Guide price
£480,000
(£286.05/sq. ft)
Block of flats for saleFairlea Close, Burgess Hill RH15
1,678 sq. ft
EPC Rating: D
About this property
An opportunity to acquire two neighbouring three-bedroom houses in Burgess Hill.
Located 1 mile from Burgess Hill Station, which offers direct access to London St Pancras International in approximately 1 hour.
1 Fairlea Close is an end of terrace house and 12 West Street is detached.
1 Fairlea Close - 893 sq ft.
12 West Street - 785 sq ft.
Total area 1,678 sq ft.
Both houses are let producing a rent of £25,500 per annum.
The properties have an Estimated Rental Value of £42,000 per annum.
Potential to add value through loft conversion STPP.
Being sold at a significant discount to the breakup value.
Can be sold together or individually.
Guide Price - £480,000 + (Four Hundred and Eighty Thousand Pounds) Subject to contract, which reflects a Reversionary Yield of 8.75% and a low capital value of £286 psf.
Located 1 mile from Burgess Hill Station, which offers direct access to London St Pancras International in approximately 1 hour.
1 Fairlea Close is an end of terrace house and 12 West Street is detached.
1 Fairlea Close - 893 sq ft.
12 West Street - 785 sq ft.
Total area 1,678 sq ft.
Both houses are let producing a rent of £25,500 per annum.
The properties have an Estimated Rental Value of £42,000 per annum.
Potential to add value through loft conversion STPP.
Being sold at a significant discount to the breakup value.
Can be sold together or individually.
Guide Price - £480,000 + (Four Hundred and Eighty Thousand Pounds) Subject to contract, which reflects a Reversionary Yield of 8.75% and a low capital value of £286 psf.
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