5 Bed Detached House, Single Let, Petworth, GU28 9NJ, £1,000,000

Petworth West Sussex, GU28 9NJ - 6 months ago

BTL
~178 m²
+9 photos

ValuationOvervalued

Sold Prices£291K - £2.1M
Sold Prices/m²£2.8K/m² - £8K/m²

 

 

Square Metres

~178.28 m²
Price/m²£5.6K/m²

Value Estimate

£670,096

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£250,000

Stamp Duty & Legal Fees

£72,450

Total Cash In

£322,450

 

 

Cash Out

 

Rent Range

£42 - £2,000

Rent Estimate

£867

Running Costs/mo

£3,318

Cashflow/mo

£-2,451

Cashflow/yr

£-29,417

Gross Yield

1%

Local Sold Prices

19 sold prices from £291K to £2.1M, average is £750K. £2.8K/m² to £8K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£750K02/210.07 miNorth End House, North Street, Petworth, West Sussex GU28 9NL4
£475K01/210.17 mi307, North Street, Petworth, West Sussex GU28 0DF4
£425K06/210.33 mi72, Hampers Green, Petworth, West Sussex GU28 9NP4
£900K01/210.48 miKitts Willow, Middle Street, Petworth, West Sussex GU28 0BE4
£1.9M08/220.54 miThe Wall House, Pound Street, Petworth, West Sussex GU28 0DX4
£345K02/220.55 mi4, Rosemary Close, Petworth, West Sussex GU28 0AZ4
£291K10/200.59 mi1, Orchard Close, Petworth, West Sussex GU28 0SA4
£350K01/220.73 mi20, Martlet Road, Petworth, West Sussex GU28 0EZ4
£535K01/210.89 mi19, Rothermead, Petworth, West Sussex GU28 0EW4
£635K12/220.91 mi5, Grove Lane, Petworth, West Sussex GU28 0BT4
£870K10/220.97 mi6, Park Terrace, Tillington, Petworth, West Sussex GU28 9AE4
£845K09/212.44 miColhook Cottage, London Road, Petworth, West Sussex GU28 9NB4
£1.8M06/212.47 miWestacre, Burton Rough, Burton Park Road, Petworth, West Sussex GU28 0JS4
£2.1M10/212.69 miPitts Garden, Bedham Road, Fittleworth, Pulborough, West Sussex RH20 1JH4
£735K12/202.89 miAmbersham House, Lower Street, Fittleworth, Pulborough, West Sussex RH20 1JE4
£1.9M04/222.92 miSt Peters Well, Vicarage Lane, Lodsworth, Petworth, West Sussex GU28 9DF4
£1.5M03/222.95 miNetherfield, Vicarage Lane, Lodsworth, Petworth, West Sussex GU28 9DF4
£800K03/232.97 miAldermoor, School Lane, Fittleworth, Pulborough, West Sussex RH20 1JB4
£677.5K06/212.98 miManderley, The Fleet, Fittleworth, Pulborough, West Sussex RH20 1HS4

Local Rents

12 rents from £42/mo to £2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,45009/230.19 mi-2
£1,45003/240.19 mi-2
£1,49510/240.19 mi-2
£1,70003/250.35 mi-3
£2,00009/230.4 mi-3
£91603/240.46 miNew Street, Petworth1
£1,65011/230.5 mi-3
£1,37504/240.67 miToronto Road, Petworth2
£1,37504/240.68 miToronto Road, Petworth2
£85011/240.76 mi-2
£95003/230.79 mi-2
£4205/240.87 miGrove Lane, Petworth, West Sussex1

Local Area Statistics

Population in GU28

6,755

Population in Petworth

6,758

Town centre distance

1.16 miles away

Nearest school

0.90 miles away

Nearest train station

4.69 miles away

 

 

Sales demand

Buyer's market

Capital growth (5yrs)

+19%

Property History

Listed for £1,000,000

October 15, 2024

Floor Plans

Description

  • Reception hall +
  • Cloakroom +
  • Open plan kitchen/dining room +
  • Utility room +
  • Double reception room +
  • Study/bedroom 5 +
  • Master suite of bedroom and shower room +
  • 3 Further bedrooms, Bathroom +
  • Gas fired central heating +
  • Delightful landscaped gardens, Ample parking +

SITUATION:
The property is situated at the end of a private lane on the northern fringe of Petworth, well away from main roads but within walking distance of the town centre and very close to Petworth Park. The historic market town of Petworth lies at the heart of the South Downs National Park and is perhaps best known for the National Trust owned Petworth House with its beautiful 750 acre parkland. The town also benefits from a regular farmers market, first class deli and shops catering for most everyday needs. There are annual Petworth music and literary festivals and a range of vibrant activities, clubs and societies. Sporting activities include golf at Cowdray Park and horse and motor racing at Goodwood. More comprehensive shopping facilities, including major supermarkets, can be found in Chichester (12 miles) as well as the renowned Festival Theatre. Communications with London are surprisingly easy with mainline stations at Haslemere (12 miles, Waterloo 60 minutes) and Pulborough (4 miles, Victoria 70 minutes). The A3 (M) is within a 17 mile drive.

DESCRIPTION:
Originally dating from the early 1900's, Grassmere has undergone a transformation in recent years which has resulted in the present characterful yet contemporary detached family house. The property is effectively a nearly new house with works including not only a substantial extension but also reroofing, new windows and doors along with new high quality interior fittings and services. The well proportioned accommodation provides a sought after blend of light filled open plan living space with charm and character. The front door opens to a generous reception hall with cloakroom. The double aspect kitchen/dining room is the perfect family space with a central island and breakfast bar, bi-fold doors to the garden, dining area and separate fully fitted utility room. Steps lead down to the double length reception room (this room could easily be sub divided) which offers a cosy sitting area at one end with a (gas) wood stove providing a focal point. At the other end a light and airy garden room has bi-fold doors opening on to the garden terrace. From the hall stairs rise to the spacious landing, a book shelf lined study provides a quiet and sunny work from home space or 5th bedroom if required. The master suite has a range of fitted cupboards and an ensuite shower room, there are two further double bedrooms, a single bedroom and a family bathroom.

OUTSIDE:
To the front of the property there is a gravelled parking area for several cars. Steps lead up to a raised terrace flanked by a landscaped garden with stone retaining walls. A glazed verandah provides a year round south facing al fresco sitting area. The garden to the rear of the property has been thoughtfully landscaped with direct access from the kitchen and the sitting room. A wide paved terrace opens to a sweeping lawn flanked by well stocked raised borders. To one side a pathway meanders through a "wild garden". An archway opens to a vegetable garden with raised beds, greenhouse and garden shed. A wide passageway to the side of the house provides access from the front and out of sight storage for bins. A second shed offers further dry storage.

SERVICES: Mains water, gas, electricity and drainage. Gas fired central heating.

COUNCIL TAX: BAND F. Chichester District Council. Tel.

Agent Details

Barrington & Company, Petworth

01798 309657

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪