6 Bed Detached House, Refurb/BRRR, Petworth, GU28 0HN, £2,000,000

Byworth, Near Petworth, West Sussex, GU28 0HN - 5 views - 4 months ago

Sold STC
Refurb/BRRR
~186 m²
+13 photos

ValuationOvervalued

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

 

 

Square Metres

~186 m²
Price/m²£10.8K/m²

Value Estimate

£793,261

 

 

End Value (After Refurb)

£903,762

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£500,000

Stamp Duty & Legal Fees

£212,450

Refurb Costs

£87,659

Bridging Loan Interest

£52,500

Total Cash In

£854,359

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£903,762

Mortgage (After Refinance)

£677,821

Mortgage LTV

75%

Cash Left In

£854,359

Equity

£225,940

Rent Range

£42 - £2,500

Rent Estimate

£1,427

Running Costs/mo

£3,130

Cashflow/mo

£-1,703

Cashflow/yr

£-20,432

Gross Yield

1%

Local Sold Prices

19 sold prices from £291K to £2.1M, average is £705K. £2.8K/m² to £8K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£635K12/220.51 mi5, Grove Lane, Petworth, West Sussex GU28 0BT4
£291K10/200.72 mi1, Orchard Close, Petworth, West Sussex GU28 0SA4
£535K01/210.87 mi19, Rothermead, Petworth, West Sussex GU28 0EW4
£345K02/220.87 mi4, Rosemary Close, Petworth, West Sussex GU28 0AZ4
£900K01/210.89 miKitts Willow, Middle Street, Petworth, West Sussex GU28 0BE4
£350K01/220.91 mi20, Martlet Road, Petworth, West Sussex GU28 0EZ4
£1.9M08/220.95 miThe Wall House, Pound Street, Petworth, West Sussex GU28 0DX4
£475K01/211.17 mi307, North Street, Petworth, West Sussex GU28 0DF4
£750K02/211.35 miNorth End House, North Street, Petworth, West Sussex GU28 9NL4
£2.1M10/211.55 miPitts Garden, Bedham Road, Fittleworth, Pulborough, West Sussex RH20 1JH4
£425K06/211.61 mi72, Hampers Green, Petworth, West Sussex GU28 9NP4
£1.8M06/211.61 miWestacre, Burton Rough, Burton Park Road, Petworth, West Sussex GU28 0JS4
£735K12/201.69 miAmbersham House, Lower Street, Fittleworth, Pulborough, West Sussex RH20 1JE4
£800K03/231.77 miAldermoor, School Lane, Fittleworth, Pulborough, West Sussex RH20 1JB4
£677.5K06/211.82 miManderley, The Fleet, Fittleworth, Pulborough, West Sussex RH20 1HS4
£870K10/221.83 mi6, Park Terrace, Tillington, Petworth, West Sussex GU28 9AE4
£670K10/231.86 mi1, The Gardens, Fittleworth, Pulborough, West Sussex RH20 1HT4
£715K11/222.24 miWayside, Tripp Hill, Fittleworth, Pulborough, West Sussex RH20 1ER4
£705K11/212.94 miKiln Cottage, Brick Kiln Common, Wisborough Green, Billingshurst, West Sussex RH14 0HZ4

Local Rents

14 rents from £42/mo to £2.5K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£4205/240.58 miGrove Lane, Petworth, West Sussex1
£1,37504/240.72 miToronto Road, Petworth2
£1,37504/240.75 miToronto Road, Petworth2
£85012/240.87 mi-2
£1,65011/230.88 mi-3
£95003/230.92 mi-2
£91603/240.94 miNew Street, Petworth1
£2,00009/230.96 mi-3
£1,45009/231.15 mi-2
£1,45003/241.15 mi-2
£1,49511/241.15 mi-2
£1,70003/251.63 mi-3
£2,50008/241.78 miSchool Lane, Fittleworth4
£2,50012/241.78 miSchool Lane, Fittleworth4

Local Area Statistics

Population in GU28

6,755

Population in Petworth

6,758

Town centre distance

2.35 miles away

Nearest school

0.70 miles away

Nearest train station

3.64 miles away

 

 

Sales demand

Buyer's market

Capital growth (5yrs)

+19%

Property History

Listed for £2,000,000

December 16, 2024

Floor Plans

Description

  • 5 - 6 bedrooms +
  • 6 reception rooms +
  • 5 bathrooms +
  • 6.75 acres +
  • In need of full refurbishment +
  • Outbuildings +
  • Period +
  • Detached +
  • Garden +
  • Rural +

The house boasts a wealth of period features including working fireplaces, wood panelling and large sash windows and an abundance of well-proportioned reception rooms. Of particular note is the wonderful drawing room which is light and bright with a west-facing aspect, benefiting from large windows and French doors leading directly onto the terrace. The kitchen/breakfast/dining room is also well-proportioned, with tall ceilings and a working fire, as well as an AGA; perfect for accommodating a large family or entertaining. Further reception rooms include a south-facing sitting room, billiard/games room, garden room with bi-folding doors onto the rear terrace, and a study.

To the first floor are five bedrooms (excluding the annexe), four of which are en suite, there is a family bathroom and two dressing rooms. The principal bedroom is a substantial space, benefiting from built-in wardrobes, an accessible balcony and large bathroom en suite. Each bedroom is well-proportioned and appointed and enjoys its own attractive vista, particularly those facing the gardens and views beyond.

The annexe is located within the main house, though has its own access via an internal courtyard. It is well-appointed with a kitchen on the ground floor, and the living room, bedroom and bathroom to the first floor.

Gardens and Grounds
A particular highlight to the property, Trofts sits in just over six acres of well-maintained, formal gardens, and paddocks. Upon entering the property, there is a generous stone and brick parking area, with a barn (constructed we believe in 1888) comprising two twin parking bays, a store and disused gardener's WC. The formal gardens immediately to the rear are beautiful, featuring a large flat lawn with an ornately fenced pond with a fountain at its heart, and bounded by a mature border, trees and hedging. The substantial York stone terrace which bounds the western side of the property offers plentiful space for entertaining outdoors during the summer months, and a pergola offers shade with a wisteria draped elegantly across the façade. Surrounding plants and trees here include yew, acer, and camellia. Lying to the south are further formal gardens with a swimming pool, pool house and tennis court (in need of renovation) added under the most recent ownership. At the southern-most end of the property is a small paddock with a block of three stables, and a small half brick and timber building, formerly a chicken shed. Beyond this, is a square grassed area with a pond and access to the large paddock beyond.

Accessible through electric wooden gates, Trofts lies on the edge of the delightful village of Byworth, just to the east of the historic market town of Petworth and within the South Downs National Park. Byworth village is home to two public houses, The Black Horse and The Well Diggers Arms.

Petworth 1.4 miles, Pulborough 4 miles (London Bridge 75 minutes, London Victoria 70 minutes), Midhurst 8 miles, Haslemere 12 miles (London Waterloo 56 minutes), Chichester 15 miles, Gatwick Airport 28 miles, Heathrow Airport 44 miles, London 54 miles

(All distances and times are approximate)

Agent Details

Knight Frank, Haslemere

01428 771287

Next Steps?

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