2-bedroom flat · BN12 5EU
Sold STCListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and beautifully presented two double bedroom ground floor apartment with conservatory, forming part of small purpose-built development in South Ferring.
A beautifully presented apartment set back from the road and approached via excellently maintained communal grounds and residential parking. A short path takes you to the private front door.
Inside an enclosed porch leads into a hall off which all of the rooms are found.
The spacious lounge is a particular feature of the property with views over open arable farmland and a door to a private patio which offers the perfect spot to relax and enjoy the scenery.
There is a good-sized contemporary kitchen which is fitted with a modern range of cupboard and drawer units and ample worksurfaces.
Adjacent a sunroom, currently utilised as a dining area and utility, allows access to the communal gardens. In addition there are two double bedrooms and a bathroom with a separate WC.
Outside there are well-kept west facing communal gardens which enjoy direct access from the apartment. There is also access to the garage which is situated to the rear of the development.
Tastefully decorated and generously proportioned throughout the flat has an abundance of natural light coming in through many large windows and will make anyone wishing to live in this highly desirable coastal village a wonderful home.
Council Tax Band C Lease length remaining 942 years Maintenance charge £1750 per annum Annual Ground Rent £15 TENURE Leasehold Unexpired Years: 940 Annual Ground Rent: £15 Ground Rent Increase: TBC Ground Rent Review Period: TBC Annual Service Charge: £3000 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion ADDITIONAL INFORMATION Materials used in construction: Brick For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Nestled between the South Downs and South coast the highly desirable village of Ferring is noted for its timeless appeal and vibrant community spirit.
There are two small but well-appointed shopping parades both served by bus routes giving easy access to surrounding areas including Worthing town centre.
Excellent road links and a main line railway station offer a direct service to Hove, Brighton, London, Gatwick and beyond.
In the village centre is a doctor's surgery, dentist, village hall, well stocked co-op, vets, library, a variety of eateries including The Andalucia Spanish, Rassasy Deli and The Orange Tree cafe/bar which also has a unique venue called The Loft Gallery showcasing local artists and makers as well as gifts and homeware.
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
FAQ
About Sea Lane, Ferring, Worthing, West Sussex, BN12
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