2-bedroom flat · BN16 2LE
Sold STCListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled within the sought-after Overstrand development in South Rustington, this impressive ground floor flat presents an exceptional opportunity to enjoy coastal living at its very best.
Boasting bright and spacious accommodation, the property offers delightful sea views, complemented by a welcoming south-facing patio-perfect for soaking up the sun, entertaining, or simply enjoying the tranquil surroundings.
The home features two generously sized double bedrooms, ensuring comfort for both residents and guests.
there is a modern refitted kitchen with built in appliances, while the modern bathroom includes both a bath and a separate shower cubicle, providing flexibility for busy mornings or relaxing evenings.
With gas central heating and double glazing throughout, this flat promises warmth and efficiency year-round.
Further peace of mind is offered by a long lease with 957 years remaining, providing a secure and enduring home for years to come.
The property enjoys the added benefit of a private garage, as well as use of well-maintained communal gardens-ideal for those with a love of the outdoors.
The nearby greensward stretches towards the beach, placing the sand and sea just moments from your doorstep. Location is truly a highlight here.
The vibrant heart of Rustington village, with its comprehensive array of shops, cafes, and amenities, is only a short distance away.
With excellent local transport links and picturesque coastal walks on hand, day-to-day life and leisure couldn't be more convenient.
Rarely does such a well-presented flat in this coveted seafront position become available. Arrange your viewing today to fully appreciate the lifestyle on offer.
Lease - 999 years from 29/9/1983 - 957 years remaining Maintenance - TBA Ground Rent - TBA SECURITY ENTRYPHONE SYSTEM ENTRANCE HALL LOUNGE 16' 5" x 14' 10" (5m x 4.52m) DINING AREA 8' 5" x 7' 6" (2.57m x 2.29m) KITCHEN 8' 5" x 7' 6" (2.57m x 2.29m) BEDROOM 2 10' 8" x 8' 11" (3.25m x 2.72m) BEDROOM 1 14' 11" x 9' 7" (4.55m x 2.92m) BATH/SHOWER ROOM/WC PATIO AREA COMMUNAL GARDENS GARAGE
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 Rackham Road, Rustington
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