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See how verdicts work1-bedroom flat · PO20 2FG
Listing removedReduced £14.9k (−7.9%) on 21 JunListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom ground floor garden flat with garage in the sought after village of Tangmere.
In addition to the double bedroom which has a built-in double wardrobe and over looks the rear garden the flat has a modern bathroom, 11'10'' sitting room which is open plan to the modern fitted kitchen.
The property would make an ideal first time buy, downsize or investment property. The property boasts 149 years remaining on the lease, peppercorn ground rent and no annual service charge.
No onward chain. Entrance Shared with the flat above with a double glazed door leading to the lobby area with a front door to the flat.
Sitting/Dining Room (11' 10'' x 10' 4'' (3.60m x 3.15m)) With a double glazed window to the front, radiator, wood effect flooring, open plan to the kitchen and a door to the hallway.
Kitchen (8' 8'' x 5' 5'' (2.64m x 1.65m)) A fitted kitchen comprising a range of eye and base level units roll top work surfaces, four ring gas hob with extractor hood above, electric oven, inset sink drainer with mixer tap, spaces for a tall fridge/freezer and a washing machine and wood effect flooring.
Hallway With two large cupboards one housing the gas boiler, door to the bathroom and the bedroom and wood effect flooring.
Bedroom (10' 10'' x 8' 8'' (3.30m x 2.64m)) With a double wardrobe, double glazed window and a double glazed door to the rear garden. Bathroom Double glazed obscured window to the rear.
A matching bathroom suite comprising a low level w.c., chrome heated towel rail, pedestal wash hand basin with mixer tap, panel bath with mixer tap and a separate shower over.
Rear Garden Being fence enclosed and mainly laid to lawn with a gate at the far end and a patio area with an outside tap immediately to the rear of the property.
Garage Located in the block opposite the 7th one in from the right in the facing you and in need of some tlc.
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
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FAQ
About 30, Tamar Way, Chichester
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