1-bedroom house · BN43 5WH
For saleListed 200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Greenways Property are delighted to offer this chain free one double Bedroom retirement apartment with patio area.
Features and accommodation to include: living room overlooking the gardens, fitted kitchen, one double bedrooms, shower room/W.C, double glazing and emergency call system.
Other facilities include: Communal resident's lounge, laundry room, communal parking, attractive well maintained communal gardens and lakeside terrace.
Situated close to Shoreham Town Centre with its range of shopping facilities, bars and restaurants, library, health and community centre along with mainline railway station providing coastal and city services.
A local bus service which serves the surrounding area is available from outside the development.
Communal Hallway - Communal front door with secure entry phone, communal hallway with door to the apartment.
Inner Hall - 2.57m x 0.91m (8'5 x 3) - Wall mounted emergency call system, coved ceiling, large airing cupboard housing hot and cold water tanks, electric fuse box and meter, range of built in shelving.
Living/Dining Room - 4.85m x 3.20m (15'11 x 10'6) - Newly installed electric wall heater, coved ceiling, fireplace with wooden surround and mantle, TV aerial point and telephone point, emergency pull cord, two wall lights, large uPVC double glazed window overlooking communal gardens, uPVC double glazed door to rear patio area leading to gardens.
Open archway leading to kitchen.
Kitchen - 2.21m x 1.63m (7'3 x 5'4) - Range of wall, base and drawer units with roll edged working surfaces over, inset stainless steel single drainer sink unit, inset four ring electric hob with extractor hood over, fitted eye level electric oven, space for further appliances, fully tiled walls and coved ceiling.
Double Bedroom - 3.68m x 2.64m (12'1 x 8'8) - Newly installed electric wall heater, coved ceiling built in wardrobe with hanging rail and shelf, emergency pull cord, wall light, uPVC double glazed window overlooking the communal gardens.
Shower Room - Walk-in shower cubicle with sliding glazed door, electric shower unit, wash basin with storage beneath, low level close coupled W.C, tiled walls, wall mounted electric heater, coved ceiling and heated towel rail.
Communal Facilities - RESIDENTS LOUNGE Situated on the ground floor overlooking the Communal Lakeside Gardens and Sun Terrace.
Door to Lakeside Gardens/Sun Terrace COMMUNAL LAUNDRY Located on the ground floor with washing machines, tumble dryers and sink. REFUSE ROOM Located on the ground floor.
GUEST SUITE This suite is available to friends and family of residents on first come first served reservation basis subject to a charge.
OUTSIDE Well maintained Communal Gardens surrounding the development that include: lawns, paved Lakeside Sun Terrace, tables, chairs and parasols etc.
There is communal parking spaces subject to availability.
BUGGY STORE For electric buggies, spaces are limited and subject to availability Other Information - TENURE: Leasehold LEASE: 125 years from 1st June 1988 (87 years) SERVICE CHARGE: £2,804 per annum GROUND RENT: £498.32 per annum LOCAL AUTHORITY: Adur TAX BAND: B Homehaven Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 44 properties arranged over 3 floors each served by lift.
The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system.
It is a condition of purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 years and the other over 55 years.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Swiss Gardens, Shoreham-By-Sea
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