This two-bedroom flat presents an excellent opportunity for refurbishment, making it a prime candidate for investors looking to capitalize on the rental market. Previously leased long-term, the property requires modernization, allowing for significant value enhancement. Once renovated, it is expected to generate rental income around £1,200 per month, which highlights its promising investment potential.
Situated in a well-connected residential area of Horsham, the flat offers convenient access to local shops and green spaces. The nearby Horsham Railway Station ensures direct train services to London and the South Coast, appealing to both commuters and prospective tenants. Additionally, major road links via the A24 and M23 enhance accessibility.
The property is being sold with about 58 years left on the lease, which is reflected in its pricing. This aspect presents buyers with a chance to add value in a desirable location that remains popular among renters. Given its current condition and appeal as a cash-only sale due to leasehold constraints and proximity to commercial premises, this flat holds considerable renovation potential for savvy investors.
