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See how verdicts workStudio flat · BN43 5AR
For saleReduced £10k (−5.6%) on 30 SepListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented ground floor studio flat is set within an impressive Grade II listed building, offering a wealth of character features that will appeal to those seeking a unique and stylish home.
The spacious studio room benefits from particularly high ceilings and large windows, creating a bright and airy atmosphere throughout the living area.
An interesting mezzanine level adds a versatile dimension to the space, providing a useful area for storage.
The attractive separate kitchen has been thoughtfully designed, with ample worktop and cupboard space, making it a pleasure to prepare meals and entertain guests.
The recently refitted shower room is finished to a high standard, featuring modern fittings and a contemporary feel.
This property also benefits from access to an off road residents car park, offering convenient parking for owners and visitors.
The flat is offered with an extended lease of 149 years and no ground rent, providing peace of mind and long-term security for buyers.
With no onward chain, this property is available for immediate occupation, making it an ideal choice for first time buyers, investors, or those looking for a low-maintenance pied-à-terrae in a desirable location.
The building itself is renowned for its period architecture and elegant communal areas, which further enhance the sense of history and prestige associated with this address.
Combining period features with modern convenience, this property offers a rare opportunity to acquire a home of real distinction in a sought-after setting in a quiet close but central to all of Shoreham's amenities.
Early viewing is highly recommended to avoid disappointment.
EPC Rating: E Living /Studio Room (3.79m x 3.77m) Large studio room with a double aspect, particularly high ceilings and an interesting mezzanine floor level that has its own power points and lighting.
Kitchen (2.86m x 2.22m) Modern kitchen with a range of units and space for appliances, large window allowing lots of light into the room.
Shower Room (2.45m x 1.43m) Recently refitted walk in shower, bowl style sink, low level wc and heated towel rail.
Parking - Off Street Residents car park to the rear of the property with side driveway.
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
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FAQ
About 4 Shoreham Court The Close, Shoreham-By-Sea
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