2-bedroom flat · BN44 3AJ
For saleListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robert Luff & Co are delighted to present this incredibly spacious two double bedroom 50% shared ownership flat with private garden and parking in the popular Sussex town of Steyning.
The High Street with its fine array of local shops, cafe & public house is just over half a mile radius and Steyning C Of E Primary School is just a few minutes' walk.
The generous accommodation comprises: Own front door, stairs to landing with loft access, home office nook, 15ft living room, fitted kitchen with integrated appliances, two double bedrooms and bathroom.
Outside, there is an enclosed, low maintenance rear garden with seating area and an allocated parking space. Viewing A must! Entrance Hall Own front door. Stairs to first floor.
Landing Double glazed window, loft access, storage cupboard, radiator. Office Nook Space for desk.
Living Room (4.72m x 3.30m (15'6" x 10'10")) Coving, double glazed windows to rear & side, wood effect flooring, radiator.
Kitchen (4.22m x 2.13m (13'10" x 7')) Double glazed windows to front & side.
Range of fitted wall & base level units, wooden worksurfaces incorporating single drainer sink unit with mixer tap, fitted electric oven, gas hob & extractor hood, space & plumbing for washing machine & dishwasher, space for fridge/freezer, wall mounted combination boiler.
Bedroom One (3.40m x 3.28m (11'2" x 10'9")) Double glazed window to rear, radiator. Bedroom Two (3.91m max narrowing to 2.31m x 3.10m (12'10" max n) Double glazed window to rear, radiator.
Bathroom Double glazed window to front. Fitted suite comprising: Panel enclosed bath, close coupled WC, pedestal wash hand basin, part tiled walls, radiator.
Outside Rear Garden Fence enclosed, access via gate, shingle area, seating area. Parking One allocated space & visitor parking opposite.
Lease, Outgoings & Information Lease: 106 years remaining. Rent & Service Charge: £476.77 per month.
Shared ownership is when you buy a share in the property of between 25 & 75 percent of its market value and pay rent on the share that you do not own.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 18 Reads Walk, Shooting Field, Steyning
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