1-bedroom flat · BN44 3EZ
Listing removedListed 440 days
Opportunity summary
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About
A one-bedroom, purpose-built first floor flat with private entrance. The property is accessed via a rear staircase which is part covered with a canopy.
The double bedroom has a fitted wardrobe cupboard and the bathroom suite has been updated.
There is an allocated parking space and visitors' parking and the flat is offered for sale with no ongoing chain.
The Tunsgate development received Horsham District Council's Civic Design Award for the Best New Residential Development 1993/4. This handsome set of buildings was designed specifically for the site.
Each owner holds a £1 share in the Tunsgate Residents Company Limited which owns the Freehold.
Location Tunsgate lies within the Conservation Area in Steyning at the southern extremity of the High Street.
It was once the site of Gates brewery buildings which included the Three Tuns, now converted into houses.
It is very convenient for shops in the High Street and there are many social and recreational facilities in this small town, which lies below the South Downs National Park.
Approximate distances: Worthing eight miles, Brighton 12 and Horsham 15. Ground Floor Outside Staircase To First Floor Part-covered staircase to the rear of the development to the first floor.
First Floor Entrance Hall Timber front door to entrance hall: Access to the loft space. Sitting Room 13'8" x 11'1" (4.17m x 3.39m) Mock fireplace with surround. Tiled back and hearth.
Bay window to front. Kitchen 11'1" x 6'2" (3.39m x 1.89m) Single-drainer one and a half bowl stainless steel sink unit set into working surface with cupboard under.
Adjoining work surface with cupboards and drawers beneath. Inset four-ring electric hob with oven/grill below, extractor hood over. Part-tiled walls. Space for fridge/freezer. Wall-mounted cupboards.
Double Bedroom 11'3" x 10'6" (3.42m x 3.21m) Recessed wardrobe cupboard with hanging rail and shelf. Adjoining cupboard housing the hot water tank.
Bathroom / WC A modern white suite with panelled bath with mixer tap and shower attachment. Washbasin with cupboard beneath. Adjoining shelf. Low-level WC with concealed cistern.
Heated chrome towel rail. Part-tiled walls. Extractor fan. Exterior Communal Gardens Communal garden areas laid to lawn. Parking Allocated parking space and visitors' parking area.
Tenure, Lease And Charges Tenure: Leasehold (share of freehold). Lease: The lease is for 999 years from 25th September 1996. Service Charges: Ground rent is a peppercorn.
Maintenance charge for the current half-year amounts to £424.14 (payable in June and December) and includes buildings insurance, cleaning and electricity of common parts, general gardening, reserve fund and management fees.
Services And Council Tax Services: Mains electricity and water. Council Tax Valuation Band: 'B'. Important Note 1.
Any description or information given should not be relied upon as a statement or representation of fact or that the property or its services are in good condition. 2.
Measurements, distances and aspects where quoted are approximate. 3.
Any reference to alterations to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. 4.
The Vendor does not make or give, and neither Hamilton Graham nor any person in their employment has any authority to make or give any representation or warranty whatsoever in relation to this property.
5. All statements contained in these particulars as to this property are made without responsibility on the part of Hamilton Graham. Intending purchasers must satisfy themselves on these matters.
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 4, Tunsgate, Steyning
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