2-bedroom house · RH12 1GF
Listing removedListed 239 days
Opportunity summary
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About
LOCATION : This exclusive block is situated in Highwood, a new Berkeley development to the West of Horsham town centre.
Horsham offers a comprehensive range of shopping, entertainment and recreational facilities, including a superb selection of restaurants and cafes, as well as a John Lewis and large Waitrose.
The mainline railway station offers convenient access to London Victoria and London Bridge.
The A264 north Horsham bypass provides access to the M23, Gatwick Airport, the M25 and the national motorway network.
PROPERTY : This luxury two bedroom apartment is found on the third floor of a prestigious development within Horsham's Highwood Estate.
Designed exclusively for individuals aged 55 and over, this residence offers a host of desirable features. Convenient lift access is available to all floors, ensuring easy mobility for residents.
Upon entering, you'll be greeted by a spacious hallway leading through to all rooms. The large living/dining room measures and impressive 15'1 x 24'1 and is filled with natural light.
The apartment includes a well-appointed kitchen with modern built-in appliances, providing all the necessary amenities.
The comfortable master double bedroom provides a peaceful space, while a Jack and Jill shower room adds convenience.
The accommodation also features a bedroom two which is currently being used as a comfortable sized office. Highwood Mill boasts a range of amenities.
Residents can enjoy meals at the onsite restaurant, indulge in pampering services at the hair and beauty salon, and unwind amidst the beautifully landscaped communal gardens.
A regular mini bus service to local supermarkets and town centre is provided. Residents also have access to a mobility scooter store which has charging points.
With a dedicated care team available round the clock, Highwood Mill offers residents the comfort of knowing that support and assistance are readily accessible.
This safe and inviting residence provides an attractive and easily accessible location for individuals in search of a peaceful and comfortable home.
OUTSIDE : Moving outside you will find the landscaped communal gardens, perfect for residents to enjoy, and a residents’ car park that provides unallocated spaces (permit required).
ADDITIONAL INFORMATION: Tenure: Leasehold Lease Term: 125 Years from & including 1st January 2017 Service Charge: £7,497.27 per annum (including buildings insurance & heating) Service Charge Review Period: Annually Ground Rent: £300 per annum Ground Rent Review Period: tbc AGENTS NOTE We strongly advise any intending purchaser to verify the above with their legal representative prior to committing to a purchase.
The above information has been supplied to us by our clients/managing agents in good faith, but we have not necessarily had sight of any formal documentation relating to the above.
NOTE: Pursuant to the 1979 Estate Agency Act, an employee of Brock Taylor has a beneficial interest in the sale of this property.
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.
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