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See how verdicts work2-bedroom flat · BN17 5PT
Sold STCReduced £10k (−5.6%) on 26 OctListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Purpose Built Second Floor Flat with GARAGE | Two Double Bedrooms | West Facing Lounge | Fitted Kitchen | Modern Bathroom | Double Glazing | Electric Heating | Residents Parking & Communal Gardens | 134 Years Remaining on the Lease | No Forward Chain | EER - E Glyn-Jones & Company are delighted to present this spacious purpose-built second floor apartment, with a garage, extended lease and no forward chain.
The accommodation comprises; an inviting L-shaped entrance hall with a useful built-in cupboard, leading to a bright west-facing living room.
The modern fitted kitchen features an integrated oven and hob, along with a range of base and eye level units. There are two generous double bedrooms, both decorated in light, neutral tones.
The contemporary bathroom is a real highlight, featuring a P-shaped bath with shower over, a concealed-flush WC, and a wash hand basin with an attractive vanity unit and storage cupboard.
Further benefits include attractive wooden internal doors, double glazing, electric heating, and the rare advantage of a GARAGE located in a nearby compound.
Residents of Summerlea Gardens enjoy well-tended communal gardens, unallocated off-road parking, and the added security of a door entry phone system.
Summerlea Gardens is conveniently situated within close proximity of the town centre where local amenities can be found including the shopping precinct, library and doctors surgery.
The sea front and riverside is also within close proximity, as is the mainline railway station. Further afield is Rustington village with a shopping precinct, and transport links.
Tenure: Leasehold – We are advised that there are approximately 134 years remaining on the lease (189 years from 23/03/1971).
You are advised to have this confirmed by your legal representative at your earliest opportunity.
Maintenance Fee: £2712.00 Ground Rent: Peppercorn Company Charge: £66.67 Energy Efficiency Rating: E | Council Tax Band: B
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.
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FAQ
About Summerlea Gardens, Church Street, Littlehampton
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