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Cherry Lane, Langley Green, Crawley, West Sussex, RH11

Key features

  • Spacious throughout
  • Driveway
  • Good-sized garden
  • Close to Gatwick Airport and local transport links
  • Suitable for HMO conversion

Description

Connect UK Sales is delighted to offer this four-bedroom property to the market. It is located in the sought-after and convenient location of Langley Green, Crawley. This substantial property is perfect as a family home or as an investment.

GROUND FLOOR:
Entrance hall leading to:
Lounge: double glazed window to front, radiator, ceiling rose light

Shower Room: Shower cubicle, W/C, sink basin, window, overhead cupboard, ceiling light
Kitchen: Range of eye level and under counter cupboards, double glazed windows to rear, door leading to side access to the garden, integrated oven with electric hobs, extractor fan, radiator, smoke alarm, utility area.

Dining room integrated into kitchen: double doors to garden, radiator, ceiling light.

FIRST FLOOR:

Bedroom 1: Large double bedroom, radiator, double glazed window, ceiling light with fan

Bedroom 2: Double bedroom, radiator, double-glazed window, ceiling light.

Bedroom 3: Double bedroom, radiator, double-glazed window, ceiling light.

Bedroom 4: Large single room, radiator, double-glazed window, ceiling light.

Bathroom: Bath, sink basin, radiator, W/C double-glazed window to rear, ceiling light.

EXTERNAL GROUNDS: Mainly laid to lawn with mature trees and shrubs

PARKING: Off-road parking
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HMO CONVERSION POTENTIAL

Conversion to six-bed HMO property - Estimated figures:

Cost of work to meet HMO legislation: Circa £40K

Room Prices:

Double Room: £750.00
Double Room: £750.00
Double Room: £700.00
Double Room: £725.00
Double Room: £725.00
Single Room: £650.00

Total Rent £ 4,300.00pcm
Sale Price: £ 450,000.00
Cost of Works: £ 40,000.00

ROI: 10.5%
GDV: Circa 22.5%

Bills: £ 150.00 per room x6 (£900.00 per month)
Council Tax - £ 160.00 (circa)
Wi-Fi - £ 40.00
Cleaner - £ 90.00
Gardner - £ 50.00
Connect UK Management - £100.00 per room

£ 2,460.00 a month.
£ 1,357.00 Mortgage (circa).

£ 1,103.00 Profit

VIEWING ARRANGEMENTS: All viewings are by appointment only. Please submit or contact us to book a viewing today.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Driveway
GARDENA property has access to an outdoor space, which could be private or shared.
Back garden,Front garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Cherry Lane, Langley Green, Crawley, West Sussex, RH11

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ifield Station1.4 miles
  • Crawley Station1.4 miles
  • Three Bridges Station1.8 miles
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About the agent

Connect-UK, Sales - Crawley

Richmond House 105 High Street, Crawley, RH10 1DD

Connect-UK, Sales - Crawley

Connect UK Sales, Property Sales and Acquisitions.

Sell commercial property or land today | Sell to motivated buyers | Sell within your time frame.

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Disclaimer - Property reference CherryLane. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Connect-UK, Sales - Crawley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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