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£3,000,000

Springfield Road, Horsham, West Sussex, RH12

  • 0 beds
Studio

£3,000,000

  • 0 beds
Studio
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Estimate monthly mortgage payment:

£13,696 per month

Minimum deposit amount:

£150,000
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Located within the heart or Horsham Town Centre, this block of 22 studio apartments and 1 one bedroom, ground floor flat presents an excellent investment opportunity providing a yearly income of approximately £250,000. The development is within easy reach of Horsham station, town centre and transport links, in addition to several of Horsham’s largest employers, resulting in a constant pool of tenants as and when required. Leaders have managed the development for the client since it’s inception and all 23 apartments currently have tenants insitu on Assusured Shorthold Tenacies. There is also an additional unit at the top of the building that the client has often used themselves when in the area or have rented out using Air BnB providing further income. Please note that this unit is not an official residence. Some parking is on offer within the development but is limited. Those spaces have been rented out for an additional cost in the past. ‘’These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.’’ Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £80 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection.

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£13,696 per month
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Stamp Duty tax
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£271,250
Mortgage and legal costs:
£999
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