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See how verdicts work2-bedroom flat · BN26 5EN
Listing removedReduced £10k (−4.8%) on 21 JunListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Seriously spacious throughout | ground floor plus garage - Ticks all the right boxes this one!
A very well presented two double bedroom flat with 16ft kitchen/diner & 14ft lounge, within a short walk of Polegate train station and local shops. Guide Price £210,000 - £230,000.
This easy to access ground floor purpose-built flat offers plenty of bright and spacious accommodation, with double glazed windows and gas central heating.
A communal garden can be accessed directly from the rear of the property through a private door from the kitchen.
Presented in excellent order, both the kitchen and shower room are modern and this particular apartment benefits from a spacious open-plan kitchen / diner. Share of freehold.
Entrance hallway - Private front door, built-in storage cupboards. Lounge diner 14'0' x 12'7' (4.26m x 3.84m).
With modern oak effect laminate flooring, radiator, double glazed window, Wooden French doors and windows flowing through into the kitchen / diner. Kitchen/diner 16'8' x 10'10' (5.09m x 3.30m).
A modern and bright kitchen with wall and base level units, space and plumbing for appliances, built-in oven, gas hob with extractor hood above, sink unit with mixer tap, part-tiled walls, two double glazed windows, plenty of space for a dining table and chairs, radiator, private door leading out into the rear communal garden, modern wood effect flooring, wooden French doors and windows flowing through into the lounge.
Bedroom 1 12'8' x 12'5' (3.85m x 3.79m). With fitted carpet, double glazed window, radiator. Bedroom 2 10'5' 9'0' (3.18m x 2.74m). With fitted carpet, double glazed window, radiator.
Shower room 7'5' x 6'8' (2.25m x 2.03m). A modern suite with shower cubicle, hand wash basin, toilet, tiled floor, two double glazed windows.
Communal gardens - mainly laid to lawn, with mature trees and plants, path leading to private rear door to the ground floor flat, path leading to garages and parking. Garage - Single garage in block.
Details Received From The Seller: Share of freehold - 900+ years remaining on the lease. No ground rent. Maintenance service charges are £100 per month (£1200 per year).
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.
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FAQ
About 2, Elizabeth Court, Polegate
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