8 bedroom detached house for sale

Marylands is a substantial detached period home set within a mature plot of approximately 0.74 acres, occupying a peaceful semi-rural position on the outskirts of Ifield.

The property is currently arranged as an eight-bedroom HMO, with all rooms let and generating a combined income of approximately £5,000 per calendar month, making it an attractive proposition for investors seeking immediate return. All rooms let on Assured Shorthold Tenancy agreements.

Importantly, however, the accommodation has not been purpose-built for HMO use and retains the scale, proportions, and layout that would allow it to be comfortably reconfigured back into a sizeable family home, subject to a purchaser's needs and any necessary consents.

The ground floor is arranged around a central hall with staircase, providing access to a series of well-proportioned rooms. These rooms are presently used as bedrooms, alongside two kitchen areas, shower rooms, and a utility/laundry room.

From a family-house perspective, the layout naturally lends itself to reinstating formal and informal reception spaces, with scope for a kitchen-dining-family arrangement linking to the conservatory and gardens.

To the first floor, the accommodation continues with four further generous bedrooms and a family bathroom, all enjoying pleasant outlooks over the surrounding gardens and countryside.

Outside, the property is approached via a large gravel driveway providing ample off-road parking. The gardens are a particular feature, extending to approximately 0.74 acres and offering a high degree of privacy, mature planting, and open views beyond. A number of outbuildings provide useful ancillary storage and further potential, subject to requirements.

Marylands therefore represents a rare dual-purpose opportunity: a strong income-producing investment as presently configured, or a substantial rural family home with scope for improvement, remodelling, or extension (subject to the usual planning considerations).

Investor Note
The property is currently operated as an eight-bedroom HMO, with all rooms let at approximately £600 pcm, producing a gross income of circa £5,000 per calendar month (£60,000 per annum). Buyers should make their own enquiries regarding licensing, compliance, and future operation.

In addition to the existing income, the scale of the plot, the footprint of the house, and the presence of outbuildings suggest further potential to enhance the investment, including the creation of additional bedrooms and en-suite facilities.

This could be achieved through reconfiguration, extension, or redevelopment of existing ancillary structures, subject to the necessary planning permissions, building regulations, and HMO licensing requirements.

Any such works would have the potential to increase rental income and improve long-term yield, making the property particularly attractive to investors seeking a value-add opportunity rather than a fixed-return asset.

There is also potential development potential subject to planning and building consents.

We are carrying out a number of open day viewings so please contact Martin and Co Horsham[use Contact Agent Button]
We are also the agent that lets the rooms so can assist on all enquiries.

Material Facts

Price: £650,000
Tenure: Freehold

Council Tax Band: G
Local Authority: Horsham District Council

EPC: F
Property Type: Detached House currently used as an HMO with 8 habitable rooms

Mains Services: Electricity and Water
Drainage: Cesspit
Heating Type: LPG Heating to radiators

Parking: Ample Off street parking

Garden: Private garden approx. 0.74 acres

Broadband Information: 2mbps to 76 mbps
Fibre to the cabinet

Mobile Coverage: Average with most providers, poor with o2.

Flood / Erosion Risk

River and Seas: Very low
Surface water: Low

Further Information:
Should a purchaser have an offer accepted on a property marketed by Martin & Co, they will need to undertake an identification check to meet our obligations under Anti-Money Laundering Regulations. An online service provided by Lifetime Legal will be used; the cost of these checks is £65 incl. VAT per purchase, paid in advance and non-refundable in all circumstances.