2-bedroom flat · PO22 0DY
Listing removedListed 592 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom retirement apartment located on the second floor **ground rent free** Windmill Court is conveniently located within walking distance to Co-op, small Tesco, takeaways, charity shops, post office, butchers and many more.
Train stations and bus stops outside. Windmill Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 41 properties arranged over 3 floors each served by a lift.
The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system.
Barnham railway station is within reach of the development with train links to London, Chichester, the South-coast and West Country.
Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over the age of 60 years or in the event of a couple, one must be over the age of 60 years and the other over 55 years.
Please speak to our Property Consultant if you require information regarding 'Event Fees' that may apply to this property.
Accommodation Front door leads to the Entrance Hall With light switch, power points and ceiling light points. Electric night storage heater.
Door to airing cupboard housing the insulated hot water cylinder with immersion heater, electric meters and storage space. Door to further storage cupboard.
Door entry system and Careline emergency call point. Living Room Electric night storage heater, power points to include TV aerial point, ceiling light point and emergency pull cord. Telephone point.
Kitchen Tiled and fitted with stainless steel sink unit, floor and wall cupboards. Fitted electric hob with overhead extractor fan, fitted oven. Fridge and freezer. Ceiling light point.
Bedroom One Electric night storage heater, power points, emergency pull cord, ceiling light point. Telephone point. Bedroom Two Storage heater, ceiling light point and emergency pull cord.
Bathroom Tiled and fitted with suite comprising bath with emergency push button. Shower fitting over bath. WC with low level flush. Vanity unit.
Ceiling light point, heated towel rail, wall mounted electric heater, extractor fan.
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
Agent & docs
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FAQ
About 42, Windmill Court (Bognor Regis), Barnham
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