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See how verdicts work2-bedroom flat · BN43 6AZ
For saleListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Swift House, Coral Close Nestled in a secluded corner position within the modern Southlands development constructed in 2012.
A small purpose built block of just six apartments, this particular home enjoys a notably private position, sharing no external walls with neighbouring flats, allowing for windows to three elevations, creating a bright and naturally well-lit living environment.
A well-presented and thoughtfully designed two-bedroom ground floor apartment offering approximately 724 sq ft (67.2 sq m) of accommodation, the property combines a practical layout with comfortable proportions enjoys a South Westerly aspect to the main living space, the principle bedroom also having a dual aspect and en-suite shower room.
Outside is an allocated parking bay along with a large communal green space and play park, a pathway offers easy level access to a small parade of shops and a regular bus service only a 2 minute walk away Whilst suitable for a variety of buyers, the ground floor position would particularly benefit someone looking to downsize, making the most of the ground floor and convenient position in a level area.
Walkthrough The apartment is accessed via a well-maintained communal entrance, set to the side in a stand alone position is the apartment, entering into a good sized hall with a large storage cupboard with space and plumbing for a washing machine, ideal for everyday practicality.
A standout feature of the home is the generous open-plan living space, measuring approximately 19’6 into bay x 12’7, enjoying excellent natural light from a dual aspect with a large South facing window which extends to the floor, along with a West facing bay window enhancing both the sense of space and outlook.
The kitchen is recessed to one end forming a horse shoe shape, fitted with a range of modern units and integrated appliances, arranged to create a sociable yet well-defined cooking area.
There is ample space for both seating and dining, making this an ideal room for everyday living as well as entertaining.
Bedrooms The principal bedroom measures approximately 13’1 x 9’10 and enjoys a dual aspect, creating a bright and comfortable space.
The room is complemented with fitted wardrobe with mirror fronted sliding doors, long with a private en suite shower room which has a large shower cubical, sink and WC, well lit from a side window The second bedroom measures approximately 11’10 x 7’10 and offers excellent versatility as a guest room, home office or additional bedroom.
A built-in wardrobe provides valuable storage.
Bathroom The main bathroom is fitted with a suite comprising bath with shower over, WC and wash basin, finished to a good standard and conveniently located off the hallway for guests use.
Outside & Parking The property forms part of a neat and well-kept development within Coral Close.
Set behind the apartment is a large tree lined communal green space which leads to a play park, a peaceful retreat or and offering pathways which give easy level access to the shops only a 2 minute walk away, providing convenience and ease for residents.
There is an allocated parking bay opposite along with visitor bays to accommodate guests Additional Features Desirable Ground Floor Secluded Position next to an open green space Modern development (constructed in 2012) Only six apartments within the building No shared external walls with neighbouring flats South Westerly aspect Living space Two double bedrooms with and en-suite to the principle bedroom Bright and Airy feel with a sense of privacy Well balanced space of 724 sq ft / 67.2 sq m Good storage with fitted wardrobes and a large hall storage cupboard Long Lease with 109 years remaining Allocated parking space Well suited to someone looking to downsize Conveniently located to a regular bus service Location Situated in Shoreham-by-Sea, the property is well placed for access to a range of local amenities, including shops, cafés and everyday services.
Shoreham town centre and seafront are within easy reach, offering a vibrant coastal lifestyle.
Transport links are convenient, Shoreham-by-Sea railway station is 1 mile away providing connections along the coast and towards Brighton and London.
The A27 and A259 are also readily accessible, ensuring straightforward road access to surrounding areas.
Additional Information Tenure: Leasehold with 109 years remaining Service Charge: Approx £2,000 / 6 months Ground Rent: £385 / annum Royall Best's thoughts A well proportioned flat offering natural light, space and storage.
A great example of a modern build done well suitable for a range of buyers and a unique ground floor opportunity *Please note the sellers are related to a Director of Royall Best Ltd
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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FAQ
About Coral Close, Shoreham-by-sea, BN43 6AZ
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