3-bedroom flat · BN16 3TS
Listing removedListed 68 days
Opportunity summary
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About
Introducing this spacious and extremely well-appointed ground floor apartment to the market, which forms part of the Cleeves Court development, constructed by Berkeley Homes in the late-1990s.
Briefly described, the accommodation comprises; two/three bedrooms, the larger of which boasts an en suite shower room; southerly facing living room; kitchen/breakfast room; dining hall; study/bedroom three; and an independent shower room.
Outside, there is a private garage with adjacent off-road parking; a recently revamped patio accessed from bedroom three/study; and well-maintained communal gardens, which includes an attractive flint walled courtyard.
Additional attributes include; gas central heating, uPVC double glazing; contemporary floor coverings; and the notable benefit of a share in the freehold.
Cleeves Court is situated on the immediate outskirts of the village centre, approximately equidistant to its busy shopping parade and picturesque seafront (1-mile).
Public transport links are also found in close proximity, with bus routes operating along nearby Station Road, and Angmering mainline railway, which provides a regular service to London Victoria via Gatwick, found within an approximate distance of 0.75-mile.
Rustington is centrally situated on the West Sussex Coast almost midway between the cities of Chichester and Brighton, and just south of the A259, which provides a link to the larger neighbouring towns of Bognor Regis and Worthing.
Agent's note (1): Bedroom three is currently arranged as a study but could easily be returned to its original form if required.
Agent's note (2): Pets are permitted on approval from the resident's committee Living Room (4.86 (max) x 4.18 (max) (15'11" (max) x 13'8" (max) Kitchen/Breakfast Room (4.06 (max) x 3.61 (max) (13'3" (max) x 11'10" (max) Dining Hall (5.17 (max) x 2.74 (16'11" (max) x 8'11")) Bedroom One (4.13 (exc wardrobes) x 3.13 (13'6" (exc wardrobes)) En Suite Shower Room (2.67 x 1.78 (8'9" x 5'10")) Bedroom Two (4.15 (max) x 3.13 (13'7" (max) x 10'3")) Bedroom Three/Study (3.61 x 2.03 (11'10" x 6'7")) Shower Room (2.64 x 1.67 (8'7" x 5'5")) Leasehold Information Tenure: Leasehold, with Share in Freehold - We are advised that there are approximately 96-years remaining on the lease (125-years from 2/7/1997).
Maintenance Fee: Approx. £2200.00 per annum.
Council Tax Band: E Energy Efficiency Rating: C agent's note: You are advised to have the above confirmed by your legal representative at your earliest opportunity.
Value & comps
No previous sales on record.
Returns
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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 4, Cleeves Court, Cleeves Way, Rustington
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