Horsham is a well-regarded option for property

The average price of property in Horsham stands at £402,351 and is broken down as follows:

  • Average price paid for flats in Horsham in past 12 months stands at: £241,829
  • Average price paid for terraced properties in Horsham in past 12 months stands at: £330,561
  • Average price paid for semi-detached properties in Horsham in past 12 months stands at: £388,764
  • Average price paid for detached properties in Horsham in past 12 months stands at: £594,605

For investors, the expected rental yield is important and there are some attractive options in the RH12 postcode area. A one-bedroom property offers a rental yield of 5.67% while a two-bedroom property provides an expected rental yield of 4.81%. The expected rental yield of a three-bedroom property in RH12 stands at 2.90% and for a four-bedroom property, the expected rental yield is 3.43%. With a five-bedroom property in RH12, the expected rental yield is 3.01%.

According to Zoopla, the current average asking rents for Horsham are as follows:

  • Average asking rent for one-bedroom properties: £756 per calendar month (pcm)
  • Average asking rent for two-bedroom properties: £1,083 pcm
  • Average asking rent for three-bedroom properties: £1,740 pcm
  • Average asking rent for four-bedroom properties: £2,776 pcm
  • Average asking rent for five-bedroom properties: £3,068 pcm

Would Crawley offer more for investors?

The average price of property in Crawley stands at £326,632 and is broken don as follows:

  • Average price paid for flats in Crawley in past 12 months stands at: £205,881
  • Average price paid for terraced properties in Crawley in past 12 months stands at: £291,681
  • Average price paid for semi-detached properties in Crawley in past 12 months stands at: £356,356
  • Average price paid for detached properties in Crawley in past 12 months stands at: £492,525

A one-bedroom property offers a rental yield of 6.68% while a two-bedroom property provides an expected rental yield of 5.11%. The expected rental yield of a three-bedroom property in RH6 stands at 3.97% and for a four-bedroom property, the expected rental yield is 3.26%. With a five-bedroom property in RH6, the expected rental yield is 3.49%.

According to Zoopla, the current average asking rents for Crawley are as follows:

  • Average asking rent for one-bedroom properties: £786 per calendar month (pcm)
  • Average asking rent for two-bedroom properties: £1,076 pcm
  • Average asking rent for three-bedroom properties: £1,252 pcm
  • Average asking rent for four-bedroom properties: £1,634 pcm
  • Average asking rent for five-bedroom properties: £1,261 pcm

As local estate agents operating in Horsham and Crawley, we aim to keep in touch with the market. If you’re looking for guidance or assistance with your next move in these areas, get in touch with Taylor Robinson and we’ll be more than happy to assist you.