We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · BN16 2ND
Sold STCListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**PRICE REDUCED TO ALLOW FOR MODIFICATION** Introducing a rare opportunity to own a charming first floor seafront apartment in the sought-after location of Rustington seafront.
This spacious property boasts lift access, two double bedrooms with built-in wardrobes, and a bright double aspect lounge / diner offering stunning sea views from a side window as well as the balcony.
With 980 years remaining on the lease, this property features a kitchen, gas central heating, and double glazing, providing a comfortable living space.
In addition, the apartment benefits from a garage with an electric up-and-over door, an allocated car parking space, and various visitor bays.
Conveniently located just off Rustington seafront, residents can enjoy easy access to local amenities, including the nearby Waitrose supermarket.
The property also features a shower room, a separate w.c, and is offered with no forward chain.
With a size of 763sqft, this property presents an exciting opportunity for those looking to enhance and modernize their living space.
Don't miss out on the chance to view this unique seafront property in Rustington. Contact us today to schedule a viewing.
Marama Gardens is located directly opposite the foreshore, with direct sea views. There is a promenade close by providing a seaside stroll into Littlehampton, with Beach Cafes along the way.
The Wave Leisure centre is close by, and other leisure activities are close to hand. In the opposite direction, a pleasant greensward walk takes you towards the village of East Preston.
Rustington’s comprehensive village centre can be found within approximately a mile, with a wide range of retailers, restaurants and coffee shops.
Doctor’s surgeries, dentists, along with comprehensive amenities are all nearby. A good local bus service also runs along the seafront.
Property Information Tenure – Leasehold - 999 year lease from 30th September 2005 (therefore there are 980 years remaining).
Service Charge: £2,362.60 per annum (yearly accounts up to 28th September 2024) plus additional levy of £19.65 to Marama Gardens Management Ltd. Ground Rent: N/A
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Bay Tree Court, Marama Gardens, Rustington
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