Looking for an Investment House with Great Returns?
Carylls Country House is a 20 Apartment, 5 Acres Country Investment House
If you’re looking for an investment property, Carylls Country House is a MUST view.
Carylls was our dream and we made it a reality. We have loved every minute of building Carylls Country House to what it is today but the time has come to hand the reins to someone else and retire.
Carylls has given us an incredible lifestyle over the years and it will be sad to move on.current owners
About Carylls Country House
This imposing historical Country House provides a unique opportunity for the discerning buyer to acquire an exceptional 15th-century country house, with excellent potential. It is on the main gated route from Colgate, through Faygate to Newdigate and Reigate. (In days gone by, Colgate, Faygate, Newdigate and Reigate were toll gates used by the horse and carts travelling from the south of England to London.
Built on the Surrey/Sussex borders in 1509, it is located 6.8 miles from Gatwick airport, in a much sought after location just 4 miles equidistant from the towns of Crawley and Horsham, close to the M23 and M25 commuter routes. Central London is 28 miles away and Brighton seafront 30.
The property has recently undergone extensive renovation work with no expense spared. This gated community consist of 20 Separate letting units for the corporate let market.
With the recent discovery of Oil at Gatwick, as much as 10 billion barrels, Carylls is certainly a good speculative buy. It is the only property of its kind and has the valuable planning consent as a house in multiple occupation. It’s 5 acres of grounds let its open to further units of accommodation subjet to planning consent.
This much-loved country house has been in the hands of the present proud owners for the last 30 years.
- 8 one bedroom apartments
- 6 two bedroom Apartments
- 6 studios
- 1 three bedroom bungalow with conservatory – The Bothy – a Stable conversion (owners accommodation)
- £535,000 restoration in 2013/2014
- Currently run as a short term letting business
- Potential for various other uses
- Planning originally granted for 28 apartments
The gardens and grounds comprise approximately 5 acres. The property is approached from the road along a short gravelled drive which is flanked on one side by mature trees. The front garden has large feature water garden with fountain, well stocked with large Koi carp and other cold water ornamental fish along with aquatic plants. A family of ducks (Daisy and Donald) have also made their home on the side of the pond. The primary focus of the designer of this aquatic garden has been on the Koi, aquatic plants and the ducks.
To the front, side and rear of the property are gardens, mainly laid to lawn. The garden at the rear of the building is enclosed by a small fence, allowing views over the surrounding fields and woodland. The mature woodland is interspersed with rhododendron bushes and ornamental shrubs. The flower-beds are planted with evergreens, maple trees, heather, moss and thyme.
About The Location
Located just 3 miles from the lovely historical town of Horsham which began as a Saxon village. It was first mentioned in the 10th century. By the time of the Doomsday Book in 1086AD, it was a large village. By the 13th century, Horsham had grown into a small town. For the first time, it was described as a borough. However, Horsham was tiny by today’s standards with a population of only several hundred people.
Horsham in the 20th century:
Christ’s Hospital school moved to Horsham in 1902. Also in 1902 Horsham gained electric street lighting. The first cinema opened in 1910. A war memorial was built in 1920. The first public library and museum opened in 1929. A swimming pool was built in 1935. During the second World, War Horsham suffered several bombing raids. The worst was in November 1940 when 7 people were killed.
Modern day Horsham:
In the commercial centre of Horsham is an open square known as the Carfax. This contains the town’s Memorial to the dead of the two world wars, a substantial, well-used bandstand and a Saturday market.
Although Faygate is a select area whereby a 3 bedroom period property is currently for sale at 850,000:00, one of the main advantages is its proximity to the airport.
The airport grew into a flying club in 1931 and the aircraft which Ronald Waters owned and flew his aircrafts to include an Avro 504, Avro Avian and a de Havilland Gipsy Moth. By 1931, the Surrey Aero Club saw an increasing number of jockeys and racegoers arriving by air for meetings at the adjacent Race Course and a small hangar and clubhouse were built.
London Gatwick airport is now the UK’s second largest airport and the world’s tenth busiest international airport, carrying more than 35 million passengers each year.
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Some of the benefits an investor should consider about Carylls
- On top of the current way Carylls is run, there are lots of room for improvment.
- Carylls has 5 acres of grounds (approximately), plenty of room for extention into more accommodations.
- In buying Carylls you dont have to pay the extra 3% stamp duty levied on buy to lets as it is a short let business.
- All of the letting units are under 1 roof. Cheaper to manage, on time and management. Other companies such as shortlet.com have thier properties scattered all over the place. Management is costly and time consuming.
- Carylls is located near gatwick airport an, ever developing area.
- Plenty of scope of how you run it as you like as it’s original planning for 28 serviced apartments.
- Oil has been discovered at Gatwick; an estimated 100 billion barrels! sooner or later it will be extracted bringing increased value to Carylls. http://oilprice.com/Latest-Energy-News/World-News/Gatwick-Oil-Estimates-Too-Good-To-Be-True.html
- Carylls is run as an HMO, a valuable planning consent to have, as the councils all over the country are not so liberal with such consents anymore. They would very like to take back this consent granted in the 1960’s.
- New investor have a choice of outsourcing the whole business or run it.
- The 2nd Run way at gatwick is still a high possibility and even if Heathrow gets the go ahead, the owners of Gatwick will expand and ameliorate over and above what they already have.
- Carylls is set in beautiful historic, sussex country side.
- Carylls is not under the flight path; therefore does not get affected by noise or polution.
- Carylls is located next to the M23 n M25 corridor. Handy for commuting.
- Currently Carylls is only run with only 2 staff with a total salary is 30K approx. It has high income, low staffing level, high profits and investor’s dream.
- The 2 bedroom staff apartment and 3 bedroom owners bungalow will provide more letting units if new proprietors dont want live-in staff.
- Common areas, oak lounge, Tv Lounge and farmhouse kitchen can be converted into extra letting units or use to run events, although I have always found the oak lounge stunning and resisited any form of alterations or developement.
- Carylls is a long establised business with good planning history. In the 1950’s it run as a nursing home hotel and in the 1970’s it ran as a house in multiple occupation providing 28 self catering flats.
- Carylls has onsite safe allocated parking for 31 cars and can have many more parking spaces if required.
- Alternate use of the 5 acre gardens (approx) for (lodges etc)
- Carylls is an Historical house.
- It can be run as a country restaurant with lodgings.
- Carylls has been completely renovated with no expense spared. New owners will have little or no repair bills.
Oil at Gatwick: CLICK HERE
2nd run way at Gatwick: CLICK HERE
Advantages of an HMO licence: CLICK HERE
Carylls won’t be subject to the extra 3% stamp duty CLICK HERE