2-bedroom flat · PO21 3FJ
For saleListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom apartment is offered for sale with no onward chain.
The bright and airy accommodation boasts high ceilings and comprises: entrance hall with built-in storage cupboards, living room with access to the communal garden, fitted kitchen with integrated appliances, two good size bedrooms and a modern bathroom.
The apartment itself could benefit from some fresh decor and new floor coverings, but also offers double glazing and a gas heating system via radiators with underfloor heating to the kitchen and bathroom, while the development provides a secure gated parking area with the apartment benefiting from one parking space, wrap around well tended communal gardens benefiting from the southerly aspect and an outside storage cupboard.
The communal front door with security entry system leads into the communal ground floor hallway which provides access into the secure parking area.
The front door to the apartment leads into the entrance hall with large double fronted storage cupboard which houses space and plumbing for a washing machine and an adjacent built-in storage cupboard housing the modern wall mounted gas combination boiler.
Modern internal doors lead from the hallway to the living room, two bedrooms and bathroom.
The living room has a double glazed window and door to the side of the development leading out to the communal gardens with a small paved terrace.
The living room is open plan to the adjoining kitchen which boasts a range of matching base, drawer and wall mounted units with fitted granite work surfaces, incorporating drainer with inset 1 /2 bowl sink unit, an integrated 4 burner gas hob with concealed hood over, eye level oven, concealed integrated dishwasher and fridge/freezer, along with tiled flooring with under floor heating.
Bedroom 1 has a feature walk-in bay to the rear of the development, with high level obscure window to the rear and feature full depth double glazed window and panelling to the side.
Bedroom 2 is also a double room with similar feature bay with high level double glazed window to the rear of the development and full depth double glazed window and panelling to the side.
The bathroom has a modern white suite of bath with shower over and fitted shower screen, wall mounted wash basin, enclosed cistern w.c with fitted storage cupboard over, ladder style heated towel rail, fully tiled walls, tiled flooring with under floor heating, extractor and double glazed window to the side.
Externally, the residents can enjoy the use of the well tended communal gardens which wrap around the main building to the secure gated parking area where the apartment benefits from an allocated parking space.
N.B: We have been advised pets are not permitted within the development.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Mariners, Aldwick Avenue, Aldwick, West Sussex
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