Tilletts Lane, Warnham, Horsham
WO

Tilletts Lane, Warnham, Horsham

By Woodlands Estate Agents

£ 125,000

Reviews

1 out of 5 stars

Woodlands Estate Agents says ..

AVAILABLE TO CASH BUYERS! A first floor STUDIO APARTMENT, situated in SOUGHT AFTER VILLAGE LOCATION, entrance hall, SEMI PARTITIONED LIVING/SLEEPING AREA, separate KITCHEN, bathroom, SOLD WITH NO ONWARD CHAIN, 125 year lease, communal parking area, scope to enhance & improve.

Property Oracle says ..

The property is a maisonette located in Warnham, West Sussex. The area benefits from being relatively close to a train station (Warnham station is 2.89km away) and several primary schools, including Warnham Cofe Primary School (0.66km away), which has a “Good” Ofsted rating. This makes the location reasonably convenient for families and commuters.

Based on the provided images, the property appears to be in need of significant modernisation and renovation. The kitchen and bathroom are particularly dated and require updating. The flooring also looks worn. The overall condition is below average.

The property does not appear to have a substantial plot size (0.00 SQFT), meaning there is no garden.

Considering the list price of £125,000, the average price in the area (£623,440) and average price per sqft (£397), this property is significantly underpriced compared to the local market. However, this is likely due to the property’s condition and lack of land. While the price is low, the extensive renovation required means the overall value for money is not necessarily high. A buyer would need to factor in substantial renovation costs, potentially offsetting the initial low purchase price.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
3
Location
7
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
298.16

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
797,000.00 £
Decreased by 17.13 %
from 961,800.00 £
Est sale value
370,612.88 £
Increased by 183.14 %
from 130,892.24 £
Average area rental value
1,825.00 £/mo
Decreased by 2.20 %
from 1,866.00 £/mo
Est letting value
596.32 £/mo
from 0.00 £/mo
Est rental Yield
2.75 %
Increased by 18.03 %
from 2.33 %
Crime Rate
34.00 %
Unchanged by 0.00 %
from 34.00 %

Agent Activity

  • Woodlands Estate Agents marked this listing as sold.

  • Woodlands Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Warnham Cofe Primary SchoolVoluntary Controlled SchoolGood0.66 KM
Shelley Primary SchoolCommunity SchoolGood2.28 KM
Farlington SchoolOther Independent School2.51 KM
Tanbridge House SchoolCommunity SchoolOutstanding2.78 KM
Greenway AcademyAcademy ConverterGood2.95 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Byfleets Lane £ 257,50000.00 KM
Northlands Road £ 1,150,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Warnham5316WNH2.89 KM
Christs Hospital5319CHH4.40 KM
Horsham5309HRH4.76 KM
Littlehaven5498LVN5.34 KM
Ockley5310OLY7.24 KM

Nearby Listings

AddressPriceTypeScoreDistance
Tilletts Lane, Warnham, Horsham £ 125,000BUY3 / 100.00 KM
Tilletts Lane, Warnham, West Sussex £ 270,000BUY6 / 100.11 KM
Friday Street, Warnham, RH12 £ 525,000BUY7 / 100.13 KM
Gardeners Close, Warnham £ 225,000BUY7 / 100.21 KM
Friday Street, Warnham £ 425,000BUY6 / 100.23 KM

Nearby Properties

AddressPriceDistance
21 Tilletts Lane £ 237,0000.09 KM
13 Tilletts Lane £ 200,0000.09 KM
Newmans Cottage £ 500,0000.09 KM
1 Tuggles Plat £ 475,0000.09 KM
6 Tuggles Plat £ 535,0000.09 KM