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See how verdicts work3-bedroom flat · BN17 7HG
Sold STCReduced £5k (−2.2%) on 26 OctListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first-floor maisonette occupies the entire first floor of a detached building, offering a spacious and private living space.
It includes three well-sized bedrooms, providing ample room for family or guests.
The property features off-road parking for convenience and a private southerly-facing rear garden, ideal for outdoor relaxation and enjoyment.
The property is offered with the benefit of a brand new 175-year lease, providing exceptional long-term security and making it highly attractive to both owner-occupiers and investors alike.
Additional outdoor space to the side of the property, along with a storage shed, offers plenty of room for storage or hobbies.
The maisonette has its own private entrance, enhancing the sense of privacy and independence.
Located approximately 1.1 miles from the sea front, the property is also just 0.6 miles from the train station, providing easy access to transportation.
With low outgoings, this maisonette offers both comfort and practicality.
Entrance Hall - 3.15m x 2m - Lounge - 4.42m max x 3.25m (14'6 max x 10'8) - Narrowing to 13'01 Kitchen - 2.84m x 2.90m (9'4 x 9'6) - Bathroom - 2.31m x 2.03m (7'7 x 6'8) - Bedroom 1: - 3.89m x 3.25m (12'9 x 10'8) - Bedroom 2: - 3.96m x 2.87m (13 x 9'5) - Bedroom 3: - 2.97m x 2.01m (9'9 x 6'7) - Lease - Approximately 175 Years Remaining Service Charge - Approx £450 pa Ground Rent - Approx £10 PA
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About Wick Farm Road, Wick, Littlehampton
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