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See how verdicts work1-bedroom flat · PO21 4TW
For saleReduced £10k (−9.1%) on 10 OctListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to bring to the open market nestled in the desirable location of The Parade, this charming first-floor flat offers a delightful coastal retreat just yards from the picturesque Pagham Beach.
With one spacious reception room, this property provides a welcoming atmosphere perfect for relaxation or entertaining guests.
The open-plan kitchen is designed for modern living, allowing for seamless interaction between cooking and socialising.
An added benefit of this property is the allocated parking space, a rare find in such a sought-after area.
Being chain-free, this flat presents an excellent opportunity for both first-time buyers and those looking for a holiday home by the sea.
The combination of its prime location, modern amenities, and the allure of beachside living makes this property a must-see. Lease - 95 years remaining. Maintenance - £1500 per annum.
Ground Rent - £50 per annum.
Entrance Hallway Good size, light airy hallway, storage cupboard perfect for linen/laundry, laminate flooring, secure entry phone Lounge/Diner (7.10m (23' 4") x 3.70m (12' 2")) Fabulous reception rooms opened up to create a great size lounge/diner, dual aspect, outstanding natural light, laminate wood flooring, raised lounge area, diner leading onto kitchen, outstanding natural light perfect for entertaining and relaxing.
Kitchen (2.80 x 2.10 (9'2" x 6'10")) Modern kitchen, tiled splash back, laminate flooring, plenty of over and under storage, built in electric oven and 4 ring hob, inset stainless steel sink, extractor fan, plumbing for washing machine and space for double height fridge freezer, opened up onto the lounge diner bringing great natural light.
Bedroom (3.78m (12' 5") x 3.12m (10' 3")) Good size double bedroom, built in double mirror fronted wardrobe, plenty of natural light, power points, wall mounted heater, spot lights with fan.
Bathroom (2.80 x 1.70 (9'2" x 5'6")) Modern bathroom, electric shower, heated chrome towel rad, raised low level W/C, hand basin with cupboard below, vinyl flooring, part tiled.
Communal Entrance Hall Buzzer entry system Pagham Beach Beutiful beach spot on your door step.
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
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FAQ
About Flat 2, 20, The Parade, Pagham
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