2-bedroom flat · BN12 6FD
For saleReduced £4k (−3.7%) on 19 SepListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Don't miss your chance to own a 40% share in this stylish and modern two double bedroom, first/top floor apartment, which benefits from allocated undercover parking.
Located less than a 30 minute walk to Goring-By-Sea train station (1.1 miles) and is ideally situated for commuters. This generously sized two bedroom shared ownership apartment is a must-see.
Located on the first/top floor of Reginald Court, the property sits on a desirable and quiet development.
Walking through the front door you are welcomed by a spacious and bright hallway, with a large storage cupboard to your left it is ideal for storing shoes and coats.
Another door to your left opens into the main bedroom which benefits from a double fitted wardrobe.
The next door on the left is the second bedroom which is neutrally decorated and offers plenty of space for bedroom furniture.
Opposite the second bedroom is the bathroom which boasts a modern white suite and shower over bath.
Following the hallway along you are greeted by the stylish and modern open plan kitchen which benefits from plenty of cupboard and worktop cupboard.
The open plan kitchen leads onto the spacious living room which benefits from space for a table and chairs.
Also included with the apartment are beautiful communal gardens and a communal bike shed, allocated parking under cover in car park barn.
Full Market Value: £280,000 Share available from: 40% at £112,000 Rent: £468.50 pcm Service Charges: £139.38 pcm Lease Term 116 Years Council Tax Band B Local Area Information If you love the idea of living by the coast then this really could be the ideal location for you.
Ferring is a traditional Sussex seafront village, between Worthing and Littlehampton. The shingle beach has a cafe, parking and beach huts for hire.
Goring by sea offer trains to London & South coast.
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
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FAQ
About Reginald Court 1 Winton Close, Ferring
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