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See how verdicts work2-bedroom flat · BN16 3SE
For saleReduced £10k (−5.6%) on 11 SepListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bright 2 bedroom retirement flat in Rustington, perfectly positioned for a comfortable and convenient lifestyle.
Accessed via either the stairs or a stair lift to the first floor, spacious master bedroom, second bedroom/dining room, spacious lounge, delightful south balcony with views over the gardens with water feature.
Presenting a bright and welcoming two-bedroom retirement flat in Rustington, West Sussex, perfectly positioned for a comfortable and convenient lifestyle.
The flat is remarkably well-kept, enjoying a pleasant and tidy presentation throughout, making it move-in ready for its next residents.
Accessed via either the stairs or a a stair lift for effortless entry to the first floor, this lovely home boasts a spacious master bedroom complete with built-in wardrobes for superb storage.
The second bedroom offers wonderful flexibility-ideal as a guest room, home office or, indeed, a separate dining area.
The spacious lounge opens up to a delightful balcony with a useful external power socket, perfectly orientated to the south.
Savour peaceful views over beautifully maintained communal gardens, complete with a lovely water feature.
For socialising and relaxation, residents can also take advantage of the shared lounge/dining room/conservatory-with a useful kitchenette making it a fabulous space for reading, meeting friends, or joining in on community activities.
There is also guest suite available to hire. Security and comfort are prioritised with 24-hour alarm pull cords throughout, and peace of mind comes with a visiting manager on hand.
The electric heating ensures the flat stays cosy all year round.
Residents benefit from excellent outside space, including a private garage fitted with a convenient electric door-ideal for secure parking or storage.
This charming retirement development is enviably located on the cusp of Rustington and East Preston.
Local shops at Manor Parade are within easy reach, offering everyday essentials and a Sainsbury's supermarket is also just around the corner, making weekly shopping a breeze.
Angmering mainline railway station provides direct connections for visiting family, while excellent local bus routes offer unrivalled access to the surrounding coastline and towns.
With so much to offer in a prime West Sussex location, this retirement flat is not to be missed. Arrange your viewing today to experience everything this superb home has to offer.
Service Charge - £3.464.11 per annum Lease - 125 years from 24/6/1988 Ground Rent - £220 per annum Age Restriction - One person must be of State Retirement Age Council Tax Band 'D' security entryphone system stairs & stair lift to first floor entrance hall lounge 19' x 14' 10" (5.79m x 4.52m) private balcony kitchen 10' 6" x 7' 9" (3.2m x 2.36m) bedroom 1 13' 7" x 13' 2" (4.14m x 4.01m) bedroom 2/dining room 11' 3" x 9' (3.43m x 2.74m) bathroom/WC personal garage communal gardens residents conservatory
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 22, The Leas, Rustington
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