2-bedroom flat · PO10 8LL
For saleListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO FORWARD CHAIN, End of Terrace Ground Floor Apartment in this much requested retirement development.
The property benefits from a long lease extended by the current owners and has direct access to the courtyard development and a garden terrace and use of communal grounds.
Accommodation: Hallway, Living Room, Kitchen, Two Bedrooms, Bathroom. Double glazed windows and Electric heating. The property has a pull cord assistance system.
Merrivale Court has a scheme manager and residents benefit from communal gardens, residents lounge, conservatory and Laundry areas.
Conveniently located close to local shops with easy access to road, rail and bus links.
This popular West Sussex village is close to the South Downs National Park to the north and Chichester Harbour Area of Outstanding Natural Beauty.
The village has a range of local shops, doctors and dentist surgeries, church and public houses.
Chichester is nearby with its excellent selection of shops, arts and entertainment and New Park Cinema, the multiplex and the Festival Theatre.
Golf, flying, horse and motor sport are available at nearby Goodwood. Service Charge: Approx £2623 per annum Length of lease: 150 years
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
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FAQ
About Stein Road, Emsworth
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