2-bedroom flat · PO20 8DX
For saleReduced £7.5k (−1.8%) on 6 AugListed 485 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 2-bedroom flat with sea views situated in a prestigious gated community.
Situated in this very popular and much requested private, gated, sea front complex which offers direct access onto the beach from the communal gardens.
A two bedroom, first floor flat conveniently placed for all of the local shops and amenities in East Wittering village centre just 250m away.
The property is in excellent order and has recently been used as a 'Holiday Let' and as a consequence is available with early vacant possession.
For those seeking a second home, no 22, would provide an easily managed holiday home offering the possibility of an income from self-catering summer accommodation.
There is upvc double glazing, electric heating with Kyros Rointe radiators and a private entry phone system. Entrance hall: Entry-phone, two built in storage cupboards.
Living/dining room: (W) With sea views and enjoying a pleasant westerly aspect over the communal gardens. Two thermostatically controlled electric heaters. Access onto the west facing Sun Balcony.
Kitchen: (W) View over gardens. Range of oak floor and wall cupboard units with inset single drainer sink unit. Zanussi ceramic hob with cooker hood over and Bosch electric cooker below.
Integrated Electrolux dish washer and integrated Electrolux washing machine. Bosch integrated fridge/freezer.
Bedroom one: (E) Built in double wardrobe cupboard with additional single airing cupboard housing insulated hot water with immersion heater. Thermostatically controlled electric heater.
Bedroom two: (E) Thermostatically controlled electric heater. Bathroom: Full width shower with sliding glass door, recessed w.c. And vanity unit with mirror cabinet above.
Chrome, ladder style radiator. Outside: There is a garage, number 22 situated within the compound at the rear of estate.
Residents enjoy use of the lawned, maintained communal gardens that lead directly out onto the promenade and beach.
Tenure: The flat is held on a 999 year lease and will be sold with a share in the freehold company "Seagate Court Management Limited".
The annual service charge from 29 September 2024 – 28 September 2025 was £2,649.00. Council Tax: C Viewing: By appointment with the office, please.
Value & comps
No previous sales on record.
Returns
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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 22 Seagate Court, Shore Road, Nr Chichester
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