2-bedroom flat · GU29 9EL
Sold STCListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom apartment in the heart of Midhurst with terrace, parking and planning permission for a loft conversion The property opens via a private entrance and includes a useful ground floor space, perfect for coats, boots and utility appliances.
Stairs lead to the main accommodation, where a bright sitting room enjoys dual-aspect windows and a charming bay window overlooking delightful views.
The L-shaped kitchen, enjoys similarly appealing outlook and offers plenty of scope for modernisation.
The generous bathroom is well appointed with a shower bath, heated towel rail and traditional cast-iron radiator. One of the two bedrooms benefits from built-in storage cupboards.
Planning permission has been granted for a loft conversion incorporating a dormer window.
Initial works have commenced to create additional accommodation* Outside, the terrace creates a private setting, well suited to raised flower beds and outdoor seating.
In addition, there is private, off-road parking for one vehicle. This delightful home presents an opportunity to create a wonderful residence in the heart of Midhurst.
*Prospective purchasers should not rely upon advice contained concerning planning permission and must satisfy themselves by independent investigation and taking their own professional advice including but not limited to planning and legal consultation.
SITUATION: Nestled within the heart of the South Downs National Park, Midhurst is a highly sought after historic market town. The town offers an excellent range of amenities.
The surrounding countryside provides excellent opportunities for walking, while nearby Cowdray Park is famed for its polo and farm shop.
The beautiful West Dean Estate is also within easy reach, along with the Goodwood Estate. For commuters, mainline rail services to London are available from nearby Haslemere and Petersfield.
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.
Area
Agent & docs
FAQ
About June Lane, Midhurst, West Sussex, GU29
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