2-bedroom flat · BN44 3BF
For saleReduced £10k (−7.1%) on 2 SepListed 166 days
Opportunity summary
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About
Elegant Retirement Living with Scope to Personalise A wonderful opportunity to create your ideal home in the heart of Steyning Set within the highly sought after Penns Court retirement development, this two bedroom apartment presents an excellent opportunity for buyers seeking a peaceful, secure retirement lifestyle with the added benefit of scope to update and personalise to their own taste.
Built circa 1989 by Sussex Homes Limited, Penns Court is an award winning development designed exclusively for the over 60s and is ideally located just a short stroll from Steyning High Street and its wide range of independent shops, cafés and local amenities.
The apartment is accessed via a first floor landing and offers well proportioned accommodation comprising two bedrooms, a dual aspect living room, a fitted kitchen, and a shower room.
The entrance hall provides access to the first floor via stairs and a secure entry phone system provides reassurance and peace of mind.
While the property has been well cared for, it would now benefit from redecoration, new flooring and ideally the installation of a new kitchen and bathroom.
That said, the existing kitchen and shower room are fully serviceable, allowing a buyer to move in immediately and improve the property over time to suit their own preferences.
Penns Court is particularly well regarded for its beautifully maintained communal gardens, featuring mature shrubs, trees and paved seating areas that provide attractive and tranquil spaces to relax or socialise.
Residents also benefit from a part time house manager, a 24hour emergency call system and professionally managed external maintenance, helping to support a low maintenance lifestyle.
The property offers an ideal opportunity to enjoy independent living within a friendly and supportive environment, close to essential amenities including shops, a Post Office, library, health centre and places of worship.
Situated between the South Downs National Park and the rolling West Sussex countryside, Steyning is a historic and highly desirable market town, widely considered an excellent location for retirement.
The town offers a strong sense of community along with a selection of traditional pubs such as The Star Inn and The White Horse, independent cafés and a variety of local eateries.
For those who enjoy the outdoors, there is easy access to scenic walks including the South Downs Way and the Steyning Bowl, while the High Street provides antique shops, galleries and historic architecture to explore.
St Andrew’s Church, dating back to the 13th century, adds to the town’s character and appeal.
Steyning is well connected, with straightforward access to the A27, regular bus services to Horsham and Brighton, and mainline rail services to London available from nearby Shoreham by Sea.
Overall, this apartment offers a compelling combination of location, community and potential, making it an appealing choice for those looking to create a comfortable and personalised retirement home.
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
Agent & docs
FAQ
About 33 Penns Court,, Horsham Road, West Sussex
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