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See how verdicts work2-bedroom flat · BN43 5PY
For saleReduced £10k (−4%) on 8 SepListed 411 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for sale this spacious two double bedroom apartment benefitting from balcony situated in this popular Ropetackle development.
Situated in the heart of Shoreham town centre, being just across the path from the start of walks along the River Adur, offering access to unique wildlife, water sports, walks, runs & bike rides leading up to the South Downs.
Also being in close proximity to the health centre, library, and mainline railway station.
Various restaurants and cafes can be found in the High Street, whilst Shoreham Beach is only a short walk over the footbridge.
Communal entrance Stairs or passenger lift to:- second floor Private front door through to:- entrance hallway Comprising lvt flooring, two storage cupboards, further storage cupboard with space and provision for washing machine, cupboard housing hot water tank and shelving.
Single light fitting, opening through to:- spacious internal hallway Comprising carpeted flooring, radiator, single light fitting, wall mounted door entryphone system.
Open plan lounge/dining room/kitchen East and North/East aspect.
Lounge/Dining Area: Comprising pvcu double glazed window, lvt flooring, radiator, two light fittings, pvcu double glazed French door out onto Balcony.
Kitchen Area: Comprising roll edge laminate work surface with cupboards below and matching eye level cupboards, inset one and a half bowl stainless steel single drainer sink unit with mixer tap, tiled splashbacks, inset four ring electric hob with oven below and extractor fan over and stainless steel splashback, space for fridge/freezer, ceiling mounted directable spotlights, extractor fan.
Balcony Benefitting from distant roof top views and onwards towards the South Downs. Comprising decked area with space for bistro table and chairs, glass balustrade, bedroom two East aspect.
Comprising pvcu double glazed window, carpeted flooring, radiator, single light fitting. Bedroom one East aspect.
Comprising pvcu double glazed window, carpeted flooring, radiator, single light fitting.
Bathroom Comprising lvt flooring, panel enclosed bath with mixer tap and shower attachment with fully tiled walls, low flush wc, pedestal hand wash basin with mixer tap and tiled splashback, wall mounted heated towel rail, single ceiling light fitting, extractor fan.
Secure parking Allocated parking space.
Tenure Leasehold lease: 125 Years from March 2011 - Approximately 110 years remaining maintenance: Approximately £1561.79 per annum ground rent Approximately £100 per annum
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 Falconers Court, 2,Flat 24, Little High Street, Shoreham-by-sea
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