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See how verdicts work2-bedroom flat · BN43 6DG
For saleListed 358 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for sale this spacious two double bedroom third floor apartment situated in this modern development with added benefit of allocated parking.
Situated in Shoreham town centre within walking distance of local independent shops, bars and restaurants on East Street along with Shoreham by Sea Railway Station with trains direct to London Victoria.
The main 700 bus route from Littlehampton to Brighton is also on the doorstep giving access to all parts of the town and its surrounding areas.
Coded security telephone entry system to communal front door:- communal hallway With stairs and passenger lift leading to:- third floor Private front door leading into:- spacious entrance hall Comprising laminate flooring, single light fitting, radiator.
Door to walk in storage cupboard, single light fitting, wall mounted Switch hot water tank, fuseboard. Open plan lounge / kitchen / dining area North aspect.
Kitchen area: Comprising square edge laminate worksurfaces with cupboards below and matching eye level cupboards, inset one and a half bowl stainless steel sink unit with mixer tap, inset four ring electric hob with oven below and extractor fan over, integrated appliances include fridge/freezer, dishwasher, washing machine.
Recessed lighting, laminate flooring, radiator.
Lounge area: Comprising laminate flooring, recess lighting, wall mounted heating control panel, pvcu double glazed window, pvcu double glazed sliding door out to:- balcony With glass balustrade having distant downland views.
Bedroom two North aspect. Comprising pvcu double glazed window, radiator, carpeted flooring, single light fitting. Bedroom one North aspect.
Comprising pvcu double glazed window, radiator, carpeted flooring, single light fitting.
Modern bathroom Comprising panel enclosed bath with shower attachment benefitting from tiled walls, pedestal hand wash basin with mixer tap, tiled splashback, low flush wc, wall mounted heated towel rail, tiled flooring, recess lighting, extractor fan, shaver point.
Tenure Leasehold Lease: 125 years from and including 1 November 2018 maintenance: Approximately £2697.14 Per Annum ground rent: Approximately £200 Per Annum
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 83 Brighton Road,Flat 21 Mariner Point, Shoreham-by-sea
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