3-bedroom flat · RH20 1AL
Listing removedListed 326 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Price Range £235,000 - £245,000*** Offered chain free, this three bedroom, top floor apartment sits within a mature, well maintained development, with a large riverside communal garden and a share of the freehold.
The property is accessed by lift and has windows to all four sides, creating a really bright space. The welcoming entrance hallway features useful cupboard storage.
At the end of the hall is the lounge / dining room with bi-folding doors opening onto a balcony which offers stunning views over the River Arun to the South Downs beyond.
The kitchen was replaced about six years ago and still feels fresh and modern. The two larger bedrooms have built in wardrobes and amazing views, whilst the third bedroom is currently used as a study.
The bathroom is light and airy. In addition to onroad parking in front of the building, the flat has its own open carport in a block nearby.
Situated on the edge of the village, the property is very well placed for commuters, only a couple of minutes from Pulborough mainline railway station, with direct routes to London and Gatwick.
There are a number of eateries very close by, with shopping and all local amenities within a mile or so.
The long lease and lack of ground rent makes this a great first time or investor purchase and the location also lends itself well to being used as a 'lock up and leave' type home
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.
Area
Agent & docs
FAQ
About 7, Arun Prospect Station Road, Pulborough
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