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 terraced house · BN16 3SE
Listing removedListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain-Free | Over 55’s Development | Spacious Mid-Terrace Home The home features two generous double bedrooms, one with a dressing area.
A spacious 15'10 x 18'2 lounge/diner, which enjoys lovely views over the private south-facing courtyard garden, perfect for relaxing or entertaining.
There's also the added benefit of a ground floor cloakroom for convenience.
Residents can enjoy beautifully maintained communal gardens to the rear, along with access to other shared facilities such as a Library with Wifi, enhancing the lifestyle on offer.
Additional features include a garage en bloc which is overseen by CCTV, offering secure parking or extra storage. Approx.
9 parking spaces exclusively for residents or Their visitors Offered to the market chain-free, this well-presented mid-terrace house is ideally suited to those aged 55 and over, providing comfortable, low-maintenance living in a friendly and peaceful setting.
Viewing is highly recommended to fully appreciate the space, potential, and charm of this home.
Lounge/Diner - 5.61m x 4.78m (18'5 x 15'8) - Kitchen - 2.90m x 2.51m (9'6 x 8'3) - Bedroom One - 4.78m x 3.07m (15'8 x 10'1) - Dressing Area - 1.47m x 1.24m (4'10 x 4'1) - Bedroom Two - 3.40m x 2.67m (11'2 x 8'9) - Bathroom - 1.96m x 1.83m (6'5 x 6) - Ground Floor Cloakroom - 1.70m x 0.97m (5'7 x 3'2) - Service Charge - £765 Per Quarter Ground Rent - £308.00 per annum Leasehold - We are advised that there are approximately 87-years remaining on the lease (originally 125-years from 24/06/1988).
Parking - We're advised that there are parking bays for the residents of The Leas and their visitors on the 'Greenleas Development'
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 The Leas, Rustington, Littlehampton
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