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See how verdicts work2-bedroom flat · PO20 8RJ
For saleReduced £34.5k (−21%) on 21 JunListed 803 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A light and airy, first floor flat in a popular retirement development in the heart of East Wittering village.
A light and airy, first floor flat in a popular retirement development in the heart of East Wittering village.
Windmill Court was built in the 1980's and is superbly located just 150metres away from the convenience of East Wittering village which has many amenities at your disposal such as local independent shops, Health Centre, Dental Practice, Chemist, two supermarkets and an array of Cafes and restaurants and bus routes up to the Cathedral City of Chichester.
Windmill Court has communal gardens areas with ornamental pond, a resident’s lounge, Laundrette and Managers office.
Flat 23 is a first floor flat located opposite the old Windmill that the development is named after.
There is a fully functioning stairlift up to the principle living areas which can be left in place for any new purchaser.
Upon arrival you are greeted by a long entrance hall which lads into the large welcoming lounge, which overlooks the community of flats and has a electric fire for those cosy winter nights.
Just off the lounge there is a small kitchen with outlooks over the communal gardens and Windmill.
The sleeping accommodation includes two bedrooms, Bedroom one is the larger with ample space for a double bed and housing a built-in sliding wardrobe with mirrored doors and bedroom two being smaller but also having built in clothes storage.
There is a spacious bathroom with walk-in shower, basin and WC. The property is heated by electric storage heaters.
Leasehold- The property is being sold with the 63 year balance remaining from the original 99 years lease. Current service charge is £2,400 per annum. Ground rent= £180.86.
Council Tax Band- C Local Authority- Chichester District Council The property is immediately available with vacant possession and the benefit of no onward chain.
Viewing is strictly by appointment with Baileys
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
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FAQ
About 23, Windmill Court, Nr Chichester
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