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For Sale 12 Bedrooms 5 Bathrooms 0 Reception Guide Price £1,250,000

Cranston Road, East Grinstead, RH19 - Guide Price £1,250,000

Guide Price £1.25m - £1.35m This substantial Victorian detached building is located just 0.8 Miles from East Grinstead train station. Currently set up as a 12 room House of Multiple Occupation (HMO) with a current Fully Let Income of £105,720.00 P/A.

Drury Lodge, Cranston Road, East Grinstead, Sussex. Drury Lodge provides twelve single or double rooms to rent, each with their own kitchen facilities and a bathroom shared with just one or two other tenants. This grand Victorian building is set in a spacious garden shared by the tenants and maintained by a gardener. It is exceptionally well located: East Grinstead town centre and the Queen Victoria Hospital are each within ten minutes' walk and East Grinstead station is within 15 minutes. East Grinstead is an attractive town in North Su ...Read More

Typical Monthly Repayment: £5576.54 from Mortgage Advice Bureau

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Up to £250k (Percentage rate 0%)

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Above £250k and up to £925k (Percentage rate 5%)

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Above £925k and up to £1.5m (Percentage rate 10%)

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Above £1.5m (Percentage rate 12%)

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Up to £425k (Percentage rate 0%)

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Above £425k and up to £625k (Percentage rate 0%)

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Please note: This calculation is for illustrative purposes only. Calculations applicable to transactions completing after 23/09/2022. The above calculator should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.

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Letting Fee Information

1) Tenant Referencing Fee - 1st Applicant £200.00 + VAT = £240.00. Plus £100.00 + VAT = £120.00 for each tenant thereafter.

2) Admin Fee for Tenant  (Check out )
    Studios, One Bedroom, Two Bedrooms -  £120.00 + VAT £24.00 = £144.00
    Three Bedrooms -  £150.00 + VAT £30.00 = £180.00
    Four Bedrooms -  £200.00 + VAT £40.00 =£240.00
    Five Bedroom -  £250.00 + VAT £50.00 = £300.00

3) Holding Deposit - £300.00 which will be deducted off the first month’s rent.

4) Tenancy Renewal - £100.00 + VAT = £120.00

5) Tenancy Deposit - Typically six weeks of the monthly rent, lus first month’s rent in advance. (For Example. Rent £1000.00 per calendar month paid in advance. Tenancy Deposit £1500.00. (six weeks rent) full amount payable at start of tenancy £2500.00.)