Sold STC Flat

Railway Approach

East Grinstead, RH19 1EG

Listed 26 Dec 2016 (-3467d)

£140,000

Reduced on 2 Feb 2017

Save

Communal Gardens Communal Gardens Lounge / Bedroom Lounge / Bedroom Kitchen Communal Gardens Bathroom

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Property details

Tenure

LEASEHOLD

Last sold

£129,000

Local average

£215,236 (-35%)

Deprivation

Decile 5 (14,270 of 33,755)

Street crime

149 incidents within 1 mile (Apr 2026)

Key features

  • Studio apartment
  • Allocated parking space
  • Communal gardens
  • First floor apartment
  • Vacant possession

Additional details

Parking
Yes

Description

SUMMARY
Ideally located for commuters and in close proximity of the town centre. A good sized studio apartment. Vacant possession. Allocated parking.


DESCRIPTION
Entrance hall leading to the first floor. Door to hallway with storage cupboard. Door to bathroom with power shower over bath. main reception area with generous space for bed and built in wardrobe. A good sized kitchen with space for a small table, a range of wall and base units and plenty of worktop space. Externally, the property benefits from an allocated parking space and the use of pretty communal gardens.

Entrance Hall 
Storage cupboard. Door to lounge. Door to bathroom

Lounge / Bedroom 19' 9" narrowing to 6' 9" x 11' 8" ( 6.02m narrowing to 2.06m x 3.56m )
Double glazed window to front & side. Built in double wardrobe.

Kitchen 9' x 6' 6" ( 2.74m x 1.98m )
Double glazed window to rear. Fitted kitchen with matching wall & base units. Sink / drainer. Work surfaces. Space for cooker. Space for fridge / freezer. Part tiled walls. Plumbing for washing machine.

Bathroom 
Wash hand basin. WC. Bath with shower over.

Communal Gardens 

Allocated Parking 

East Grinstead 
The popular market town of East Grinstead is located approximately half way between London and the south coast. The town boasts a wealth of architectural heritage and the High Street retains period buildings with old world charm. There are a number of coffee shops, restaurants, a museum, a leisure centre and Chequer Mead theatre within the town. Surrounded by some of the finest countryside in the south east, East Grinstead is in close proximity to Ashdown Forest which is designated as an area of outstanding natural beauty. The recently reopened Bluebell Steam Railway links the town to Sheffield Park with regular excursions throughout the year. The mainline railway station offers frequent services to London Victoria or London Bridge in just under the hour. The town is ideally situated for access to the M23 and M25 motorways with Gatwick being the closest airport.


DIRECTIONS
From Connells office in East Grinstead, head north. Take the first left, Railway Approach. After 500 meters you will find St Leonards Park on the left opposite Mid Sussex Timber.


Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Listed by

East Grinstead

Connells

Reference: 46098594

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC 1

EPC 1

Price history

No sales history found for this property in Land Registry Price Paid data.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
CHARTER PLACE, 2 FLAT 5 ORCHARD WAY, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1SW £112,500 27/11/2025 Flat
129 ST LEONARDS PARK, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1EG £150,000 12/08/2025 Flat
70 ST LEONARDS PARK, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1EE £205,000 06/03/2025 Flat
38 ST LEONARDS PARK, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1EE £160,000 14/02/2025 Flat
35 ST LEONARDS PARK, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1EE £135,000 10/01/2025 Flat
64 ST LEONARDS PARK, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1EE £206,000 07/01/2025 Flat
61 ST LEONARDS PARK, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1EE £215,000 22/11/2024 Flat
NEWACRE HOUSE FLAT 6 WOOD STREET, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1UG £195,000 30/08/2024 Flat
9 WHITE LION CLOSE, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1UD £240,000 21/12/2023 Flat
ST. JAMES COURT FLAT 4 ST JAMES ROAD, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1DB £85,000 20/12/2023 Flat
OVERTON COURT APARTMENT 6 RAILWAY APPROACH, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1BZ £112,500 20/10/2023 Flat
37 ST LEONARDS PARK, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1EE £157,000 22/09/2023 Flat
123 ST LEONARDS PARK, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1EG £185,000 03/07/2023 Flat
57 ST LEONARDS PARK, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1EE £225,000 05/05/2023 Flat
NEWACRE HOUSE FLAT 18 WOOD STREET, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1UG £208,000 30/03/2023 Flat
NEWACRE HOUSE FLAT 21 WOOD STREET, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1UG £220,000 23/01/2023 Flat
NEWACRE HOUSE FLAT 66 WOOD STREET, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1UR £210,000 21/12/2022 Flat
GREENSTEDE HOUSE FLAT 14 WOOD STREET, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1UZ £433,727 20/12/2022 Flat
NEWACRE HOUSE FLAT 3 WOOD STREET, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1UG £220,000 09/12/2022 Flat
39 ST LEONARDS PARK, EAST GRINSTEAD, MID SUSSEX, WEST SUSSEX, RH19 1EE £140,000 09/12/2022 Flat

Area average: £190,736 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -9.6%
10y growth -5.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Mid Sussex. Series: Flats and maisonettes. As of March 2026.

1y (index) -2.2%
5y (index) 4.8%
10y (index) 12.6%

Rental Range

Estimated market rent for Mid Sussex. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,274/mo
Realistic £1,415/mo
Optimistic £1,557/mo

Based on Local Authority from postcode lookup → Mid Sussex.

LHA (30th percentile) floor for Crawley & Reigate: Apr 2025 – Mar 2026

Location

Address

121-128 St Leonards Park

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Washday Laundrette 0.0 miles
Shop Antares Wood Floors 0.0 miles
Bus stop Brooklands Way 0.1 miles
Train station East Grinstead 0.1 miles
Train station East Grinstead (Bluebell) 0.3 miles
Hospital Queen Victoria Hospital 0.9 miles
University St Piers College 3.5 miles
Hospital Edenbridge and District War Memorial Hospital 5.6 miles
University University of Sussex 11.6 miles

Street-level crime

Category Count
Violence and sexual offences 44
Anti-social behaviour 39
Criminal damage and arson 15
Other theft 12
Shoplifting 8
Public order 7
Burglary 6
Vehicle crime 6
Robbery 4
Other crime 3
Drugs 2
Possession of weapons 2
Theft from the person 1
Total incidents 149

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St Mary's CofE Primary School, East Grinstead Primary 0.5 miles Good — 22 Apr 2013
St Peter's Catholic Primary School Primary 0.6 miles Good — 15 Jul 2015
The Meads Primary School Primary 0.6 miles Good — 6 Feb 2015
Halsford Park Primary School Primary 0.7 miles Good — 24 Jan 2023
Blackwell Primary School Primary 0.7 miles Good — 17 Jul 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Glenister House, RH19 £1,250/mo 2 0.27 miles OpenRent
2 Bed Flat, King Street, RH19 £1,300/mo 2 0.27 miles OpenRent

Average rent: £1,275/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.91%
Max investor price (0.8%) £159,375
Target investor price (1%) £127,500
Gross yield 10.9%
Cost-to-rent ratio 9.2×
Monthly cashflow £571/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 16.9%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).