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See how verdicts work2-bedroom flat · PO21 4HD
For saleReduced £25k (−7.1%) on 29 SepListed 342 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This incredibly well proportioned garden apartment boasts a real feeling of space, with high ceilings throughout and large windows giving plenty of light to the principal rooms.
The accommodation comprises entrance lobby, hallway, generous living/dining room, kitchen, principal bedroom with en-suite bathroom, versatile second bedroom and additional main bath/shower room.
The property also offers double glazing, a gas heating system (radiators) and recently installed (Nov.
2024) combination boiler, well maintained communal gardens, a garage and resident’s and visitors parking.
A communal double glazed front door with security entry system opens into the communal entrance hall where the front door to the apartment opens into a generous entrance lobby with double cloaks storage cupboard housing the wall mounted electric consumer unit and electric meter, along with a further walk-in deep storage cupboard with light.
A walkway leads through into a central hallway with built-in laundry cupboard with space and plumbing for a washing machine and space for a condensing dryer over.
Doors lead from the hallway to the main living/dining room, kitchen, two bedrooms and main bath/shower room.
The main living/dining room is a well proportioned, bright and airy, dual aspect room with a large window to the side, two southerly windows to the rear and double glazed French doors to the rear providing access to a patio and communal gardens.
The kitchen boasts a comprehensive range of fitted units and work surfaces, an inset 1 1/2 bowl single drainer sink unit with mixer tap, integrated four ring Induction hob with concealed hood over and 1 1/2 oven/grill under, space and plumbing for a full size dishwasher, space for under-counter fridge and freezer, cupboard housing the combination boiler, along with double glazed French doors to the side.
Bedroom1 is positioned at the rear with a large southerly window, fitted wardrobes and door to the adjoining en-suite bathroom, which has a white suite of p-shaped bath, pedestal wash basin, close coupled wc, tiled walls, tiled flooring and an extractor.
Bedroom 2, which lends itself to a variety of uses, has windows to the side and rear.
In addition, there is a generous main bath/shower room with oversize shower enclosure, bath, pedestal wash basin, close coupled wc, tiled splash-backs, extractor and heated towel rail.
Externally, the property benefits from the use of the gardens with raised decking at the side which leads to a side terrace, southerly paved terrace with electric awning and area laid lawn.
Well maintained communal gardens.
There is residents/visitors parking at the front of the development, refuse area and this apartment also benefits from a garage with electrically operated up and over door.
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 5, 24, The Fairway, Aldwick Bay Estate, Aldwick, West Sussex
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