2-bedroom flat · BN23 5PJ
Listing removedListed 84 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AVAILABLE IMMEDIATELY UNFURNISHED - This light and airy 2 bedroom apartment as superb views of the harbour and towards the South Downs.
The apartment comprises of a light and airy living/dining room which leads round to the fully fitted kitchen with integral appliances.
There is a balcony off the living room where you can sit and make the most of the views of the harbour and South Downs.
The apartment has 2 double bedrooms, the Master Bedroom having built in wardrobes and an en-suite shower room.
In addition to this there is family bathroom, storage in the hall and it comes with the added bonus of a garage. Council tax band D. EPC rating TBC.
Rent excludes the Tenancy Deposit and any other charges or fees Deposit payable is £1,615 based on the advertised rent.
A Holding Deposit based on the advertised rent of £323 is required to reserve this property. Please contact us for further information or visit our website.
Council Tax Band: D Up to 5500mbps broadband availability depending on network, likely mobile signal available depending on network, further information and detail regarding broadband speed options and phone signal strength can be obtained from the Ofcom broadband and mobile coverage checker online.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Monterey Wharf, 26 Phoenix Drive, Sovereign Harbour North, BN23
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