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20 bedroom detached house for sale

Faygate Lane, Horsham, RH12

Offers in Excess of £4,000,000

Property Description

Key features

  • Substantial Country Estate
  • 20 apartment HMO (planning for 8 more)
  • Short Term, Serviced Lets
  • Generating a Healthy Income (potential to do more)
  • Close to Gatwick Airport
  • Various Possible Uses

Full description

Tenure: Freehold

Substantial 5 acre, 13500 sq ft Country Estate arranged as 20 self containted apartments with planning permission for 8 more. Currently generating a healthy income let on short term basis, close to Gatwick, Crawley & Horsham

Former uses include nursing home and gentleman's shooting estate.

In it's current form, each apartment commands between £70-£110 per night.

In 2013, the property was the subject of a £535,000 refurbishment project

This property has various opportunities such as:

1. Increase the occupancy and income from the existing accommodation
2. Continue to growth the current owners recently launched 'Premium Lettings' targeted at the corporate market.
2. Extend the building to add a further 10 apartments (stpp)
3. Development potential (stpp)
4. Hotel

All enquiries to Perry Power 07788 268 158, perry@powerbespoke.co.uk


More information from this agent

Listing History

Added on Rightmove:
12 October 2016

Floorplans

Map & Street View

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