Horsham Gates, the new development on North Road, Horsham, is getting investors excited by offering the possibility of yields of over 6% on its smallest apartments. The development is situated a stones throw from Horsham railway station that provides a service to London Victoria in as little as 54 minutes and during peak hours seven trains depart to Gatwick Airport every hour.The smaller 1 bedroom apartments feature integrated living and kitchen spaces and balconies to principle rooms. They are being marketed at £142,500 but have predicted rental values of £750 per month which would achieve a yield of 6.3 percent.There is a larger 1 bedroom layout that features a duplex design with a bedroom above the living area.The bigger apartment has a bigger price of £185,000 but the predicted rental income of £850 per month would still result in a yield of over 5 percent.
information on the development can be sought from the Cubitt and West office in
Horsham town centre.
Rental income and
house price has remained strong in Horsham.The hotly anticipated John Lewis store currently under development in
the town centre and the strong commuter links to London, Chichester and
Southampton ensures Horsham retains its property hotspot status.
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