1-bedroom house · PO22 7SE
For saleReduced £10k (−8.7%) on 24 MayListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Whatever influences an individual's decision making process when searching the market for a home for your later years there is no doubt that proximity of local shops, health services, transport facilities, or simply the design of the flats themselves plays an important part.
In the case of BUCKINGHAM COURT, location is the key feature with the Health Centre literally moments away, whilst everyday shopping is available 'across the road', and the beach lies within 1/2 a mile walk away.
This particular AGE RESTRICTED GROUND FLOOR FLAT forms part of this development with an Estate Manager, Communal Lounge, Laundrette, Communal Gardens, plus Residents parking.
For an appointment to view contact May's and see for yourself the advantages this flat has to offer.
ENTRANCE HALL: telephone entry system; alarm pull cord; cupboard housing water heater and electric meters.
SITTING ROOM/DINING ROOM: 19' 9'' x 10' 5'' (6.02m x 3.17m) (maximum measurements) night storage heaters; electric fire with surround (not tested); telephone point; T.V.
aerial point; double glazed door to communal garden; glazed double doors to: KITCHEN: 7' 8'' x 7' 2'' (2.34m x 2.18m) of irregular shape with maximum measurements over units; floor standing drawer and cupboard units with roll edged worktop; tiled splash backs and wall mounted cabinets over; inset stainless steel sink; four burner electric hob with filter hood over; eye level electric oven; appliance space.
BEDROOM: 17' 5'' x 9' 2'' (5.30m x 2.79m) (maximum measurements) night storage heater; T.V. aerial point; fitted wardrobes.
SHOWER/W.C.: close couple W.C.; wash hand basin inset in vanity unit; glazed shower cubicle; heated towel rail; extractor fan.
OUTSIDE AND GENERAL COMMUNUAL GARDENS: The development is surrounded by matured, landscaped gardens, laid mainly to lawn with a variety of flowers, shrubs.
PARKING: There is parking available for residents and visitors on a 'first come first served' basis.
Otherwise additional facilities are available in the free Car Park opposite the entrance to the development. LEASE DETAILS: TENURE: 84 years remaining.
SERVICE CHARGE: We understand this is currently levied at £3274.96 p.a. GROUND RENT: We are informed this is levied at £774. p.a.
These figures are provided by the Seller and their accuracy cannot be guaranteed, as we have been unable to verify them by means of current documentation.
Should you proceed with the purchase of this property, these details must be verified by your soli
Value & comps
No previous sales on record.
Returns
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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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About Shrubbs Drive, Bognor Regis
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