2-bedroom flat · PO20 8DX
Listing removedListed 140 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly desirable Seagate Court complex, this idyllic, top floor, seafront flat, boasts one of the best views on the South Coast.
Seagate Court is a private, gated community The property presents an ideal holiday let investment with a strong history of repeat guests over a 10-year period.
Situated in the highly desirable Seagate Court complex, this idyllic, top floor, seafront flat, boasts one of the best views on the South Coast.
Seagate Court is a private, gated community with parking on offer on a first come first served basis.
Flat 11 also benefits from a having a garage within the complex for reserved parking or storing water sports equipment and beach toys.
The complex also has the added advantage of being in a village centre location with a wonderful array of independent village shops, cafes and restaurants along with two supermarkets, a Medical Centre and Dental Practice a short walk away.
From the village of East Wittering there is an excellent bus service via 52 and 53 bus routes to the Cathedral City of Chichester with its main line railway connection to London, famours Festival Theatre, Pallant House gallery and an excellent shopping centre.
From Chichester there is easy access to Goodwood. Flat 11 presents an ideal holiday let investment with a strong history of repeat guests over a 10-year period.
From the West facing balcony you can enjoy uninterrupted views over East Wittering beach, The Solent, Isle of Wight and the fantastic sunsets this area has to offer.
The double aspect living room again enjoys views over the local coastline and the communal garden area, with floor to ceiling windows abounding the living area with natural light.
Both bedrooms also enjoy vistas of the local beach or communal gardens.
Bedroom 1 is currently configured for a double bed and Bedroom 2 configured as a twin room, but both have flexibility to be changed to suit owners’ preference or holiday let guests.
There are built in wardrobes in both bedrooms providing enough hanging and storage space, without the need of additional furniture giving the rooms a generous space.
Further to this there is a cleverly designed door in Bedroom 1 which leads directly onto the balcony.
The galley kitchen comes equip with single electric oven and grill, electric hob, extractor fan, integrated fridge/freezer, integrated dishwasher, integrated microwave, washing machine and is lined with worktops and cupboards.
A tiled bathroom with laminate flooring houses a full-sized bath with shower over, WC, Basin and wall mounted mirrored storage unit.
The property is connected to all mains services except gas and is heated by night storage heaters.
Leasehold: There is currently 997 years remaining on the lease, upon purchase Owners will receive one share in the company known as Seagate Court Management Ltd.
Maintenance: The service charges for this annum currently stands at £1,927.00. Council Tax Band- C Viewing is strictly by appointment with the office
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
Agent & docs
FAQ
About 11, Seagate Court, Shore Road, Chichester
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