1-bedroom house · BN43 5WH
For saleListed 485 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMARY OF ACCOMMODATION Communal Entrance Hall with lift to all floors Entrance Hall with store cupboard * South facing Living Room * Modern fitted Kitchen with integrated appliances * Double Bedroom with built in wardrobes * Modern fitted Shower Room * Residents Lounge & Laundry Room * Well maintained grounds.
A ONE BEDROOM RETIREMENT APARTMENT LOCATED ON THE 2nd FLOOR HOMEHAVEN COURT was constructed by McCarthy & Stone (Developments) Ltd and comprises 44 properties arranged over 3 floors each served by lift.
The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. The property comprises an entrance hall, lounge, kitchen, one bedroom and modern shower room.
It is a condition of purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 years and the other over 55 years.
GUEST SUITE This suite is available to friends and family of residents on first come first served reservation basis subject to a charge.
For social gatherings and activities, the communal lounge offers a welcoming space to connect with neighbours and friends.
The proximity to Shoreham-by-Sea town centre ensures easy access to amenities, shops, and restaurants.
Lease Years: 125 years from 1988 Maintenance: 2003/4 £1,402.20 ½ yearly - Ground Rent £112.81 ½ yearly
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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 Swiss Gardens, Shoreham-By-Sea, West Sussex, BN43
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