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See how verdicts work2-bedroom flat · BN12 5HU
For saleListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A truly unique two-bedroom apartment, forming part of the historic Phoenix House in Ferring and offered for sale with no ongoing chain.
Originally known as ‘The Manor House’, the property dates back hundreds of years and was acquired by the Henty family in 1766, before being refurbished by the family in 1860.
It remained a private residence until 1924, when it became the Ferring Grange Hotel.
Sadly, the hotel was almost completely destroyed by fire in 1946, although one wing survived and is now known as Phoenix House. The building was converted into three individual apartments in 1953.
This well-presented second-floor flat offers a generous lounge, separate fitted kitchen, two bedrooms, loft access, bathroom and separate WC, together with a garage providing useful storage.
Combining period character, an interesting local history and comfortable accommodation, Phoenix House offers a rare opportunity to own a home with genuine character and a fascinating story, all within the popular village of Ferring.
This property is "Legally Prepared." Cooper Adams has gathered key documents, including the title, plans, property forms, warranties, and EPC. Buyers must request these before offering.
The seller requires a 'Reservation Agreement' to protect serious buyers as they proceed to exchange of contracts.
On offer acceptance, we are required to verify your identity to comply with Anti Money Laundering regulations. A fee of £60 inc VAT applies for these checks, payable in advance.
EPC Rating: E Location Ferring is a sought-after and popular village on the West Sussex coast and civil parish in the Arun District.
It is part of the area of Worthing and is located on the A259 road, three miles (5km) west of the town. Local facilities are close by including shops in the village.
Brighton, Gatwick and London Victoria can be accessed from Goring station which is close to hand. There are sailing facilities along the coast and numerous golf courses within a short distance.
The site of the village is an ancient one: The name itself is Saxon; it is mentioned in the Domesday Book; the parish church is Norman, and is dedicated to St Andrew. Parking - Garage
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
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FAQ
About 3 Phoenix House Ferring Grange Gardens, Worthing
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