2-bedroom property · PO20 8RJ
For saleListed 257 days
Opportunity summary
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About
Very conveniently located within only150m of the excellent variety of local shops in East Wittering Village centre as well as the health centre and library, and just 400m from the beach, a two bedroom, ground floor warden assisted apartment.
Windmill Court is very popular and is set in its own well kept communal gardens, no 34 is located close to the residents lounge.
A charming 2-bedroom, ground floor retirement flat located in a popular warden assisted community in the heart of East Wittering, close to the local shops and amenities.
Number 34 Windmill Court is located in the communal block to the Eastern end of this popular retirement community which is fantastically located just 150 metres away from East Wittering village centre.
The village contains many quaint independent shops, a wonderful range of Cafe's and eateries, two supermarkets, a Health centre, Chemist and Dental Practice and has bus route connections to the Cathedral City of Chichester.
Windmill Court has many benefits and aims to create a social environment with communal gardens and ornamental pond, a resident lounge and laundrette available for use.
Upon arrival to number 34 you are greeted by a communal door and entrance hall before the private entrance of the flat.
Entering the flat you are greeted by a lovely wide, carpeted entrance hall and storage cupboard which houses the hot water tank and bathroom with walk in shower, WC, vanity unit and is lined with mermaid board.
Off the hallway you are greeted by the two bedrooms which are of good size and big enough for double beds.
Bedroom 1 being the larger of the two also has a built in wardrobe with mirrored sliding doors and is served by natural light coming from the south facing window.
Bedroom 2 is currently set up for a home office but could easily become a second bedroom and is also served by natural light.
The large living room provides a lovely social space for entertaining visitors or family and is also flooded by natural light from another south facing window which enjoys outlooks over the start of East Wittering village.
just off the living room lies the kitchen which is lined with units and cupboards and houses an electric stove with oven and grill and a tiled splashback behind.
The kitchen also enjoys outlooks over the communal gardens and towards the residents lounge and ornamental pond.
The property is heated by electric storage heaters and is supplied to all mains services. Leasehold- The property has 62 years remaining from the original lease from 1988.
The annual service charge for 2024 is £2,170.31 and a peppercorn ground rent applies.
Council Tax Band B- Local Authority- Chichester District Council The property is available with no forward chain and immediate vacant possession. Viewing by appointment only- Baileys
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.
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