1-bedroom flat · BN43 5SE
Sold STCListed 213 days
Opportunity summary
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About
*** £189,950 *** WARWICK BAKER ESTATE AGENTS ARE THRILLED TO PRESENT THIS RARELY AVAILABLE FIRST FLOOR APARTMENT IN A HIGHLY DESIRABLE PURPOSE-BUILT BLOCK, JUST 50 METRES FROM THE FOOTBRIDGE AND FORESHORE.
THIS CHARMING PROPERTY FEATURES A PRIVATE STREET ENTRANCE, AN 'L' SHAPED ENTRANCE HALL, A 16’ WEST FACING LOUNGE THAT FILLS WITH NATURAL LIGHT, A COMFORTABLE 13’ DOUBLE BEDROOM, AND A 10’ WEST FACING BALCONY OFFERING STUNNING RIVER AND SEA VIEWS.
ADDITIONAL HIGHLIGHTS INCLUDE A 15’ KITCHEN/BREAKFAST ROOM AND A PART-TILED BATHROOM. INTERNAL VIEWING IS STRONGLY ENCOURAGED BY THE VENDORS' SOLE AGENT.
Part double glazed front door leading to: Entrance Hall - 4.70m x 2.67m (15'5" x 8'9") - Being ' L ' shaped, ' DIMPLEX ' night storage heater, laminate wood flooring, door giving access to storage cupboard with hanging and shelving space, door giving access to storage cupboard with shelving.
Security glazed door off entrance hall to: Lounge - 5.06 x 3.75 (16'7" x 12'3") - Double glazed window to the front having a westerly aspect, views of The River Adur, ' DIMPLEX ' night storage heater, laminate wood flooring.
Sliding double glazed patio door off lounge to: Balcony - 3.19 x 1.37 (10'5" x 4'5") - Having a westerly aspect to the front with views of The River Adur and The English Channel, enclosed by wood balustrade.
Security glazed door off lounge to: Kitchen/Breakfast Room - 4.80 x 2.44 (15'8" x 8'0") - Comprising stainless sink unit with mixer tap inset into work top, storage cupboards under, tiled splash back, display shelf over, matching adjacent worktop with space for cooker, drawers and cupboards to the side, space and plumbing for washing machine to the side, tiled splash back, complimented by matching wall unit over, display shelving to the side, space for tall fridge/freezer, vinyl flooring, double glazed window to the front having a westerly aspect, spotlighting.
Door off entrance hall to: Bedroom - 4.21 x 3.52 (13'9" x 11'6") - Double glazed windows to the rear having an easterly aspect, built in double doored wardrobe with hanging and shelving space, door giving access to single wardrobe with hanging and shelving space, ' DIMPLEX ' night storage heater.
Door off entrance hall to: Bathroom - Being part tiled, comprising panel bath with hot and cold taps, twin hand grips, ' BRISTA ' independent wall mounted shower unit with separate shower attachment, shower rail and curtain, pedestal wash hand basin with hot and cold taps, low level wc, vinyl flooring, wall mounted electric heated, extractor fan.
Outgoings - MAINTENANCE:- TBA GOUND RENT:- TBA LEASE:- 999 YEARS FROM 01/01/2019
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 Ferry Road, Shoreham-By-Sea
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