1-bedroom flat · PO22 6RF
Under offerListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
They say that good things come in little packages, and for some that means diamonds, gold bullion, or perhaps even a cheque!
In the case of property, this purpose-built ground floor studio flat could be just that.
Built around 30 years ago, the flat could serve a variety of owners, offering a compact but affordable first step on the property ladder (subject to mortgage restrictions) or a solid investment opportunity.
Now in need of significant modernisation, it provides a blank canvas for someone keen to update and transform it to their own style.
The property benefits from the balance of a 999-year lease, double glazing, a garden and an allocated parking space. With scope to add real value, why not contact May's for an appointment to view.
ENTRANCE PORCH: INNER LOBBY: LIVING/BEDROOM: 14' 7'' x 9' 11'' (4.44m x 3.02m) Cupboard; double glazed double doors to private rear garden.
KITCHEN AREA: 9' 3'' x 5' 2'' (2.82m x 1.57m) SHOWER ROOM:: Corner shower cubicle; close coupled W.C.; wash basin inset in vanity unit with twin cabinet beneath; cupboard housing lagged hot water cylinder.
OUTSIDE AND GENERAL GARDENS: The rear garden faces roughly west and has a depth of approximately 55 feet. PARKING: There is 1 allocated parking space.
LEASE DETAILS: We understand that there is the balance of a 999 year lease from June 1983, the ground rent is a peppercorn, and any maintenance or service charge is payable as and when required.
We have not had sight of documentation to verify this information and therefore any prospective purchaser should ensure that these details are checked and confirmed by their conveyancer before proceeding.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Kynon Gardens, Felpham
Explore nearby