Property type: Three-bedroom house
Location: Burgess Hill
Asking price: £332,500
Yield: 4.5 per cent
Our top investment opportunity in February is this fabulous modern home in a quiet area of Burgess Hill.
Built in 2009 by Crest Nicholson, the property lies just a short distance from Burgess Hill town centre and its train station with direct links to London. As such, it is sure to be in high demand among professional tenants.
Our local lettings experts have inspected the house and believe it would generate a monthly rental income of £1,295 (£15,540 per annum), which would deliver an overall yield of 4.5 per cent. In addition, investors in West Sussex can be confident of enjoying significant capital growth, with house prices in Burgess Hill having risen by 26 per cent in the last five years.
As well as a prime location for commuters, the property is also likely to be in demand among families as it lies within the catchment area for the outstanding Birchwood Grove school.
The house is comprised of a fully fitted kitchen with an integrated double oven, a well-sized lounge-diner, a master bedroom with en-suite shower facilities, two further bedrooms and a modern family bathroom.
Further benefits include a private parking space in front of a garage, which also includes extra storage space in the eaves, as well as gas fired central heating, double glazed windows and a NHBC guarantee.
For more information or to arrange a viewing please contact Leaders in Burgess Hill on 01444 450580.