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See how verdicts work2-bedroom flat · BN9 9EN
Opportunity summary
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About
Property Reference: 6a5091d f762b92 Beautiful Two Bedroom Apartment | Tenant in Situ | £1,000 PCM Rental Income | Share of Freehold | Garage | Chain Free We are delighted to present this beautifully presented second-floor apartment, ideally positioned just moments from the seafront and Newhaven Marina.
Currently let on an Assured Shorthold Tenancy (AST) generating £1,000 per calendar month (£12,000 per annum), this property represents an excellent turnkey buy-to-let investment with an immediate rental income from day one.
Alternatively, the property would also make a superb first home or coastal retreat should vacant possession be required in the future.
The apartment offers two generous double bedrooms, a bright and spacious lounge opening onto a private balcony with attractive views towards the sea, a modern fitted kitchen and a contemporary shower room.
Further benefits include a garage, off-road parking, a share of the freehold and low monthly maintenance costs.
Key Features Excellent buy-to-let investment Tenant in situ on an AST Currently achieving £1,000 per calendar month (£12,000 per annum) Approximate 7% gross rental yield at the asking price (subject to purchase price) Beautifully presented second-floor apartment Two generous double bedrooms Spacious lounge with private balcony Balcony with views towards the sea Modern fitted kitchen Contemporary shower room Garage and additional off-road parking Share of the freehold Purpose-built development Marine Court maintenance contribution of approximately £85 per month Walking distance to Newhaven Marina, the beach and local amenities Excellent transport links to Brighton, Lewes and Seaford Accommodation Accessed via a secure communal entrance with entry phone system, the apartment offers a welcoming hallway with useful storage and loft access.
The spacious living room is filled with natural light and opens directly onto a private balcony, providing the perfect place to enjoy the coastal outlook.
The modern kitchen offers a range of fitted wall and base units with ample worktop space and room for all essential appliances.
There are two well-proportioned double bedrooms, with the principal bedroom benefiting from built-in wardrobes and pleasant sea views.
The stylish shower room has been fitted with a modern suite comprising a shower enclosure, wash basin and WC.
Location Marine Court occupies an enviable position within easy walking distance of Newhaven Marina, the seafront, supermarkets, cafés and local shops.
Excellent transport links via road, bus and rail provide easy access to Brighton, Lewes and Seaford, making this a popular location for both tenants and owner-occupiers alike.
Investment Opportunity With a tenant already in place paying £1,000 per calendar month, this property offers investors an immediate income-producing asset without the cost or delay of sourcing a new tenant.
Combined with its sought-after coastal location, garage, share of freehold and attractive presentation, this is an excellent addition to any property portfolio.
Additional Information Tenure: Share of Freehold Current Rent: £1,000 PCM Tenancy: Assured Shorthold Tenancy (AST) Service Charge/Maintenance Contribution: Approximately £85 per month Garage: Yes Parking: Off-road parking For more information or to book a viewing, send an enquiry today.
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.
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About Flat 10 Marine Court Gibbon Road , newhaven, BN9 9EN
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