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 work2-bedroom flat · BN23 5PL
Listing removedListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Harbour Location | Double Tandem Garage With Utility Room | Chain Free Occupying a sought-after waterfront position, this beautifully presented two bedroom apartment enjoys uninterrupted marina views and a wonderful west facing aspect - perfect for soaking up afternoon and evening sunshine.
The property offers well-proportioned, light-filled accommodation throughout, with large windows and French doors allowing natural light to flood the living space while perfectly framing the harbour backdrop.
The impressive open plan living area provides clearly defined sitting and dining areas, ideal for both relaxing and entertaining.
From here, French doors open onto a striking circular balcony - a real feature of the home - offering panoramic views across the marina. A wonderful spot for morning coffee or evening sunsets.
The kitchen is fitted with a comprehensive range of wall and base units with integrated appliances and ample work surface space, designed with both practicality and style in mind.
Both bedrooms are comfortable doubles and benefit from extensive fitted wardrobes, offering excellent storage. The principal bedroom enjoys the added convenience of a modern en-suite shower room.
A further family bathroom serves bedroom two and guests.
Further benefits include gas central heating, secure entry phone system, lift access to all floors and, rarely available with marina apartments, a double tandem garage with power, lighting and a separate rear store room, plus a rear access door leading toward the harbour side.
Being sold chain free, this apartment would make an ideal permanent residence, coastal retreat or investment purchase.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
QEA260050/8 Lounge (8.03m x 6.15m) An exceptionally spacious and light filled principal reception room offering ample space for both seating and dining areas.
Large windows and French doors draw in natural light and provide access onto the impressive circular balcony, perfectly framing the marina views.
An ideal space for entertaining or relaxing while enjoying the waterfront setting.
Kitchen (5.77m x 2.44m) Fitted with a comprehensive range of wall and base units complemented by generous work surface space.
Incorporating a stainless steel sink unit, integrated gas hob, electric double oven, dishwasher and washing machine, with additional space for a fridge freezer.
Thoughtfully designed to combine practicality with modern styling.
En-Suite (4.6m x 4.27m) Into wardrobe A generous principal double bedroom enjoying marina views and extensive built in wardrobes providing excellent storage.
Well proportioned and bright, further benefiting from direct access to a modern en suite shower room.
En-Suite (2.74m x 1.35m) Modern suite comprising enclosed shower cubicle, low level WC and wash hand basin. Finished with tiled walls and contemporary fittings.
Bedroom 2 (3.33m x 2.92m) A comfortable second double bedroom with built in wardrobes, ideal for guests, family members or use as a home office. Well positioned close to the main bathroom.
Bathroom (2.41m x 1.68m) Fitted with a white suite comprising panel enclosed bath with shower attachment, wash hand basin and low level WC. Complemented by tiled walls and practical flooring.
Double Garage (9.42m x 4m) Garage Utility Room (2.54m x 1.62m)
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Apartment 2, Panama Reach, 25, Phoenix Drive, East Sussex
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