2-bedroom flat · GU29 0FF
Sold STCListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £425,000 - £450,000** King and Chasemore are pleased to offer this 'Penthouse Style' apartment within the prestigious King Edward VII development, which is offered with no forward chain.
The property which is located within the popular 'Nurses House' occupies the second floor and benefits from a long southerly aspect balcony with doors from all principal rooms.
Internally the accommodation comprises :- Entrance hall with doors leading to the major rooms with recessed storage cupboards and dormer style windows.
The spacious living room benefits from a southerly aspect and twin sets of 'French' style doors leading to the balcony.
The separate modern fitted kitchen comprises a range of base and eyelevel units in light grey with integrated appliances by 'Siemens' including :- Integrated and concealed, fridge freezer, washing machine & dishwasher'.
Integrated oven and hob and an integrated microwave.
The master bedroom is a generous double with doors leading to the balcony and a modern fitted ensuite bathroom and a separate walk in dressing room.
The second bedroom also benefits from doors leading to the balcony, has a bespoke range of fitted wardrobes and is serviced by the guest shower room.
The property is offered with no forward chain and early viewing is advised. Residents of the estate share the use of an indoor heated swimming pool, stunning residents lounges and a gym.
The properties are situated within the heart of the South Downs National park and surrounded by beautiful private grounds.
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.
Area
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FAQ
About 18 The Nurses House,, Adams Walk, West Sussex
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