1-bedroom flat · BN9 0PG
For saleListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming One-Bedroom First Floor Flat with Share of Freehold - Quiet Residential Location Nestled in a peaceful residential area, this one-bedroom first floor flat offers an excellent opportunity for first-time buyers or investors looking to add value.
The property comes with a share of the freehold and is offered with no onward chain, making for a smooth and straightforward purchase.
Inside, the flat is well-proportioned and full of potential, requiring some modernisation to bring it up to contemporary standards.
With a little vision and creativity, this space could easily be transformed into a stylish and comfortable home.
The accommodation comprises a bright and airy living room, a separate kitchen, a generously sized double bedroom with fitted wardrobes, and a shower room.
Situated on the first floor of a well-maintained building, the flat enjoys a quiet position with plenty of natural light throughout.
Located in a sought-after and tranquil neighbourhood, yet within easy reach of local amenities and transport links, this property combines convenience with a sense of calm - ideal for professionals, couples, or those looking to downsize.
Council Tax Band: A Tenure: Share of Freehold (995 years) Service Charge: £100 per quarter
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 Iford Close, Newhaven
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