1-bedroom flat · BN43 5DQ
Sold STCListed 131 days
Opportunity summary
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About
*** £199,950 *** WARWICK BAKER ESTATE AGENTS ARE EXCITED TO PRESENT THIS EXCEPTIONAL GROUND FLOOR APARTMENT, NESTLED IN A HISTORIC PERIOD BUILDING.
IDEALLY LOCATED IN THE HEART OF THE TOWN CENTRE, IT’S JUST 100 METRES FROM SHOREHAM MAINLINE RAILWAY STATION, OFFERING CONVENIENT ACCESS TO LONDON VICTORIA IN A QUICK 80 MINUTES.
THIS APARTMENT BOASTS AN INVITING ENTRANCE VESTIBULE, A GENEROUS 15' LOUNGE, A MODERN KITCHEN, A SPACIOUS 15' DOUBLE BEDROOM, A CONTEMPORARY BATHROOM, A CHARMING FORMAL PATIO AREA, AS WELL AS TWO CELLAR ROOMS FOR ADDED STORAGE.
INTERNAL VIEWINGS ARE STRONGLY RECOMMENDED BY THE VENDORS' SOLE AGENT. ENJOY THE BENEFIT OF NO UPWARD CHAIN!
Front door leading to: Entrance Vestibule - 1.17m x 0.94m (3'10" x 3'01") - Door off entrance vestibule to: Lounge - 4.64 x 4.10 (15'2" x 13'5") - Part frosted original sash window to the front having an easterly aspect, double panelled radiator, single panel radiator, two built in double doored storage cupboards with shelving, two part frosted glazed display cabinets with shelving over.
Arched doorway with step down to: Kitchen - 4.62m x 1.73m (15'2" x 5'8") - Comprising stainless steel sink unit with mixer tap inset into wood effect work top, range of drawers and cupboards under, tiled splash back, complimented by matching wall units over, matching adjacent worktop with inset four ring electric hob, ' CDA ' electric oven under, tiled splash back, complimented by matching wall units over with integrated extractor hood, vinyl flooring, double glazed windows to the rear having a westerly aspect, LED downlighting.
Door off kitchen to: Inner Hall - 2.72m' x 2.03m (8'11' x 6'08") - Being ' L ' shaped, single panel radiator, vinyl flooring, LED downlighting, double doors to airing cupboard housing ' WORCES gas fired combination boiler.
Step up with door off inner hall to: Bedroom - 4.64 x 2.72 (15'2" x 8'11") - Part frosted original sash window to the front having an easterly aspect, two double panelled radiators, two built in double doored wardrobes with hanging and shelving space, single door wardrobe with hanging and shelving space.
Door off inner hall to: Bathroom - Being part tiled, comprising bath with mixer tap with separate shower attachment, twin hand grips, glass shower screen, pedestal wash hand basin with hot and cold taps, low level wc, heated hand towel rail, tiled flooring, double glazed windows to the rear having a westerly aspect, LED downlighting.
Twin part double glazed French doors off inner hall to: Formal Patio Area - Having a westerly aspect.
Door off kitchen to stairs with handrail down to: Cellar Room A - 5.30 x 3.80 (17'4" x 12'5") - Doorway off cellar room a to: Cellar Room B - 4.39 x 3.01 (14'4" x 9'10") - Outgoings - SHARE OF FREEHOLD.
MAINTENANCE: TBA GROUND RENT: TBA LEASE: NEW
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
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FAQ
About 5, Church Street, Shoreham-By-Sea
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