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See how verdicts work1-bedroom flat · BN43 5BH
For saleReduced £14.9k (−7.1%) on 26 OctListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** £209,950 *** WARWICK BAKER ESTATE AGENTS ARE EXCITED TO PRESENT THIS RARELY AVAILABLE SECOND FLOOR ( TOP FLOOR ) PURPOSE-BUILT FLAT SITUATED DIRECTLY OPPOSITE THE BEAUTIFUL RIVER ADUR.
This remarkable flat offers a range of desirable features, including a secure entry phone system.
Upon entering, you’ll find an inviting entrance hall with that leads into a spacious 15' lounge featuring stunning direct river views, creating the perfect backdrop for relaxation.
The double bedroom also boasts picturesque river views, enhancing your living experience.
The modern kitchen provides both functionality and style, while the charming balcony offers a serene outdoor space to enjoy the scenic views.
Additionally, the contemporary bathroom and allocated parking space add convenience to this exceptional property.
Please note that the leaseholders have recently achieved the right to manage this block, further enhancing peace of mind. INTERNAL VIEWING IS HIGHLY RECOMMENDED BY THE VENDOR'S SOLE AGENT.
NO UPWARD CHAIN. THIS OPPORTUNITY IS NOT TO BE MISSED!
Front door leading to: Entrance Hall - 3.83 in length (12'6" in length) - Security door entry phone system, single panel radiator, door off entrance hall to walk in storage cupboard housing trip switches, door off entrance hall to airing cupboard housing ' MEGAFLO ' pressurised hot water cylinder, slatted shelving over Door off entrance hall to: Lounge - 4.78 x 3.09 (15'8" x 10'1") - Double glazed window to the front with direct views of The River Adur and The South Downs, single panel radiator.
Sliding double glazed patio door off lounge to: Balcony - 2.25 x 1.27 (7'4" x 4'1") - Laid to wood decking with steel balustrade and wood handrail, with direct veiws of The River Adur and The South Downs.
Opening off lounge to: Kitchen - 3.08 x 2.15 (10'1" x 7'0") - Comprising 1 1/4 bowl stainless steel sink unit with mixer tap inset into granite effect work top, storage cupboards under, built in integrated dishwasher to the side, tiled splash back, matching adjacent work top with inset stainless steel four ring hob, built in ' BLOMBERG ' electric oven under ( NEW IN 2023 ), storage cupboards to the side, built in integrated ' BLOMBERG ' washer/dryer to the side ( NEW IN 2024 ), tiled splash back, complimented by matching wall units over with under counter lighting, built in integrated extractor hood, cupboard to the side housing 'WORCESTER ' gas fired boiler ( NEW IN 2026 ), further adjacent matching worktop with range of drawers and storage cupboard under, tiled splash back, complimented by matching wall units over with under counter lighting, built in fridge/freezer to the side ( NEW IN 2024 ), ' KARNDEAN 'tiled flooring, spotlighting, extractor fan.
Door off entrance hall to: Bedroom - 3.45 x 2.90 (11'3" x 9'6") - Double glazed windows to the front with direct views of The River Adur and The South Downs, single panel radiator, built in double sliding doored wardrobe with hanging and shelving space.
Door off entrance hall to: Bathroom - Being part tiled, comprising panel bath with mixer tap and twin hand grips, built in shower with separate shower attachment, shower rail and curtain, wash hand basin with mixer taps, storage cupboards under, low level wc to the side, single panel radiator, ' KARNDEAN ' tiled flooring, LED downlighting, extractor fan.
Allocated Parking Space - No: 78 Outgoings - MAINTENANCE:- £1226 PER ANNUM GROUND RENT:- £150 PER ANNUM LEASE:- 107 YEARS REMAINING
Value & comps
No previous sales on record.
Returns
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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 Sussex Wharf, Shoreham-By-Sea
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