3-bedroom flat · RH20 2BP
Sold STCReduced £10k (−4.2%) on 27 AugListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Price Range £240,000 - £260,000*** Conveniently located, this ground floor flat offers a very sociable open plan living / dining / kitchen, with two double bedrooms and a small third bedroom which would make a lovely kid's room, nursery, study or - as it's currently used - a walk in dressing room.
Bedroom one has an ensuite shower with wash basin and an external door gives access to a small courtyard area outside ( legal access to which should be checked by your conveyancer ).
There's access from the hallway to the side of the property, along a private pathway to Lower Street, where a number of local amenities will be found, including The Oddfellows Arms, Truffles Bakery, Dominos' Pizza, a corner shop and a couple of barber shops, etc.
The mainline railway station is about 15 minutes away on foot, with direct routes to London and Gatwick. Further shops, bars, cafes and two supermarkets will be found in the village.
The primary school and recreation ground with outdoor gym equipment are only a few minutes walk away, with older childen catching a bus to The Weald from a couple of stops close by.
The property feels bright and light, with almost 900sq ft of living space.
The communal areas are shared with just two other flats plus an estate agency office and there's an allocated parking space in the corner of the shared parking area.
The current owners have a licence to access the parking area across hatching from the Lower Street car park and inform us that they pay £270 per year for the privilege.
The ground rent and service charge are reasonably low and further details of all of this are available on request
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
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FAQ
About Flat 3 The Mews, 89, Lower Street, Pulborough
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