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Parsonage Road, Horsham, RH12

1 Bed │ 1 Bath │ 1 Rec

Guide Price £170,000

Projected Gross Yield: 6.71% Estimated rent: £950.00PCM
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Horsham

Gemma Taplin

New Homes Sales Manager

Key features

  • Excellent BTL - 6.5% yield
  • 103 Year Lease Remaining
  • Communal Garden
  • Nearby Train Stations
  • Outside Storage

Full description

This charming, one bedroom ground floor apartment is situated within a prime Horsham location and is well presented throughout – an excellent first home or buy-to-let investment (projected yield of 6.5%).

 Located equidistant between Horsham mainline and Littlehaven railway stations (both reached within a 15 minute walk), this is the ideal location for professionals who commute as well as those who work within Horsham’s bustling town centre, which is just 1 mile away. A sought-after allocated parking space, visitor parking, communal gardens and 103 years remaining on the lease are further benefits of this lovely home.

 Enter through the well-maintained communal hallway which includes a telephone entry system for complete convenience. This modern apartment comprises of a bright living room and separate kitchen. The cosy bedroom features a large built-in wardrobe offering valuable storage space, and the bathroom includes a bath with shower over, white bathroom suite, and modern grey wood-effect vinyl flooring.

The apartment has been lovingly maintained and decorated by the current owner and is ready to move in to. There is electric heating throughout, with an EPC Rating of C and a low Council Tax Band of A making this is a cost-efficient home. Externally, the apartment has the unusual benefit of a private lockable shed for further storage needs, and there are communal gardens to the rear of the small complex to enjoy. The allocated parking space is a desirable aspect of the home and there is additional allocated visitor parking, as well as bike storage.

 Horsham’s town centre and it’s wide range of amenities, shops, restaurants, leisure facilities and nightlife are just over 1 mile from the apartment. The popular Horsham Park is within walking distance, and you have several supermarkets and gyms within easy reach. Horsham’s mainline station offers regular and direct services into key workplaces across the South, including London Victoria (55 minutes), Gatwick Airport (19 minutes) and Three Bridges (17 minutes) – truly a commuter’s dream!

 In terms of buy-to-let, this is an excellent investment opportunity to grow or start your property portfolio with a projected rental income of £925pcm giving a yield of 6.5%.

 Lease information:

Lease Length: 125 years from 2002

Ground Rent: £100 per annum

Service Charge: £75 Per Month

To find out more or to arrange your viewing, contact us today.

Disclaimer: Please note, a Henry Adams staff member currently owns this property.

Situation

Horsham’s town centre and it’s wide range of amenities, shops, restaurants, leisure facilities and nightlife are just 1 mile from the apartment. The popular Horsham Park is within walking distance, and you have several supermarkets and gyms within easy reach. Horsham’s mainline station offers regular and direct services into key workplaces across the South, including London Victoria (55 minutes), Gatwick Airport (19 minutes) and Three Bridges (17 minutes) – truly a commuter’s dream!
  • Living Room
  • Kitchen
  • Bedroom
  • Bathroom

Council Tax Band: A

Tenure: Leasehold