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More about this property

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Long entrance hall

Two double bedrooms

Kitchen

Double aspect Living/dining room

Shower room/w.c.

Newly extended lease

Requires some updating

South and west facing rooms

Town centre location.

Fabulous views

A very bright and spacious two double bedroom fourth floor flat which is south and west facing situated in a central location within a few minutes’ walk of Haywards Heath town centre, benefiting from allocated parking and a newly extended lease. This flat does require some level of updating but would make an ideal buy to let investment generating a potential yield of over 6%. **No onward chain**

An opportunity to purchase this bright and spacious flat which can be accessed off Gower Road or from the car park with stairs and lift service to fourth floor. Door leads into the flat with long entrance hall, two double bedrooms, shower room/w.c., double aspect living/dining room, kitchen/breakfast room, all with fabulous views except shower room. The flat does require redecoration and refurbishment which has been allowed for within the asking price and would make an ideal long-term buy to let investment potentially returning a rental income of circa £975.00/£1000 pcm once works have been undertaken to modernise the interior, which would generate a return of over 6%. The flat has double glazed windows and electric heating.

There are planned redecoration works to the exterior of the building and roof which have been taken into account. They anticipate these works might be circa £10,000 per flat but this is not confirmed.

Lease: The lease is currently being extended by 90 years which will give over 140 years.

Service Charge: This is approximately £1200 per annum including ground rent and building insurance.

Council Tax: Band B (£1,570.41 2022-23)

Situated in this convenient central location just a short walk to the town centre with its wide range of shops and The Broadway with its array of restaurants. Haywards Heath mainline station is close at hand providing a fast and frequent service to central London (Victoria/London Bridge 42-45 minutes), whilst the A23 lies about 5 miles to the west providing a direct route to the motorway network. Haywards Heath has a modern leisure centre, several parks, a Sainsbury's and Waitrose superstore and there are several well regarded schools in the locality. Gatwick Airport is about 14 miles to the north and the cosmopolitan city of Brighton and the coast is a similar distance to the south, whilst the South Downs National Park is within a short drive offering a beautiful natural venue for countryside walking.

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Total SDLT due

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £
500
k (Percentage rate 0%)

£ 0

Above £
500
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Above £925k and up to £1.5m (Percentage rate 10%)

Above £1.5m (Percentage rate 12%)

Up to £500k (Percentage rate 0%)

£ 0

*This is for illustrative purposes only

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £125k (Percentage rate 0%)

£ 0

Above £125k and up to £250k (Percentage rate 2%)

Above £250k and up to £925k (Percentage rate 5%)

Above £925k and up to £1.5m (Percentage rate 10%)

Above £1.5m (Percentage rate 12%)

Up to £300k(Percentage rate 0%)

£ 0

Above £300k and up to £500k (Percentage rate 0%)

Up to £300k (Percentage rate 0%)

£ 0

Above £300k and up to £500k (Percentage rate 5%)

*This is for illustrative purposes only

Floorplan

Floor Plan 1

IMPORTANT NOTICE FROM DUFFY & COMPANY

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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EPC for Gower Road, Haywards Heath, RH16

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Letting Fee Information

Holding deposit - Capped at 1 weeks rent

Security Deposit Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent - The agreed monthly rent

Changes to tenancy - Capped at £50 inc VAT

Early termination charge - Not exceeding the landlord’s financial losses

Late payment of rent - Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys - Reasonable costs or give the tenant the option to purchase themselves

Utilities, council tax, communication services, TV Licence etc - Tenants own responsibility unless otherwise stated in contract

Client Money Protection Scheme Membership details - Client Money Protect

Property Redress Scheme Membership details - Membership No: PRS024899