1 Sandy Lane, Crawley Down, Crawley, RH10 4HS RESIDENTIAL PORTFOLIO INVESTMENT for SALE

1 Sandy Lane, Crawley Down, Crawley, RH10 4HS RESIDENTIAL PORTFOLIO INVESTMENT FOR SALE

Key Features • Opportunity to purchase a portfolio investment with potential to add value through active asset management • Located in a popular mid Sussex village within close proximity of Gatwick airport • Comprising 4 x 1 double bedroom flats and surrounding parking & land • Offers in the region of £600,000

Location The property is located to the western end of Sandy Lane in Crawley Down, a popular village in the Mid Sussex district of West Sussex. Sandy Lane links Turners Hill Road and Vicarage Road, and is located approximately 3 miles from the M23 motorway linking London and the M25 to Gatwick, Crawley and the south coast.

Accommodation The subject property comprises 4 single dwellings which form part of a 2 storey mixed use building and are arranged over ground and first floors to the eastern end of the block and accessed to the rear.

Each unit consists of an open plan kitchen / diner / living room, with separate shower / bathroom and double bedroom located to the rear.

We understand that each dwelling measures approximately 28 sq m (301 sq ft).

Additionally, and by way of separate title, the sale also includes the surrounding land and parking provision, shown edged in red on the tile plan exert opposite, and part of which we understand to have previously been sold off by way of long leasehold interest. Further information available upon request.

Flude Commercial | Pavilion View | 19 New Road | Brighton BN1 1UF 1 Sandy Lane, Crawley Down, Crawley, RH10 4HS

Tenure VAT We understand that each dwelling is currently occupied by way of an Assured Rents and prices are quoted exclusive of, but may be subject to VAT. Shorthold Tenancy (AST) agreements as set out below: Legal Fees 1 £675pcm since Feb 2010 Each party to bear their own legal costs incurred. 1A £650pcm since Feb 2013 1C £615pcm since Nov 2015 Viewings and Further Information 1D £750pcm since Aug 2018 (Recently refurbished) Strictly by appointment through the sole agents Flude Commercial.

Providing annual income of £32,280, and with in our view with the potential to Please contact: increase the income further through active asset management. Ed Deslandes / Alex Roberts Email: [email protected] / [email protected] Terms Telephone: 01273 727070 We have been instructed to seek offers in the region of £600,000 (six hundred thousand pounds) for our client’s freehold interest. NB You should be aware of the Code for Leasing Business Premises in England and Wales 2007. Details can be found at www.leasingbusinesspremises.co.uk.

Flude Commercial for themselves and for the vendors or lessors of this property whose agents they are give EPC Council Tax notice that: i) these particulars are set out in good faith and are believed to be correct but their accuracy The EPC for each flat is as follows: The council tax band for each flat is as follows: cannot be guaranteed and they do not form any part of any contract; ii) no person in the employment of Flude Flat 1 - C (74) 1 – B Commercial has any authority to make or give any representation or warranty whatsoever in relation to this property. Flat 1A - C (74) 1A – A Flat 1C - C (75) 1C – A Flat 1D - C (75) 1D – A

Flude Commercial | Pavilion View | 19 New Road | Brighton BN1 1UF