2-bedroom property · PO22 6QJ
Listing removedReduced £15k (−5.5%) on 21 JunListed 439 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
22 Findon Drive is a well-presented end of terrace home.
The accommodation comprises of entrance hall which has a useful area under the stairs for storage or could be used as a study area, and a door to the fitted kitchen.
This has a pleasant outlook over the cul-de-sac, with an integrated fridge and an integrated freezer and space and plumbing for a washing machine and dishwasher. There’s also a ground floor W.C.
The open plan living / dining room at the rear of the house has double doors into the conservatory. This is currently used as a home office and has air conditioning.
On the first floor there are two double bedrooms, a single bedroom and a family bathroom. The rear garden is enclosed and terraced with a side gate.
At the front of the property there is a small front garden, and an external cupboard which houses a tumble drier and the gas and electric meters.
The kerb has been lowered at the front of the property should the new owner wish to install a private driveway.
The property is situated in Findon Drive, close to the villages of Felpham & Middleton-on-Sea which offer wide ranging amenities and the beach is a short walk away.
Felpham village has many recreational facilities including a sports centre with swimming pool & sailing club and Middleton-on-Sea has a sports club & gym.
There is a choice of local schools and doctors surgeries.
There is a bus stop at the top of the road linking Middleton-on-Sea to Bognor Regis, Arundel and Chichester, all of which are located within a 10-mile radius.
The beautiful South Downs with its National Park status offer a host of leisure and outdoor pursuits and activities.
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
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FAQ
About 22, Findon Drive, Felpham
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