2-bedroom flat · BN43 5RA
Sold STCListed 50 days
Opportunity summary
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About
We are delighted to offer for sale this extremely well presented first floor two double bedroom apartment, positioned in this popular Shoreham Beach location, being close to the footbridge into Shoreham town centre & a short walk from Shoreham Beach.
In brief the property consists of a spacious L shaped entrance hallway having two storage cupboards for extra storage space, two double bedrooms both with direct access to the rear balcony of the apartment, a fitted bathroom suite, a modern open plan living room completes the accommodation with a fitted kitchen with built in appliances, there is also a balcony to the front which benefits from distant sea, river & downland views.
The vendors have found a vacant property to purchase so this is a great opportunity for first time buyers & investors alike, call today to arrange your viewing on .
EPC Rating: C Communal Entrance Hallway Communal front door with security telephone entry system, stairs leading to first floor.
Spacious L Shaped Entrance Hallway Dimensions: 4.47m x 1.47m (14'8 x 4'10).
Wooden effect laminate flooring, two fitted storage cupboards, wall mounted security telephone entry system, skimmed ceiling, smoke detector, coving.
Master Bedroom Dimensions: 5.16m x 2.87m (16'11 x 9'5).
Carpeted flooring, radiator, PVCU double glazed door leading to rear balcony, fitted wardrobe with various hanging rails & shelving, skimmed ceiling, coving.
Bedroom Two Dimensions: 3.56m x 2.39m (11'8 x 7'10).
Carpeted flooring, radiator, fitted storage cupboard housing combination boiler, PVCU double glazed sliding door leading to rear balcony, skimmed ceiling, coving.
Fitted Bathroom Dimensions: 2.08m x 1.75m (6'10 x 5'9).
Vinyl tile effect flooring, low flush WC, pedestal hand wash basin with vanity unit below & mixer tap, panel enclosed bath with electric shower over, part tiled walls, extractor fan, skimmed ceiling, coving.
Open Plan Living Room / Kitchen Dimensions: 8.69m x 5.33m at maximum measurements (28'6 x 17'6.
Living Area: Wooden effect laminate flooring, two radiators, television point, fitted window seat having storage below, PVCU double glazed window, PVCU double glazed doors leading to front balcony, opening into: Kitchen Area: Wooden effect laminate flooring, roll edge laminate work surfaces with cupboards below & matching eye level cupboards, inset stainless steel one & a half bowl sink unit with mixer tap, integrated oven with four ring gas burning hob above & extractor fan over, space for washing machine, integrated under-counter fridge & freezer units, skimmed ceiling, coving.
Front Balcony Dimensions: 2.57m x 1.02m (8'5 x 3'4). With distant sea, river, footbridge & downland views. Rear Balcony Dimensions: 5.41m x 2.44m (17'9 x 8). With river views.
Lease Information Lease Term: 198 Years From 25th March 1972 - 134 Years Remaining Maintenance: As & When Basis Split Three Ways Ground Rent: Peppercorn Other Charges: Communal Hallway Insurance £49pa Communal Hallway Electricity £30.56pa Council Tax Band B
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.
Area
Agent & docs
FAQ
About Ferry Road, Shoreham-By-Sea, BN43
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