2-bedroom flat · BN16 1HT
For saleReduced £15k (−9.4%) on 29 JulListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A great opportunity to purchase this second floor apartment forming part of this sought after retirement development, overlooking the rear gardens with a Juliette balcony and having the benefit of a lift, situated in the heart of East Preston.
As well as the nicely appointed accommodation there is also a communal lounge/conservatory and the attractive communal gardens that surround it. Un allocated parking and visitors' parking.
Offered chain free call today to arrange a viewing.
A great opportunity to purchase this two bedroom second floor apartment with the benefit of a lift, in a sought-after development exclusively for the retired situated in the heart of East Preston.
From the moment you enter the communal entrance you can immediately see how impressive this development is.
With stairs or lift to the second floor, you enter the accommodation with a good size entrance hall with built in storage cupboard. The lounge overlooks the rear communal gardens with Julliet balcony.
The kitchen has space for appliances and comes off the lounge. The property is completed by the principal bedroom with en-suite shower room/wc and the modern shower room/wc serving bedroom two.
As well as the nicely appointed accommodation there is also a communal lounge/conservatory and the attractive communal gardens that surround it. Un allocated parking and visitors' parking.
This property is a true gem and early viewings are highly advised.
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
Agent & docs
FAQ
About Flat 23, Chermont Court,, The Street, Littlehampton
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