We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · BN43 5DX
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
COMMUNAL ENTRANCE HALL Accesses from high street, steps leading up to first floor and communal are leading to: FRONT DOOR Double glazed front door and fixed side panel with obscure glass and fitted cat flap, door opening to: ENTRANCE LOBBY Ceiling light point, radiator with thermostatic valve, wall mounted door entry phone system, two built in storage cupboards, one housing electric meter and fuse board, both providing storage, single glazed door providing access to: OPEN PLAN LIVING SPACE LOUNGE 17'2 x 12'9 (5.23m x 3.89m) 'L' shaped lounge.
Southerly aspect with double glazed window offering views to the River Adur, ceiling light point, two radiators with thermostatic valves, T.V. aerial point, telephone point.
DINING AREA 11'6 x 8'0 (3.51m x 2.44m) Ceiling light point.
KITCHEN AREA 12'1 x 9'1 (3.68m x 2.77m) Easterly aspect with double glazed window looking over the High Street and offering distant views towards The South Downs.
Fitted with a range of eye level and base units comprising of cupboards and drawers, high gloss roll edge work surfaces, stainless steel single drainer sink unit with hot and cold taps, space and plumbing for washing machine, further space for other electrical appliance, wall mounted 'Alpha' gas combination boiler for heating and hot water, built in larder storage cupboard also housing gas meter, ceiling light point.
STAIRS Open tread staircase leading to landing area. LANDING Ceiling light point, hatch to loft space, built in storage cupboard with slatted shelving.
BEDROOM ONE 14'2 x 13'7 (4.32m x 4.14m) Southerly aspect with feature three quarter width double glazed windows looking onto the River Adur, ceiling light point, radiator with thermostatic valve, built in wardrobe providing hanging space and shelving.
BEDROOM TWO 14'1 x 8'6 (4.29m x 2.59m) Easterly aspect with double glazed window offering views across the High Street towards The South Downs, ceiling light point, radiator with thermostatic valve.
SHOWER ROOM 8'3 x 7'5 (2.51m x 2.26m) Double glazed window with obscure glass, ceiling light point, radiator, low level W.C.
vanity unit with inset sink with mixer tap and pop up waste with high gloss fronted storage under, glazed shower enclosure with tiled surround, feature tile to dado level and wall mounted 'Triton' thermostatic shower.
OUTGOINGS Maintenance: £1385 per annum payable half yearly Ground Rent: £75 per annum Lease: Approximately 80 years remaining - EXTENDED LEASE TO BE PROVIDED BY SELLER WHICH WILL BE ARRANGED DURING THE SALE COUNCIL TAX Band B These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
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 Britannia House, High Street, Shoreham-by-sea, West Sussex
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