2-bedroom flat · BN12 5HU
Listing removedListed 115 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Open house viewings Saturday 10.30am to midday - By appointment only. Wonders await you in this one of a kind converted flat!
Originally named 'The Manor House' dating back hundreds of years, It was acquired by the Hentys in 1766 and refurbished by the family in 1860 remaining a private home until it was sold in 1924.
It then became the 'Ferring Grange Hotel' which was sadly almost totally lost in a fire back in 1946, but one wing still remains today and has been appropriately named 'Phoenix House'.
Converted into three flats in 1953, this well presented, two-bedroom garden apartment is truly one of a kind. Inside the flat boasts high ceilings and lots of space!
There is a large lounge with shutters on the large bay window. The farmhouse style kitchen has plenty of cupboard and worktop space.
There are two good size bedrooms, both of which have handy built in wardrobes. There is a modern bathroom with shower over the bath as well as a further shower room.
There is also a large dining room with utility area. There is a large conservatory leading onto the fabulous wrap around gardens which has two sheds. There is also 3 allocated parking spaces.
This is a fantastic flat with tons of history in the heart of Ferring. Viewing highly recommended! Council Tax - Band B x1 cat is acceptable, sorry, it is not allowed in the lease.
EPC Rating: D Location The pretty seaside village of Ferring in West Sussex is brimming with charm and character.
Just south of the South Downs National Park, Ferring has a delightful sense of community and has been described as 'Living in the country by the sea'.
Ferring village is ideally placed for all amenities with a good range of shops bars, restaurants, churches, dentists, doctor's surgery, vets and village schools.
Sailing, golf and health clubs are also close to hand, so you'll certainly be able to make the most of your leisure time here. Rear Garden (11.28m x 19.81m) Parking - Allocated Parking
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 1 Phoenix House Ferring Grange Gardens, Worthing
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