Hydehurst Cottage, London Road, Lowfield Heath, Crawley, RH10 9SW

Description

Vacant 5 x Bedroom Semi-Detached House. Hydehurst Cottage, a 5-bedroom, semi-detached property located in Lowfield Heath, with accommodation split over three floors. The property benefits from a driveway with parking for several vehicles, a single garage and private rear garden.

Accommodation

Ground floor: Hallway 4.24 x 3.63; Living Room 3.33 x 3.32; Kitchen 4.13 x 2.51; Bathroom 2.53 x 2.40; Garden Room 3.36 x 3.26. First floor: Bedroom 3.63 x 3.34; Bedroom 3.94 x 2.65; Bedroom 5.21 x 3.07; Shower Room 2.57 x 2.23. Second floor: Bedroom 3.38 x 2.13; Bedroom 2.87 x 2.44; Garage 5.21 x 2.80. Total Floor Area: 132.53 sq.m.

Location

The property is located in a semi-rural setting while benefiting from excellent transport connections and convenient access to a wide range of local amenities. Gatwick Airport is approximately 1.5 miles away, Three Bridges railway station approximately 2 miles away and Crawley railway station approximately 2.0 miles away. The property is also well positioned for the M23 motorway, offering convenient links to London, Brighton and the surrounding areas. Location Pin: mole.cabin.pages.

Tenure / Property Information

Investment Analysis

The same property sold for £585,000 in February 2024. This is the only recent relevant completed-sale evidence. The £395,000 guide represents a substantial discount, but current value, condition and required works are not evidenced; therefore £585,000 is used as an indicative base GDV, not a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack and obtaining a full survey. Treat as a cautious value-led purchase rather than an underwritten BTL or flip until current condition, costs and resale evidence are verified.

Works Required

No specific defects or works are evidenced. Obtain a full survey and legal-pack review before budgeting for any refurbishment. EPC E may warrant review, but upgrade costs are unsupported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £585,000 February 2024 completed sale as indicative base GDV, 75% refinance would be approximately £438,750. Total project cost cannot be calculated because works, disbursements and other acquisition costs are not fully evidenced.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The property is vacant, and purchase costs, refurbishment costs and possible disbursements remain uncertain.

Flip Analysis

A value-led resale case is suggested by the £395,000 guide versus the same property's £585,000 February 2024 sale, but profit cannot be calculated without supported works, acquisition disbursements, finance and selling costs. Current condition is unknown.

Investor Risks & Due Diligence

• Current condition and required works are not evidenced.

• No sufficiently specific rental evidence is available.

• Additional disbursements, search fees, seller costs, legal fees and transfer fees may apply.

• EPC rating is E; any improvement requirements and costs are unknown.

• The February 2024 sale may not represent current market value.

Recommendation

Proceed only after reviewing the legal pack and obtaining a full survey. Treat as a cautious value-led purchase rather than an underwritten BTL or flip until current condition, costs and resale evidence are verified.

Strategy Rating

Analysis Confidence

There is one highly relevant completed sale and clear property details, but no current condition report, rental evidence, refurbishment budget, full fees or updated comparable sales.