We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · BN8 4LD
Listing removedListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SHOW HOUSE OPEN EVERY FRIDAY & SATURDAY 10 TILL 4 OAK PARK PLACE, NEWICK This apartment is part of the excellent FIRST HOMES scheme which offers first time buyers a great opportunity to get on the housing ladder as long as they meet the criteria.
There are 2 two bedroom semi-detached houses and 12 one bedroom flats where you can buy 70% of the property with no rent to pay on the balance.
The two bedroom semi-detached houses are both sold The one bedroom flats are from £189,700 for 70% Plot 14 Oak Park Place is a second floor flat with an asking price of £189,700 for 70% and are one of the first six apartments to be released under the FIRST HOMES scheme on this exciting new development built by Whitehall Homes to the highest of standards and are BRAND NEW ONE BEDROOM APARTMENTS with open plan living room/kitchen, bedroom with built in wardrobes & bathroom.
If you are interested then come along to the sales office on Goldbridge Road, Newick this Friday or Saturday between 10 & 4 or call us on Offering a rare opportunity to own a beautiful home in one of the most desirable locations in the area, Oak Park Place is a unique new development in the picturesque village of Newick.
With a long and colourful history dating back more than 1,000 years, Newick is said to sit on an ancient pilgrims’ way between Winchester and Canterbury.
Nowadays, it offers a contemporary country lifestyle within a quintessentially Sussex community, all surrounded by the rolling landscapes of the South Downs.
With its rich heritage, traditional architecture and quaint village green, Newick also offers a wealth of modern amenities.
The choice of convenience stores (one with post office facilities), bakery, health centre and pharmacy take care of most of everyday requirements.
With three friendly pubs, a popular restaurant and a delightful café, there’s plenty of opportunity to make connections, while nearby Uckfield, Lewes and Haywards Heath offer a more extensive range of shopping and leisure facilities.
Newick has its own pre-school and primary school, rated ‘Outstanding’ by Ofsted, with an excellent secondary school in nearby Chailey.
The neighbouring towns are home to further education options, including a selection of independent schools.
For a day out by the seaside, Brighton has something for all the family, from eclectic shopping in The Lanes to exploring the Royal Pavilion and Pier.
In addition, the Bluebell Railway is less than 10 minutes’ drive, where you can enjoy riding in steam trains between East Grinstead and Sheffield Park.
Located off the A272, Oak Park Place is within easy reach of the M23 and M25, with Gatwick Airport around 35 minutes away and only 40 minutes to the coast.
Local towns such as Lewes and Uckfield are within 20 minutes’ drive, while Haywards Heath is only a few miles away, offering commuters a comfortable 45 minute journey to London Victoria and London Bridge.
Surrounded by stunning Sussex countryside, Newick is ideal for an outdoor lifestyle.
There are an impressive number of active sports clubs, covering everything from rugby to bowls, with the Newick Lawn Tennis Club a real favourite.
Walking in the nearby Ashdown Forest and Chailey Common nature reserve are particularly popular.
Please note the photos are of a 3 bedroom semi-detached show house and are for giving you a guide as to how the properties will be finished.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 4, Oak Park Place, Goldbridge Road, BN8
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