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See how verdicts work3-bedroom house · BN43 5UP
No longer listedReduced £15k (−4.1%) on 10 SepListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three-bedroom terraced home requiring complete modernisation, offering excellent scope for improvement and value enhancement in a sought-after Shoreham-by-Sea location.
Situated in a sought-after residential location in Shoreham-by-Sea, this three-bedroom terraced home presents an excellent opportunity for buyers seeking a property with scope to modernise and add value.
Requiring refurbishment throughout, the property offers well-proportioned accommodation across two floors and is ideally suited to investors, developers, or purchasers looking to create a home tailored to their own tastes and requirements.
The ground floor comprises a welcoming entrance hall leading to a spacious front reception room featuring a bay window, together with a separate dining area and kitchen.
To the rear, a generous family/sitting room provides additional living space and enjoys direct access to the garden, creating excellent potential for reconfiguration or open-plan living, subject to the necessary consents.
To the first floor are three bedrooms, including a spacious principal bedroom, alongside a family bathroom and useful airing cupboard storage.
Externally, the property benefits from front and rear gardens and enjoys a convenient position close to local amenities, schools, transport links, and Shoreham's town centre.
Offering significant potential for improvement, this property represents a fantastic opportunity to create a desirable family home in a popular coastal location.
Early viewing is highly recommended to appreciate the potential on offer. Disclaimer 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither goodmove nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 22, Nicolson Drive, Shoreham-By-Sea
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