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See how verdicts work2-bedroom flat · BN12 4FN
Sold STCListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase this two bedroom first floor flat forming part of a hidden cul-de-sac within the catchment area of Goring By Sea.
The accommodation consists of a shared entrance and hallway, reception hall, open plan lounge/dining room, kitchen, two bedrooms, bathroom/w.c and allocated parking space.
EPC Rating: B Shared Entrance Shared entrance between Flat 1 and 2. Security entryphone. Staircase to first floor landing. Private door to flat.
Reception Hall Dimensions: 7.14m x 1.30m (23'5 x 4'3). North aspect via two velux windows. Radiator. Entryphone. Central heating thermostat. Built in storage cupboard. Wood flooring.
Levelled and sloping ceiling with spotlights. Lounge/Dining Room Dimensions: 5.56m x 4.45m (18'3 x 14'7).
Triple aspect via two North facing velux windows and both South and West facing double glazed windows. Radiator. Wood flooring. Levelled ceiling with spotlights. Opening to kitchen.
Kitchen Dimensions: 2.51m x 2.41m (8'3 x 7'11). Fitted suite comprising of a one and a quarter bowl single drainer sink unit with mixer taps and storage cupboards below.
Areas of solid wood work surfaces offering additional cupboards and drawers under. Matching shelved wall units. Four ring hob with fitted oven and grill below and extractor hood over.
Integrated dishwasher. Integrated fridge/freezer. Space for washing machine. Cupboard housing the homes wall mounted boiler. Wood flooring. Levelled and sloping ceiling with spotlights.
South aspect double glazed window. Bedroom One Dimensions: 4.19m x 2.74m (13'9 x 9'0). South aspect via double glazed windows. Built in single and double wardrobes. Radiator.
Levelled ceiling with spotlights. Bedroom Two Dimensions: 4.19m x 2.59m (13'9 x 8'6). South aspect via double glazed windows. Built in double wardrobe. Radiator.
Levelled ceiling with spotlights. Bathroom/W.C Dimensions: 2.57m x 1.68m (8'5 x 5'6).
Fitted suite comprising of a panelled bath with twin hand grips and having mixer taps with shower attachment, shower head and shower screen over. Wash hand basin with mixer taps.
Chrome ladder design radiator. Tiled flooring. Push button w.c. Levelled ceiling with spotlights and extractor fan.
Allocated Parking The flat comes with an allocated parking space within a car port situated directly below the apartment. It is the space directly to the left of the communal entrance.
Lease & Maintenance Lease: 125 years from June 2023 Maintenance: The property owns a 50% share of the freehold with Flat 2 owning the other half.
On this basis no ground rent is collected and each flat takes a 50% share of works as and when required. Council Tax: Band B
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
Agent & docs
FAQ
About Ollivers Chase, Goring-By-Sea, BN12
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