Property description

This property is currently being sold with it’s tenants in-situ, so is perfect for buy to let investors looking for an immediate return on their investment. The present tenants have been in place since 2014 and are currently paying £775 per calendar month, this has never been increased and therefore provides a rental yield of 4%. Our letting department feels that the true market value is nearer £850 pcm, so the yield could increase when the rent review is being considered. This along with relatively low service charges and a lease in excess of a hundred years really does make this a tempting proposition.

The property is situated on the ground floor at the end of the cul-de-sac, so is nice and quiet away from road noise, and yet is still just a short walk to the mainline station, Horsham Park and the town centre just beyond.

There are two good size bedrooms, both serviced by the family bathroom. The kitchen is in good modern order and is a good size so tenants could find space for a breakfast table if required. The lounge/diner measures 19 feet in length, so again is generously proportioned for a two bedroom apartment, and is a lovely and bright room as there is a window to the side as well as the lovely square bay window that overlooks the communal gardens. New windows were installed in 2014, which made a real difference to the apartment and has the remainder of the 10 year guarantee.

What the Owner says:

We bought the property back in 2002 as a buy to let, and it’s been a great investment over the years for us, attracting good quality and professional tenants. This was so important to us as we wanted a trouble and stress free let that with the help of a good letting agent would look after itself.

We were advised to buy near to the mainline station to maximise the rent available and to ensure strong demand for the property. Bowes Close is just off the Kings Road so is only a few minutes walk away from Horsham Station, ideal for tenants that need quick and easy access to Gatwick or London.

Room sizes:

• GROUND FLOOR
• Entrance Hall
• Lounge/Diner: 19'0 x 10'10 (5.80m x 3.30m)
• Kitchen: 12'9 x 7'3 (3.89m x 2.21m)
• Bedroom 1: 12'11 x 8'4 (3.94m x 2.54m)

• Bedroom 2: 13'3 x 7'11 (4.04m x 2.41m)
• Bathroom: 7'2 x 5'8 (2.19m x 1.73m)
• OUTSIDE
• Communal Gardens
• Allocated Parking

 
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.

Property Features :

• Buy to let investment only with tenants in-situ
• 2 bedroom apartment
• Ground floor near to station
• Allocated parking
• Sensible service charges help provide a better yield