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School Hill, Slindon, Arundel, West Sussex

South East

£2,450,000
Listed on 17/04/2024

Property Details

Bedrooms
4
Type
Detached house
Area
4102 sqft

Description

This substantial property spans over 4,000 square feet and features a distinctive architectural style, characterized by its leaded windows and grand pillared entrance. While the interior boasts ample natural light and a range of versatile living spaces, it presents a unique opportunity for renovation to modernize and enhance its appeal. Upon entering, you are greeted by a spacious reception hall that flows into an impressive drawing room with a double-height ceiling and views of the galleried landing above. The room is further enriched by parquet flooring and a vintage fireplace, reflecting the traditional charm of the home. Additional reception rooms include a formal dining area, a comfortable family/sitting room, and a snug study complete with French doors that open to the garden. A conservatory offers an inviting space to enjoy the surrounding grounds. The kitchen is equipped with generous cabinetry and features a breakfast nook alongside two pantries and a large utility/laundry room. Access to an enclosed courtyard adds functionality to this space. On the first floor, the views over the landscaped gardens enhance the ambiance of the four bedrooms, including a principal suite that benefits from its own bay window. The outdoor area is particularly notable, comprising beautifully landscaped grounds accessed via a gravel driveway accommodating several vehicles, along with garage access. The garden is surrounded by established shrubbery and trees, providing privacy within this serene environment. The lush lawn is dotted with mature trees and vibrant perennial plants, creating both aesthetic appeal and biodiversity. There are paved terraces ideal for outdoor dining as well as tranquil spots for relaxation among nature. Located in picturesque Slindon, this property enjoys proximity to lovely countryside landscapes under National Trust stewardship while also benefiting from local amenities such as a village shop, café, primary school, and pub. For everyday conveniences or commute needs, Barnham provides quick rail connections to London Victoria as well as services to Gatwick Airport and coastal towns like Brighton and Chichester. The nearby historic town of Arundel offers independent shops along with cultural attractions including its famous castle, while Chichester boasts high street shopping options and restaurants alongside its renowned Festival Theatre. With its extensive space ready for revitalization in an attractive setting with excellent local amenities, this property represents significant investment potential in today's market.

Investment Analysis

(BN18 area)

Above Market Value

This property is priced +41.9% above area average per sq ft

+41.9%
This Property
£597/sq ft
Area Average
£421/sq ft
Avg Rent (weekly)
£367
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £120,000
Target Value
£1,899,185
10% above area average per sq ft
Potential ROI
-26.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (BN18)

Area prices are falling by +2.7% over the last 12 months
3 year growth: -5.0%
5 year growth: 10.7%
Investment Disclaimer: Analysis based on BN18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

School Hill, Slindon, Arundel, West Sussex
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£8,975
Based on a loan of £1,837,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE