1-bedroom flat · BN43 5PD
Sold STCListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** £219,950 *** WARWICK BAKER ESTATE AGENTS ARE EXCITED TO PRESENT THIS RARELY AVAILABLE THIRD FLOOR PURPOSE-BUILT FLAT SITUATED DIRECTLY OPPOSITE THE BEAUTIFUL RIVER ADUR.
This remarkable flat offers a range of desirable features, including access to a passenger lift and a secure entry phone system.
Upon entering, you’ll find an inviting entrance hall with bespoke decoration that leads into a spacious 15' lounge featuring stunning direct river views, creating the perfect backdrop for relaxation.
The double bedroom also boasts picturesque river views, enhancing your living experience.
The modern kitchen provides both functionality and style, while the charming balcony offers a serene outdoor space to enjoy the scenic views.
Additionally, the contemporary bathroom and allocated parking space add convenience to this exceptional property.
Please note that the leaseholders have recently achieved the right to manage this block, further enhancing peace of mind. INTERNAL VIEWING IS HIGHLY RECOMMENDED BY THE VENDOR'S SOLE AGENT.
NO UPWARD CHAIN. THIS OPPORTUNITY IS NOT TO BE MISSED!
Front door leading to: Entrance Hall - 3.58 in length (11'8" in length) - Security door entry phone system, single panel radiator with cover, laminate wood flooring, LED down lighting, door giving access to storage cupboard, door giving access to airing cupboard housing pressurised hot water cylinder.
Door off entrance hall to: Lounge - 4.70 x 3.33 (15'5" x 10'11") - Double glazed window to the front having direct views of The River Adur and The South Downs, single panel radiator with cover, laminate wood flooring.
Sliding double glazed patio door off lounge to: Kitchen - 3.68 x 3.27 (12'0" x 10'8") - Comprising 1 1/4 bowl stainless steel sink unit inset into granite effect work top, storage cupboards under, built in integrated ' HOTPOINT ' washing machine to the side, built in integrated ' INDESIT ' dishwasher to the side, tiled splash back, complimented by matching wall units over with under counter lighting, storage cupboard to the side housing ' POTTERTON ' gas fired boiler, matching adjacent work top with inset ' BOSCH ' stainless steel gas four ring hob, ' BOSCH ' electric oven under, drawers and storage cupboard to the side, tiled splash back, complimented by matching wall units over with under counter lighting, built in integrated ' BOSCH ' extractor hood, built in integrated ' BOSCH ' fridge/freezer to the side, further adjacent matching work top to the side, storage cupboard under, tiled splash back, complimented by matching wall units over with under counter lighting, laminate wood flooring, LED downlighting, clean air extractor system.
Door off entrance hall to: Bedroom - 3.82 x 2.84 (12'6" x 9'3") - Double glazed windows to the front having direct views of The River Adur and The South Downs, built in double sliding doored wardrobe with hanging and shelving space, built in dressing table with range of drawers under, two built in high level double doored storage cupboards over, two built in double doored wardrobes with hanging and shelving space to the side, double panelled radiator, laminate wood flooring.
Door off entrance hall to: Bathroom - Being part tiled, comprising panel bath with contemporary style mixer tap, built in shower with separate shower attachment, glass shower screen, vanity unit with inset wash hand basin with contemporary style mixer tap, storage cupboards under, low level wc to the side, heated hand towel rail, vinyl flooring, LED downlighting, clean air extractor system.
Balcony - 2.25 x 1.21 (7'4" x 3'11") - Laid to wood decking, enclosed by steel balustrade with wood hand rail, having direct views of The River Adur and The South Downs.
Opening off lounge to: Allocated Parking Space - No: 153 Outgoings - SERVICE CHARGE COSTS (01/01/26 – 31/12/26) FOR THE ESTATE:- £319 BLOCK MANAGEMENT COSTS (01/01/26 – 31/12/26):- £887 GROUND RENT:- £150 PER ANNUM LEASE:- 104 YEARS REMAINING
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 Sussex Wharf, Shoreham-By-Sea
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