£355,000
Terraced House
VES-RH12-467
INITIAL INVESTMENT
£164,430
GROSS RENT / YIELD
£15,540 / 4.4%
NET RENT / YIELD
£12,075 / 3.4%
TENANCY
Tenanted
TENURE
Freehold
4 bedrooms
2 bathrooms
1 reception room
1,050
Unfurnished
Tenancy
RENT
£15,540 p.a. / £1,295 pcm
TENANCY DEPOSIT
£1,893
TENANCY TYPE
AST
TENANCY AGREEMENT STARTED
31 months ago
TENANCY AGREEMENT ENDS
7/1/2019
Documents available on request, please contact for viewings or further questions.
The information relating to the property is supplied by the vendor and the latest available at the date of listing.
Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.
Rental Income
GROSS RENT PER ANNUM
£15,540
GROSS RENTAL YIELD
4.4%
NET RENT PER ANNUM
£12,075
NET RENTAL YIELD
3.4%
FULLY MANAGED OPERATING COSTS
£3,465
Click to understand assumptions.
Profit & Growth
HPI GROWTH (PREV 5 YRS)
30%
Disclaimer
This information is for illustration purposes only and does not constitute advice. It is correct at the time of writing. For advice specific to your personal circumstances, please speak to a financial adviser.
Broadbridge Heath is a town 2 miles from central Horsham, 31 miles south-west of London which makes it perfect for commuters, 18.5 miles north-west of Brighton and 26 miles north-east of Chichester, with direct train connections to those locations.
Broadbridge Heath boasts two primary schools and a Montesory Nursery School. There are also a number of respected secondary schools and colleges in the near vicinity making this property the ideal location for a young and growing family.
Horsham boasts a number of local attractions which include Horsham park, a cinema, a retail center and a number of independent local shops amongst several major supermarkets.
There is a regular running bus service connecting to Horsham city center and to the various local schools. The M23 motorway is easily accessible from the property offering good links to other parts of the country by road. The block is a part of a wider new and modern development, which has attracted a good caliber of occupant offering a friendly community feel to the area.
Some of Horsham’s major employers are Royal & Sun Alliance, RSPCA Headquarters, Christ’s Hospital School, Kate’s Cakes, Sussex Health Care, A J Walter Aviation Ltd, Tesla Engineering Ltd, JVM Equipment Ltd and many more.
Ellis Road,
Horsham,
West Sussex,
England,
RH12 3GH
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