1-bedroom flat · BN15 0DE
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Excellently presented purpose built second floor apartment with long lease, private parking space & no ongoing chain Forming part of a popular flint faced development of just twelve apartments constructed in the early 1990's, whilst presented to a lovely standard throughout, this fabulous second-floor purpose-built apartment offers an ideal opportunity for first-time buyers and investors alike.
Offered with no ongoing chain and a long lease, the property combines modern comfort with complete convenience.
Upon entering, you are welcomed by a bright and airy double-aspect living and dining room, providing a wonderful, light-filled space to relax or entertain.
Adjoining this is a sleek, contemporary white gloss kitchen finished with stylish oak work surfaces.
The accommodation further features a well-proportioned double bedroom complete with built-in wardrobe storage, alongside a modern-style bathroom/wc.
Further benefits include uPVC double glazing, a secure security entry system, and the added convenience of an allocated private parking space.
Residents also enjoy access to a communal garden and patio area. Call today to arrange a viewing
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
Agent & docs
FAQ
About 9, Wheelwrights Lodge, Sompting
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