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See how verdicts work1-bedroom flat · BN18 0YX
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the charming area of Fontwell, this immaculate top-floor apartment on Hermitage Lane offers a delightful living experience in a nearly new property, a perfect first-time buyer or down-sizing opportunity.
Upon entering, you are greeted by a good-sized entrance hall that features two large storage cupboards, providing ample space for your belongings.
The modern bathroom suite, complete with shower over bath, is both stylish and functional.
The double bedroom boasts an attractive bay area providing natural light, along with a fitted double wardrobe for convenient storage.
The heart of the home is undoubtedly the bright and spacious kitchen / living / dining area.
This space is designed for both relaxation and entertaining, featuring a range of integrated appliances, including hob, oven, dishwasher, fridge and freezer, plus bay area ideal for use as a home office space.
The property has wood-effect flooring throughout, with the exception of carpet to the bedroom.
Additionally, the property benefits from parking for one vehicle, plus useful communal storage facility, adding to the convenience of this desirable property. Tenure - leasehold.
999-year lease with 995 years remaining. Annual ground rent and service charge approximately £1,240.51. EPC - B. Council Tax Band - B.
Hallway - Kitchen / Living / Dining Area - 5.12 x 4.65 (16'9" x 15'3") - Bedroom - 3.04 x 3.92 (9'11" x 12'10") - Bathroom - 1.74 x 2.81 (5'8" x 9'2") -
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 Hermitage Lane, Fontwell
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