2-bedroom flat · PO22 7EN
Listing removedListed 273 days
Opportunity summary
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About
NO CHAIN - VACANT POSSESSION.
Situated within the Conservation area of Felpham Village, this purpose-built, first-floor, two-bedroom apartment has been newly refurbished throughout, ensuring a fresh and inviting atmosphere for its new occupants.
The apartment is accessed via the communal entrance hall with stairs to personal front door and hallway.
The good-sized living room features a lovely bay area overlooking the well-maintained communal gardens with glazed doors opening onto the newly fitted kitchen with integrated oven, hob and extractor unit.
There is also ample space and plumbing for a washing machine and dishwasher plus space for a fridge/freezer.
The apartment boasts two comfortable bedrooms, ideal for a small family or as a guest room/study. The spacious bathroom has been tastefully updated to include both a bath and a shower.
Residents can enjoy the communal gardens and parking is available on a first-come first-served basis in the communal car-park.
Located close to the amenities of Felpham Village, you will find shops, bus routes, and the beautiful beach. This property is a perfect first-time buyer opportunity or those looking to downsize.
EPC - C. Council Tax band - B. Tenure - leasehold. 144-year lease with 124 years remaining. Ground Rent - £100.00 per annum. Service Charge - £,1700.00 per annum.
Entrance Hall - 1.15 x 3.52 (3'9" x 11'6") - Kitchen - 3.02 x 2.19 (9'10" x 7'2") - Living Room - 6.46 x 3.27 (21'2" x 10'8") - Bedroom 1 - 4.42 x 3.44 (14'6" x 11'3") - Bedroom 2 - 2.87 x 2.91 (9'4" x 9'6") - Bathroom - 1.77 x 2.56 (5'9" x 8'4") -
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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About Limmer Lane, Felpham
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