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See how verdicts work1-bedroom flat · BN44 3FY
Listing removedListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The second floor flat comprises sitting room with kitchen off, double bedroom with fitted wardrobe cupboards and bathroom/WC.
Use of communal facilities which include a lift, guest suite, laundry room and residents' lounge. Attractive communal garden and parking for residents and visitors.
The flats at Primrose Court were specifically built for retirement and have a resident manager. Each flat has a Carelink alarm system and entry phone.
Outside there are well-landscaped communal gardens with a terrace and private parking for residents and visitors. The flat is very well maintained and enjoys views to the ridge of the South Downs.
Location Primrose Court is on the southern side of Steyning, at the junction of Goring Road and Clays Hill.
It is within approximately 15 minutes' walk of the High Street with its good daily shopping facilities.
Steyning is a small country town in the lee of the South Downs National Park and has a modern Health Centre and numerous leisure and recreational facilities.
Shoreham-by-Sea with its mainline railway station and superstores is about five miles distant and can be reached by bus from the nearby bus stop which also covers routes to Brighton.
Ground Floor Communal Entrance Communal entrance: Communal hall with manager's office and reception area. Stairs and lift to the second floor.
Second Floor Entrance Hall Private front door to entrance hall: Cupboard housing the hot water tank and electric meter. Entry phone. Sitting Room 13' x 10'2" (3.97m x 3.11m) South and west aspect.
Two PVCu double-glazed windows. Night storage heater. Sliding door to kitchen. Kitchen 8'6" x 8'3" (2.6m x 2.51m) Good range of base cupboards and drawers and work surfaces.
Inset single-drainer stainless steel sink unit. Space for cooker. Wall-mounted cupboard. Part-tiled walls. Velux window.
Double Bedroom 12'8" x 12'8" (3.85m x 3.85m) PVCu double-glazed window with views to the ridge of the Downs. Night storage heater. Excellent range of wardrobe cupboards with further cupboards over.
Bathroom / WC White suite of panelled bath, Triton electric shower, washbasin with cupboard beneath, low-level WC. Heated towel rail. Electric heater.
Exterior Parking And Gardens Parking for residents and visitors. Attractive communal gardens with spacious terrace adjoining the residents' lounge.
Tenure, Lease And Charges Lease: The lease expires on 1.6.2084 (58 years remaining). Ground Rent: Currently £150 per annum. Maintenance Charge: Currently £5,353 per annum.
Age Restriction: 60 years Services And Council Tax Services: Mains water, electricity and drainage are connected. Council Tax Valuation Band: 'B'. Important Note 1.
Any description or information given should not be relied upon as a statement or representation of fact or that the property or its services are in good condition. 2.
Measurements, distances and aspects where quoted are approximate. 3.
Any reference to alterations to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. 4.
The Vendor does not make or give, and neither Hamilton Graham nor any person in their employment has any authority to make or give any representation or warranty whatsoever in relation to this property.
5. All statements contained in these particulars as to this property are made without responsibility on the part of Hamilton Graham. Intending purchasers must satisfy themselves on these matters.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 29, Primrose Court, Steyning
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