1-bedroom flat · PO10 8LL
To rentListed 9 days
Opportunity summary
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About
A well presented one double bedroom first floor, warden assisted RETIREMENT apartment, benefitting from double glazing and electric heating, located in a small development of similar properties within a short walk of shops and public transport.
AVAILABLE IMMEDIATELY OVER 60'S ONLY. EPC & EICR TO BE PROVIDED A pathway leads to the front door with intercom access, and a staircase leads to the first floor.
The kitchen is fitted with a range of wall and base units with the sink unit under the window overlooking the communal grounds to the front of the development, and planned appliance space.
The spacious sitting room features a fire surround with an electric coal effect fire.
The good sized double bedroom has a built-in wardrobe with sliding mirror doors and an electrically operated double glazed Velux window.
The landing has a useful airing cupboard providing additional storage, and provides access to the bathroom which completes the accommodation.
Electric heaters are situated throughout the apartment and emergency pull cords are sited in all rooms. Outside There is a residents lounge and conservatory area, together with a laundry room.
The communal grounds are kept neat and tidy, with parking spaces for residents. A regular bus service runs along Stein Road, and Southbourne railway station is a short walk away. Council Tax Band- B.
The Area The village of Southbourne is approximately six miles to the east of the Cathedral city of Chichester with its famous Festival Theatre and nearby Goodwood estate.
A good range of local amenities are in Southbourne, including convenience stores, churches, doctors' surgery, and a gym and sports hall.
The village has primary and secondary schools, good bus links between Brighton and Portsmouth, and a railway station with links to the south coast, London, and further afield.
The South Downs National Park is just a short drive away and the head of Chichester Harbour is nearby in the hamlet of Prinsted and in neighbouring Emsworth with its specialist shops, restaurants and picturesque quay.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Stein Road, PO10
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