Red Oaks Lodge, Cagefoot Lane, Henfield, BN5 9HD

Description

A Freehold Grade II Listed property just off Henfield High Street. Red Oaks Lodge comprises; living room, dining room and kitchen. To the first floor are 3 x bedrooms and a shower room. Externally the property benefits from a West facing private rear garden, along with a private driveway.

Accommodation

Living Room - 5.8 x 4; Dining Room - 4 x 3.2; Kitchen - 2.2 x 2.2; Bedroom 1 - 4 x 3.2; Bedroom 2 - 3.3 x 3.2; Bedroom 3 - 2.4 x 2.2; Shower room; Total Floor Area - 87 sq.m

Location

Red Oaks Lodge is situated on Cagefoot Lane, within walking distance of Henfield High Street in West Sussex. Henfield offers a range of local amenities including independent shops, cafés, restaurants, schools and recreational facilities. The property is within easy access to the A23 and A24, providing connections to Brighton, Horsham and London. Hassocks mainline station is approximately 5.5 miles from the property, (55 mins London Victoria). Location Pin (What3Words): huddled.tentacles.fountain

Tenure / Property Information

Investment Analysis

The supplied sold comparables are detached houses on the same lane, but no floor areas, specifications or direct comparability evidence is provided. They therefore do not support a reliable GDV for this 87 sq.m Grade II Listed link-detached house. The £425,000 guide should not be treated as market value; the 1% administration fee would be £4,250 at the guide price, before any other disbursements or costs.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Proceed only after legal, listed-building, condition, valuation and rental due diligence supports a purchase price.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain and review the legal pack, Grade II Listed restrictions, survey and services information before budgeting works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed because refurbishment costs, supported GDV, rent and refinance value are unavailable. The known guide-price administration fee is £4,250, with possible additional disbursements.

Buy-to-Let Analysis

No sufficiently specific rental evidence or auctioneer rent estimate is supplied, so rent and gross yield cannot be established. Vacant possession may support letting, but Grade II Listed status and unknown condition require due diligence.

Flip Analysis

A flip appraisal cannot be supported. The available comparables are detached properties with no stated sizes or specifications, so resale value, project cost and surplus remain unquantified.

Investor Risks & Due Diligence

• Grade II Listed status may restrict alterations and increase approval requirements.

• No condition, services or refurbishment information is provided.

• No sufficiently specific rental evidence is available.

• Same-lane comparables are detached properties and may not be directly comparable.

• Additional legal, search, transfer, seller-cost or other disbursements may apply.

• The property is vacant, with no passing rent evidenced.

Recommendation

Do not bid on the current evidence alone. Proceed only after legal, listed-building, condition, valuation and rental due diligence supports a purchase price.

Strategy Rating

Analysis Confidence

No direct comparable valuation, rental evidence, condition survey, refurbishment budget or auctioneer rent estimate is supplied; additional fees are also unspecified.