2-bedroom property · BN17 7QS
Sold STCListed 327 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Double Unit Park Home | Two Bedrooms with Built-in Wardrobes | L-Shaped Lounge/Diner | Kitchen | Shower Room | Double Glazing | Gas Fired Central Heating | Some Cosmetic Updating Required | Wrap Around Gardens | Residents Parking | Full Residential Site | No Forward Chain Glyn-Jones and Company are delighted to offer for sale this spacious double-unit park home, set within a highly popular full residential site.
The property offers well-proportioned accommodation throughout and would benefit from some cosmetic updating, providing an excellent opportunity for a purchaser to personalise the space.
The accommodation comprises a front entrance porch leading into a welcoming hallway equipped with built-in storage cupboards.
There is an L-shaped, dual-aspect lounge/diner, enjoying generous natural light and ample room for both living and dining furniture.
The kitchen offers a range of fitted units with space for appliances, and gives access to a practical rear porch.
There are two double bedrooms, each featuring built-in wardrobes, along with a shower room. The home further benefits from double glazing and gas fired central heating.
Externally, the property enjoys wrap-around gardens, mainly laid to lawn with established planting areas, offering scope for further landscaping. A metal storage shed is also included.
The property is offered with no onward chain. Kingsmead is situated within Thornlea Court, a gated full residential park home site on the outskirts of Littlehampton.
The town centre, with its range of shops, banks and eateries can be found within 1.5 miles from the property and is easily accessible by car or bus, with the bus stop located just to the front of the park.
Thornlea Court is an aged restricted park, whose residents must be aged 50 or over. Agents Note: Pets are permitted, but limited to no more than one dog and/or one cat.
Park Information Occupancy: Full 12 Months Pitch Fee: £TBC per month (plus an additional £12 per month for drinking water). Age Restriction: 50 Plus.
Tenure: Permission to place a park home on a designated site is by written agreement, in accordance with the 1983 Act.
The permitted length of the agreement can vary from site to site, and we therefore strongly recommend that you engage legal representation before committed to the purchase of a park home.
We recommend you have this verified by your legal representative at your earliest convenience.
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.
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