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See how verdicts work2-bedroom flat · BN12 5SS
Sold STCListed 562 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mark Oliver Estate Agency are delighted to bring to the market this superb purpose built top floor luxury apartment situated on the beach front in sought after South Ferring.
The property has the most magnificent views of the sea, coast line & surrounding open farmland towards the South Downs.
The accommodation features a large lounge dining room with bay window & double doors opening to the wrap around balcony. The fitted kitchen has an extensive range of integrated appliances. 2 bedrooms.
2 bathrooms. 2 underground parking bays. Basement walk in storage cave. Chain free. Bluewaters - Main Entrance - With security entry phone. Lift & Stairs - Passenger lift and stairs to all floors.
Entrance Hall - 4.6 x 2.14 (15'1" x 7'0") - Entrance cupboard on the landing. Front door to the apartment leads into a spacious entrance hall.
Large built in airing cupboard housing the Potterton gas fired boiler supplying underfloor heating. Bespoke internal doors with brushed chrome door handles and electrical switches throughout.
Built in cloaks cupboard.
Lounge Dining Room - approx 9 x approx 4.4 (approx 29'6" x approx 14'5" - A fabulous bright living room featuring a large bay with panoramic views of the sea, coastline towards Worthing and Brighton and of farmland opposite.
Double glazed windows. Thermostat control. Dimmers. Part glazed door to the entrance hall. Double glazed double doors lead to the wrap around balcony.
Fitted Kitchen - The kitchen is beautifully fitted featuring a range of work tops and black gloss splash back. Inset sink bowl and drainer and chrome mixer tap.
Adjacent working surfaces with cupboards and drawers under. Wall cupboards. Integrated Neff dish washer. Integrated Neff washer dryer.
Integrated Neff stainless steel double oven plus integrated microwave oven. Induction Hob. Integrated Neff fridge. Integrated Neff freezer. Integrated extractor.
Island / breakfast bar with cupboards under. Wrap Around Balcony - Doors lead to the fantastic wrap around balcony.
Master Suite / Bedroom 1 - 4.7 x 3.1 (15'5" x 10'2") - A double bedroom with en suite featuring double glazed double doors its own separate balcony. Built in double wardrobe.
Ensuite To Bedroom 1 - 2 x 1.8 (6'6" x 5'10") - A fully tiled en suite featuring a glazed shower enclosure with fitted chrome power shower.
Vanity unit with drawers and inset wash hand basin with chrome taps. Shaver point. Fitted mirror and wall light. Extendable fitted mirror. Heated towel rail. Tiled floor. Low level WC.
Bedroom 1 Balcony - A super private balcony for the master bedroom with great views. Bedroom 2 / Study - 4.7 x 2.5 (15'5" x 8'2") - Built in wardrobe. Double glazed window.
Family Bathroom - 2.5 x 1.7 (8'2" x 5'6") - Fully tiled and featuring a white suite. Paneled bath and fitted shower with fitted glass screen. Low level WC.
Vanity unit with inset wash and basin with cupboards under. Fitted mirror. Extractor. Tiled floor. Fitted shaver point.
Secure Under Ground Parking 2 Parking Bays - The apartment has 2 private parking bays (NUMBER 8) in the under ground car park.
Storage Cave / Lock Up - approx 3 x 2 (approx 9'10" x 6'6") - In the basement area is a private large walk in secure walk in storage cave / locker.
Ideal for storing items such as bikes and sun loungers. From The Beach - A view from the beach. Parking Entrance - From Sea Drive.
The Beach And Surrounding Area - The beautiful surroundings are an absolute delight. The beach foot path takes you to the Bluebird beach cafe in around 5 minutes.
Worthing pier is about 3 miles away and Highdown Hill in the South Downs National Park about a mile away.
Lease & Service Charge - Lease - We are advised the flat has a 199 years from 1st September 2008 Freehold ownership - Furthermore we are advised that the Freehold of the building belongs to Blue Waters Residents Association.
The share issue is allocated as 1 share per apartment. Service Charge - This is split into 2 six monthly payments and is currently £2398.74 (per half year). The payments are due December & June.
Council Tax Band E -
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
FAQ
About Bluewaters, Sea Drive, South Ferring
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