2-bedroom flat · GU29 9FH
Sold STCListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A smartly-presented, two-bedroom flat in a modern development in semi-rural West Sussex.
Midhurst is an attractive town which dates back to medieval times and lies in the heart of the South Downs National Park, approximately twelve miles north of Chichester.
The property is on the first floor and has been significantly updated by the current owner. Features include a reception/dining room with south/south-east-facing balcony.
There is a spacious main bedroom, the kitchen and bathroom are both naturally lit and a pair of built-in storage/utility cupboards have been provided in the entrance hall.
The flat comes with an allocated, off-street parking space and is within easy reach of the town centre. Tenure: Leasehold (125 years from 01/01/2008).
Service Charge: £141.68 per month (subject to annual review). Ground Rent: £250.00 for the year. Council Tax: Band B, Chichester District Council.
Please Note: This property is currently part-owned by Clarion Housing Association but is offered as a 100% open-market sale. Upon completion, the full leasehold title would transfer to the buyer.
This property is offered for sale in the condition seen. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not.
If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
Pets may be permitted but only with prior consent from Clarion (which, unfortunately, can only be obtained once you are the property owner).
Reception Room 18' 1" x 12' 6" (5.50m x 3.80m) Balcony 5' 7" x 5' 7" (1.70m x 1.70m) Bedroom 2 11' 11" max. X 7' 9" max. (3.63m x 2.37m) Bedroom 1 11' 11" x 10' 1" (3.63m x 3.08m) Kitchen 10' 0" max.
X 9' 5" max. (3.05m x 2.86m) Bathroom 6' 7" max. X 6' 7" max. (2.01m x 2.00m)
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat Six, Forest Road, Midhurst
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