Lumley Road, Horley, Surrey, RH6 7JF

Guide price £800,000

6 bedrooms 6 bedrooms 6 bathrooms 6 bathrooms
Market Rent: £4990 Estimated gross yield: 7.5%

** ATTENTION INVESTORS ** Northwood present to the market this detached residence situated within close proximity of HORLEY TOWN CENTRE. This property represents an exciting DEVELOPMENT OPPORTUNITY. The property is currently arranged over three floors as INDEPENDENT & SELF-CONTAINED FLATS achieving a current/estimated RENTAL YIELD of 7.49%.
The property also has the potential for conversion back to a house (subject to the usual planning consents and upon expiry of current Assured Shorthold Tenancy agreements).

We are proud to present to the market this detached residence situated within close proximity of HORLEY TOWN CENTRE. This property represents an exciting DEVELOPMENT OPPORTUNITY. The property is currently arranged over three floors as INDEPENDENT & SELF-CONTAINED FLATS achieving a current/estimated RENTAL YIELD of 7.49%.

The property also has the potential for conversion back to a house (subject to the usual planning consents and upon expiry of current Assured Shorthold Tenancy agreements).

ACCOMMODATION

The accommodation is arranged as six self-contained flats accessed via a communal entrance hall. The flats are arranged over three floors and are as follows:-

Ground Floor - Flat 1 Current Rent Achieved is £750pcm
One Bedroom Ground Floor Flat

Ground Floor - Flat 2 - Current Rent Achieved is £850pcm
One Bedroom Ground Floor Flat & Courtyard Garden

First Floor - Flat 3 - Current Rent Achieved is £795pcm
One Bedroom 1st Floor Flat

First Floor - Flat 4 - Currently Vacant as SHOW FLAT (Estimated Rental at £795pcm)
One Bedroom 1st Floor Flat

Second Floor - Flat 5 - Current Rent Achieved is £825pcm
One Bedroom Second Floor Flat

Ground & First Floor - Flat 6 - Current Rent Achieved is £975pcm
Two Bedroom Split Level Maisonette & Large Garden

Floor plans

EPC

View map

Downloads

Key Features

  • EXCITING DEVELOPMENT OPPORTUNITY
  • Detached House
  • Horley Town Centre
  • SIX INDEPENDENT SELF CONTAINED FLATS
  • Rental Yield of 7.49%
  • Investors Only - TENANTS INSITU

Call Crawley office 01293 515588 3 Parkside Crawley West Sussex RH10 1EH

Arrange a viewing for the above property

Registered Office: Northwood (West Sussex) Ltd, Suite 1, 3rd Floor 11-12 St. James's Square London SW1Y 4LB - 5120967, VAT Reg. No. 840 3339 48
Contact Northwood Crawley
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