2-bedroom flat · RH20 4LH
For saleListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Price Range £225,000 - £235,000*** Offered chain free, this light and airy ground floor apartment has been refurbished by the current owners and now offers well designed and proportioned living space, within a moment's stroll of all local amenities.
Situated along Church Street and offered with a long lease and a share of the freehold, the property would make a perfect first time or investor buy.
A wide choice of shops, pubs, cafes, bars and restaurants will be found within a few minutes walk, plus a Waitrose supermarket, a selection of takeaways, doctors, dentists and the church.
The primary school is less than a mile away, with older children catching a bus to Steyning Grammar.
As well as having a new kitchen with high spec appliances, a new bathroom and boiler installed over the last couple of years, the flat has been redecorated throughout, all doors and flooring have been replaced and all work has been carried out to an excellent standard.
There's a garage in a nearby block, plus a communal garden and parking area
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 2, Manor Court, Storrington
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