£480,000

Block of flats for sale

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Just added

Guide price

£480,000

(£286.05/sq. ft)

Block of flats for sale

Fairlea Close, Burgess Hill RH15

1,678 sq. ft

Local area information

Property location

Nearby amenities

  • Sheddingdean Community Primary School 0.4 miles
  • The Gattons Infant School 0.4 miles
  • Burgess Hill 0.8 miles
  • Wivelsfield 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Burgess Hill to find out more about the local area.

Features and description

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.

Floor plans and tours

Floor plans (2)

2 floor plans available

View the floor plans to understand the space and layout of this property.

Tours (2)

2 virtual tours available

Step inside the property with a virtual tour or video walkthrough.

More information

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  1. Zoopla
  2. Commercial for sale
  3. West Sussex
  4. Burgess Hill
  5. Fairlea Close