2 Bedroom properties in "RH6" are mostly listed between £860 - £1,075. There is limited data on listings in proximity to this property.
These figures should only be used as a guide, always get a rental assessment from a professional.
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Last Updated: 9th April 2024
Description
OVERVIEW\r This first floor apartment is close to local amenities and is offered to the market with no onward chain. \r \r The property features double glazed windows, gas central heating, a new boiler, garage en bloc and benefits from a long lease with 164 years remaining. A key feature of this leasehold development is there is no service charge provision as residents are responsible for the ongoing upkeep and maintenance of all communal parts. The only applicable cost relates to an annual ground charge of £50. \r \r The apartment is ideally suited to first time buyers who would be stamp duty exempt, but also attractive to potential investors and commuters due to its proximity to the local mainline train station and international airport. \r \r ACCOMMODATION\r At 732 square feet, the apartment offers spacious accommodation and consists of an entrance hall, two double bedrooms each with fitted storage, an upgraded kitchen, a generous dual aspect lounge/diner and a modern bathroom. The kitchen features white gloss cabinetry, decorative splashback tiling, ample storage provision and stand-alone appliances, whilst the bathroom includes floor to ceiling white tiling and additional storage provision. \r \r LOCATION\r This property is on the outskirts of the thriving town of Horley, which offers residents an excellent mix of local amenities and great transport links. Gatwick is only 10 minutes away and Horley mainline railway station provides services to London and the south coast.\r \r NO ONWARD CHAIN
Agent Details
JamesDean Estate Agents
Victoria Road, Horley, RH6 7PZ
Show Contact Number
01293 784 411
Investment Analysis
Annual Rent:
£12,840
Annual Mortgage Interest:
£4,200
Annual Costs:
£1,300
Net Profit:
£7,340
ROCI:
10%
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