05
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
Area
Agent & docs
FAQ
About Annexe, 31, Depot Road, West Sussex
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