2-bedroom house · PO20 9HJ
Listing removedListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Offered for sale with no forward chain and situated within a quiet retirement complex to the south of Selsey, this ground floor flat provides an exclusive opportunity for those aged 60 and above seeking a peaceful and comfortable living environment.
Boasting two double bedrooms, each equipped with built-in wardrobes for added convenience.
The living room offers a seamless transition to a patio area, perfect for relaxing and has a new remote controlled electric fire.
The property has been recently decorated with new carpet in the living room and in bedroom 1.
The modern styled kitchen is fully equipped with essential appliances, including a new ceramic sink, washing machine, oven, fridge/freezer, hob and dishwasher ensuring daily routines are executed with ease.
There is double glazing throughout the property and they have new window locks and handles enhances insulation, while electric heating provides a cosy atmosphere during colder months.
There is also fibre connection for fast broadband and landline.
With an extended lease featuring 149 years remaining and generous storage throughout, residents can enjoy long-term security and peace of mind.
The development includes well-maintained communal grounds and designated parking areas, offering ample space for both residents and visitors.
For added convenience, an onsite laundry room is readily available for residents.
Moreover, residents can take advantage of the communal meeting room boasting stunning sea views, creating an inviting space for social gatherings or quiet moments of relaxation.
This property not only provides a comfortable living space but also offers a sense of community through shared amenities and spaces designed to foster connections amongst residents.
EPC Rating: D Private Front Door Covered entrance with double glazed front door opening to: Entrance Porch Glazed door opening to: Entrance Hall Doors to all rooms Living Room (4.38m x 2.66m) Door to storage cupboard with built in shelving, double glazed window and door to the patio seating area Kitchen (2.86m x 2.57m) Washing machine, built in dishwasher, fridge/freezer and oven included with the sale Bedroom One (3.67m x 2.97m) Max measurements.
Built in double wardrobe with mirror fronted sliding doors Bedroom Two (2.89m x 2.35m) Built in double wardrobe with mirror fronted sliding doors Shower Room Walk in shower, wash hand basin and w/c Communal Garden Well kept communal garden with lawns and flower beds, patio directly sea facing.
Parking - Off Street Communal parking area on a first come first served basis.
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.
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FAQ
About Flat 28, Seaview Court Clayton Road, Chichester
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