2-bedroom flat · RH17 6FS
For saleReduced £10k (−3.4%) on 23 JulListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern, bright and ready to move into, this spacious two double bedroom ground floor apartment offers a private patio overlooking the green, allocated parking and being sold chain free!
Tucked away within a peaceful modern development, this beautifully presented two-bedroom ground floor apartment offers stylish, well-maintained accommodation with a real sense of home.
Available to purchase on a 50% Shared Ownership basis, this is a fantastic opportunity for first-time buyers, or those who do not currently own another property, to take an affordable step onto the property ladder.
Lovingly cared for since new by the current owner, the apartment enjoys a bright and spacious open-plan kitchen/living area, designed for modern day living and ideal for both relaxing and entertaining.
A real feature of the home is the private patio area, which overlooks the attractive green and provides the perfect spot for a morning coffee or to unwind at the end of the day.
There are two generous double bedrooms, with the principal bedroom benefitting from mirrored fitted wardrobes, alongside a contemporary bathroom finished to a high standard.
Further benefits include an allocated parking space.
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 31, Long Lane, Handcross
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