1-bedroom flat
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Purpose Built Top Floor Flat | One Double Bedroom with Built-In Wardrobe | Lounge with Juliet Balcony & River Arun Views | Fitted Kitchen | Bathroom With Separate Shower Cubicle | Electric Heating | Double Glazing | Redecorated Throughout | Newly Laid Carpets & Flooring | Allocated Parking Space | Close Proximity To Town Centre And Train Station | Share Of Freehold | Remainder of 999 Year Lease | No Forward Chain | EER - C Glyn-Jones and Company are delighted to offer for sale this well presented top floor apartment with no forward chain.
The accommodation comprises an entrance hall with storage cupboard, a double bedroom with built-in wardrobes, a bathroom/W.C.
With separate shower cubicle, a fitted kitchen and a south west facing lounge/diner featuring a Juliet balcony with views towards the River Arun.
Further benefits include an allocated car parking space, double glazing and electric heating.
The property has recently been redecorated throughout, with newly laid carpets and flooring, making it ready for its new owner to move in and enjoy.
The property is held on the remainder of a 999-year lease and further benefits from a share of the freehold.
Pharos Quay is ideally situated on River Road in Littlehampton, enjoying a pleasant riverside setting close to the River Arun and within easy reach of the town centre.
The area is particularly appealing for those who enjoy outdoor living, with attractive riverside walks, scenic footpaths and the distinctive red footbridge providing a well-known local landmark and a convenient crossing over the river.
The nearby waterfront offers opportunities to enjoy leisurely strolls, while Littlehampton's sandy beach, seafront and harbour are also within easy reach.
Littlehampton town centre provides a variety of shops, cafés, restaurants and everyday amenities, together with leisure facilities and a popular seafront.
For commuters, Littlehampton railway station offers regular services to Brighton and connections towards London Victoria, while the nearby A259 provides road links to Worthing, Bognor Regis and the wider West Sussex area.
The location therefore combines a relaxed coastal atmosphere with convenient access to local amenities and transport links.
Tenure: Leasehold – We are advised that there are approximately 964 years remaining on the lease (999 years from 24/06/1991).
You are advised to have this confirmed by your legal representative at your earliest opportunity.
Maintenance Fee: £1300.00 per annum Ground Rent: £100 per annum Energy Efficiency Rating: C | Council Tax Band: A ‘Should a purchaser have an offer accepted, we use a specialist third-party service to verify your identity in accordance with hmrc Guidelines.
The cost of these checks is £48 including VAT for single purchaser and £60 including VAT for two or more purchasers total, which must be paid in advance when an offer is agreed and prior to a sales memorandum being issued.
This fee is non-refundable.’
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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