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See how verdicts work2-bedroom flat · PO22 7UQ
No longer listedListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property is situated in the private, gated, Saxon Reach development with direct beach access.
Close by the amenities that Middleton-on-Sea has to offer, include a good choice of shops, public houses, restaurants and the most beautiful beach.
There is a doctor’s surgery, a sports club and many other recreational facilities. In neighbouring Felpham there is a swimming pool, sailing and sports club, tennis courts and putting green.
Barnham, less than 5 miles away, has a mainline train link to London with Arundel and Chichester located within a 10-mile radius.
The nearby Goodwood Estate is renowned for the Festival of Speed, The Revival and the Qatar Goodwood Festival.
The beautiful South Downs with its National Park status offer a host of leisure and outdoor pursuits and activities.
7 Freya Close forms part of one of two blocks of apartments that sit at the edge of the coastline and therefore offer uninterrupted views of the sea and beach.
From the main front door and communal entrance hall, there are stairs and/or lift to the upper floors and a private front door to No.7.
From inside the apartment the internal lobby (with storage cupboards) gives access to all rooms.
There are two double bedrooms; the master with ensuite shower room and there is also a separate bathroom.
The beautifully bright and spacious 22ft long kitchen / dining / sitting room has views out to the beach and double doors to the side to access the terrace and beach beyond.
The contemporary kitchen area has a range of fitted units and integrated appliances and there is ample space for dining, desk space and seating.
The views are spectacular; with the beach in front and far reaching coastline to the East and West.
There is private, gated access to the beach from outside the apartments, along with communal outdoor areas. No. 7 comes with a private garage and there are parking bays for residents and visitors.
Lease: We understand that the lease currently has 970 years remaining (999 years from 1 January 1997).
Maintenance & service charges: The owners advise us that the annual Apartment Service Charge is £2704.04 and the annual Estate Service Charge is £350. Ground rent is £150 per annum.
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 7, Freya Close, Middleton-on-Sea
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