30 Unit Portfolio
GROSS RENT / YIELD
£400,428 / 5.0%
NET RENT / YIELD
£307,560 / 3.8%
NO OF UNITS
TOTAL SQ FT
PRICE SQ FT
The houses form part of a wider development delivered by Bovis Homes which were completed in 2014. The houses are a mixture of terraced and semi-detached properties that form a terrace facing Ellis Road and Sergeant Way.
The houses are of brick construction and comprise a mixture of two and three stories with pitched roofs. Each property has allocated parking either provided at the front of the houses or by garages.
The purpose built block is also of brick construction and is arranged over three stories.
23 modern houses comprising:
21 x Three bedrooms
2 x Four bedrooms
Unbroken purpose built block comprising:
5 x Two bedroom flats
2 x One bedroom flats
**For further information, please request the master schedule. **
Tenancies / Total Current Gross Rent
The building is currently partially let subject to Assured Shorthold Tenancies. The total current rent reserved is £400,428 per annum.
For further information please reequest the Accommodation and Tenancy Schedule.
Estimated Gross Rental Value
We are of the opinion the estimated rental value of the portfolio (assuming fully let) is approximately £448,248 per annum.
We have been informed by the Local Planning Authority that the property is located within the Horsham District Planning Framework. The building is neither statutorily nor locally listed.
Engergy Performance Certificates
EPCs are available on request.
Photos are a sample of all houses and flats within the site. Some of these may not be representative of the units within this portfolio due to sale.
Documents available on request, please contact for viewings or further questions.
The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.
Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.
VIEW FINANCIALS WITH
GROSS RENT PER ANNUM
GROSS RENTAL YIELD
NET RENT PER ANNUM
NET RENTAL YIELD
FULLY MANAGED OPERATING COSTS
Click to understand assumptions.
Profit & Growth
ANNUAL (PRE-TAX) PROFIT
Click to understand assumptions.
HPI GROWTH (PREV 5 YRS)
All financial information is provided as a guideline only, is based on estimates and assumptions and is subject to change. Buyers are advised to seek independent financial advice. Capital at risk.
The portfolio is located in the village of Broadbridge Heath 1.7 miles (2.7km) directly to the west of Horsham town centre. Horsham is a vibrant and thriving market town with a population of approximately 134,200 people with 55,000 of them living in the main town.
Horsham is approximately 31 miles (50km) south west of London, and 18.5 miles (30km) north west of Brighton and 26 miles (42 km) north-east of the county town of Chichester.
The properties form an L shape on Ellis Road and Sergeant Way. Sixteen of the houses are located on the north side of Ellis Road until the road meets at Sergeant Way. The blocks of flats are located on the corner of Sergeant Way and Ellis Road. The other seven houses are located facing Sergent Way north of the block of flats.
Horsham town centre has a range of amenities and shops including a modern and busy shopping centre, Swan Walk, which includes well known high street retailers and the recently opened John Lewis and Waitrose complex.
The key industries in the town are financial services, pharmaceuticals and technology. Key employers include RSA Insurance Group, Novartis and the RSPCA and Gatwick Airport.
In addition, the area is fast becoming a retail destination in its own right as well as a key employment area.
Local attractions include the Rookwood Golf Course, Horsham Museum & Art Gallery and the Pavilions in the Park.
The town has excellent road link connections to the A23 and motorway network via the A264 Horsham bypass. The A24 with links to Central London, Worthing and south coast towns lie on the western boundary of Horsham town.
The area has excellent connectivity by rail and air, with Gatwick Airport located just 17 miles (27 km) away. Horsham Railway Station is approximately 3.5 mile (5.6 km) to the east and provides direct access to London Victoria and London Bridge.
All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.
Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.
In no event will we be liable for any loss or damage, including without limitation any loss or damage arising directly or indirectly out of or in connection with the use of this website and the information contained therein.
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