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 work1-bedroom house · BN27 1BH
Listing removedReduced £15k (−14.3%) on 30 JulListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Watch the film and 3D tour and view expert photography at (all provided free for all our sellers) Convenience and peace of mind all at a very affordable price.
Retirement flats in this manager assisted McCarthy & Stone Garrett Court development do not come much better than this spacious bright first floor apartment with double aspect view from the living/dining room.
A lovely place to sit and enjoy the warmth of the morning sun through the windows. Modern kitchen with integrated appliances just of the living/dining room.
On-site facilities include a communal lounge, passenger lift, laundry room and a guest apartment. A secure environment with a delightful communal sitting room and outside space and parking.
Just steps away from the local doctors surgery and walk to the town centre with Waitrose, town centre shops, services and public transport. The property is available immediately and is chain free.
*105 Years Remaining on Lease * Annual Service Charge £3898 * Ground Rent £425 * Information Provided by Seller* Living Room - 19' 1" x 10' 7" 19' 1" x 10' 7" (5.82m x 3.23m) Kitchen - 8' 1" x 7' 6" 8' 1" x 7' 6" (2.46m x 2.29m)
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
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FAQ
About Garrett Court, Vicarage Lane, Hailsham
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