2-bedroom flat · BN43 5JT
For saleListed 79 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 two bathroom first floor apartment situated in this highly desirable Shoreham Beach location.
Located on Shoreham Beach, just minutes walk from both the River Adur and the beach with a bus stop opposite and convenient local shops, food outlets and a pub nearby in Ferry Road.
Across the footbridge in Shoreham town centre are more comprehensive facilities for shopping and entertainment, along with the Health Centre, Library, Community Centre, Ropetackle entertainment hub, a choice of bus routes and the mainline railway station.
Brighton and Worthing are both easily accessible, approximately 5 miles to the East and West respectively, London Victoria is a 75 minute direct train ride and Gatwick airport is easily accessible by road or rail.
Communal entrance Having secure entryphone system and private postboxes.
Private front door leading through to:- spacious entrance hall Comprising laminate flooring, radiator, recessed lighting, two storage cupboards with hanging rail, shelving and slatted shelving.
Dual aspect open plan lounge/dining room North and West aspect.
Comprising pvcu double glazed windows, laminate flooring, two single light fittings, radiator, two sets of double doors onto Juliette balconies - one benefitting from distant downland views the other with pleasant views over Hancock Way.
Opening through to:- kitchen Comprising roll edge laminate work surfaces with cupboards below and matching eye level cupboards, four ring gas hob with oven below and extractor fan over, space and provision for washing machine and dishwasher.
One and a half bowl composite sink unit with mixer tap. Integrated fridge/freezer, laminate flooring, recessed lighting. Matching eye level cupboard housing wall mounted Vaillant combination boiler.
Ensuite bedroom one West aspect.
Comprising pvcu double glazed window, carpeted flooring, single light fitting, radiator, storage cupboard with hanging rail and shelving, door to:- ensuite shower room Comprising tiled flooring, low flush wc, hand wash basin with mixer tap and vanity unit below, wall mounted LED mirror, heated towel rail, walk in shower cubicle with integrated shower over, recessed lighting, extractor fan.
Bedroom two West aspect. Comprising pvcu double glazed window, carpeted flooring, radiator, single light fitting.
Bathroom Comprising panel enclosed bath with integrated shower attachment over, part tiled walls, low flush wc, hand wash basin with mixer tap and vanity unit below, tiled splashback, tiled flooring, radiator, recessed lighting, extractor fan.
Two allocated parking spaces tenure lease: 125 years from 1 January 2010 - Approximately 108 years remaining maintenance: Approximately £1095 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 South Wharf House,3, Hancock Way, Shoreham-by-sea
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