1-bedroom house · BN25 2PN
Sold STCReduced £10k (−9.1%) on 24 MayListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY ***Guide Price £100,000 – £110,000*** A delightful one bedroom ground floor retirement flat, set in Merryfield court with access out to a patio area and communal rear garden.
Warden assisted with communal areas. Close to the sea and local amenities! Call us today to arrange your viewing!
DESCRIPTION ***Guide Price £100,000 – £110,000*** A superb one bedroom warden assisted flat set in the popular retirement home-Merryfield court.
Benefiting from being on the ground floor, with doors leading to a lovely patio area and rear communal garden. this flat has a beautiful lounge that leads through to the fitted kitchen.
It also benefits with a double bedroom that has built in wardrobes. Terrified court also offers a communal lounge and facilities, landscaped garden and laundry room available to all residents.
Call today to arrange your viewing.
Entrance Hall Living Room 18' 1" x 10' 1" ( 5.51m x 3.07m ) Kitchen 7' x 5' 1" ( 2.13m x 1.55m ) Shower Room 5' 1" x 6' 1" ( 1.55m x 1.85m ) Bedroom 13' 1" x 8' 1" ( 3.99m x 2.46m ) We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT.
THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS.
NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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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About Marine Parade, Seaford
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