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Morton Road, East Grinstead, West Sussex, RH19 - Image 1
Morton Road, East Grinstead, West Sussex, RH19 - Image 2
Morton Road, East Grinstead, West Sussex, RH19 - Image 3
Morton Road, East Grinstead, West Sussex, RH19 - Image 4
Morton Road, East Grinstead, West Sussex, RH19 - Image 5

Morton Road, East Grinstead, West Sussex, RH19

South East

£400,000
Listed on 01/11/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1292 sqft

Description

Located in East Grinstead, this semi-detached house presents a noteworthy opportunity for those interested in renovation and investment potential. The property consists of four spacious bedrooms and features an adaptable layout that offers considerable scope for modernization. Upon entering, you are greeted by an entrance porch that leads into what was formerly the garage, now transformed into an annexe with a kitchenette and a shower room. This versatile space can serve various purposes, such as a guest suite or home office. The kitchen/breakfast room is generously sized and provides ample room to accommodate a dining table, making it a practical area for family meals. The adjacent lounge/dining room is also substantial, featuring patio sliding doors that open to the rear garden, enhancing indoor-outdoor living. On the first floor, the property boasts four well-proportioned bedrooms, each providing comfortable living space complemented by a family bathroom. While the house requires some renovation, it has the potential to be reimagined into a modern home tailored to your taste. The exterior includes a driveway providing off-road parking for multiple vehicles. The large rear garden presents further possibilities for landscaping or creating outdoor leisure spaces. Offered with no ongoing chain, this property is well-suited for buyers who are looking to invest in a project with significant upside potential in an appealing location.

Investment Analysis

(RH19 area)

Below Market Value

This property is priced -28.4% below area average per sq ft

-28.4%
Potential saving
This Property
£310/sq ft
Area Average
£432/sq ft
Avg Rent (weekly)
£323
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£614,101
10% above area average per sq ft
Potential ROI
+30.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (RH19)

Area prices are rising by +3.5% over the last 12 months
3 year growth: 0.7%
5 year growth: 21.0%
Investment Disclaimer: Analysis based on RH19 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

Morton Road, East Grinstead, West Sussex, RH19
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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
£1,465
Based on a loan of £300,000 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