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See how verdicts work2-bedroom flat · BN43 5PD
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** £224,000 *** WARWICK BAKER ESTATE AGENTS ARE EXCITED TO PRESENT THIS RARELY AVAILABLE FIRST FLOOR FLOOR PURPOSE-BUILT FLAT SITUATED NEAR THE BEAUTIFUL RIVER ADUR.
This remarkable flat offers a range of desirable features, including access to a passenger lift and a secure entry phone system.
Upon entering, you’ll find an inviting entrance hall that leads into a spacious lounge featuring stunning river glimpses, creating the perfect backdrop for relaxation.
The two double bedrooms also boasts picturesque river glimpses, enhancing your living experience.
The modern kitchen provides both functionality and style, while the charming balcony offers a serene outdoor space to enjoy the scenic views.
Additionally, the contemporary bathroom and allocated parking space add convenience to this exceptional property.
Please note that the leaseholders have recently achieved the right to manage this block, further enhancing peace of mind. INTERNAL VIEWING IS HIGHLY RECOMMENDED BY THE VENDOR'S SOLE AGENT.
NO UPWARD CHAIN. THIS OPPORTUNITY IS NOT TO BE MISSED!
Stairs and passenger lift to front door leading to: Entrance Hall - 3.86 x 3.22 (12'7" x 10'6") - Being ' L " shaped, security door entry phone system, LED down lighting, door giving access to airing cupboard housing pressurised hot water cylinder, slatted shelving, door giving access to storage cupboard housing electric trip switches.
Door off entrance hall to: Kitchen/Reception Room - 7.43 x 3.22 - Lounge - Double glazed windows to the front having an easterly aspect with views of The River Adur, two double single panel radiators, Sliding double glazed patio door off lounge to: Balcony - 2.09 x 1.60 (6'10" x 5'2") - Having an easterly aspect with views of The River Adur, enclosed by steel balustrade.
Opening off lounge to: Kitchen - Comprising granite effect work top with inset 1 1/4 bowl stainless steel sink unit with mixer tap, storage cupboard under, built in integrated ' BOSCH ' dishwasher ' to the side, tiled splash back, storage cupboard to the side, complimented by matching wall units over with under counter lighting, storage cupboard to the side housing ' BAXI ' gas fired boiler ( INSTALLED 18/07/23 ), built in integrated fridge/freezer to the side, adjacent matching granite effect worktop with inset ' BOSCH ' four ring stainless steel hob, built in integrated ' BOSCH ' electric oven under, drawers and cupboards to the side, display wine rack, built in integrated ' BLOOMBERG ' washer/dryer to the side, tiled splash back, complimented by matching wall units over with under counter lighting, built in integrated ' BOSCH ' extractor hood to the side, ‘ KARNDEAN ‘ flooring, LED downlighting, extractor fan.
Door off entrance hall to: Bedroom 1 - 4.15 x 2.75 (13'7" x 9'0") - Double glazed windows to the front having an easterly aspect with views of The River Adur, single panel radiator, built in double sliding doored wardrobe with hanging and shelving space.
Door off bedroom 1 to: Bathroom - Being part tiled, comprising panel bath with mixer tap with separate shower attachment, twin hand grips, work top with inset wash hand basin with mixer tap, storage cupboards under, low level wc to the side, single panel radiator, ‘ KARNDEAN ‘ flooring, LED downlighting, extractor fan.
En-Suite Shower Room - Being part tiled, comprising low level wc, vanity unit with inset wash hand basin with mixer tap, double doored storage cupboard under, ‘ KARNDEAN ‘ flooring, LED downlighting, extractor fan, step in fully tiled shower cubicle with built in shower with separate, shower attachment, folding shower door.
Door off entrance hall to: Bedroom 2 - 4.15 x 2.21 (13'7" x 7'3") - Double glazed windows to the front having an easterly aspect with views of The River Adur, single panel radiator.
Door off entrance hall to: Allocated Parking Space - No:- 145 Outgoings - MAINTENACE:- £1,436 PER ANNUM GROUND RENT:- £150 PER ANNUM LEASE:- 104 YEARS REMAINING
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Sussex Wharf, Shoreham-By-Sea
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