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See how verdicts work2-bedroom flat · BN43 5AR
Sold STCListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to The Close, Shoreham-By-Sea - the perfect location for those seeking a peaceful yet convenient lifestyle.
This spacious 2 bedroom top floor apartment is located in a beautiful building in a quiet Shoreham address, offering stunning views of Lancing College and the surrounding area, plus a lovely communal garden.
The spacious living room is ideal for entertaining friends and family and the separate kitchen provides the perfect space and ample storage.
The apartment has two comfortable bedrooms and whether you are a couple looking for an extra room or a small family in need of more space, this apartment offers the perfect solution.
One of the highlights of this property is the beautiful views over Shoreham and West towards Lancing College, enjoying some amazing sunsets.
There is communal car park ensuring that you will have convenient parking for your vehicle. Another advantage of this property is there is no chain.
You can move in hassle-free and without any unnecessary delays. The location of The Close is truly unbeatable. Within half a mile of Shoreham Train Station, commuting is easy.
Whether you work in Brighton or London, the easy access to the train station will save you time and stress. Convenience at its best!
The service charge for this apartment has already been paid for 12 months, providing you with peace of mind and ensuring that you won't have any additional worries about unexpected expenses.
Shoreham-By-Sea is a charming town with a vibrant community and a wide range of amenities. From excellent schools to a variety of shops and restaurants, everything you need is within reach.
Enjoy leisurely walks along the beautiful shoreline or explore the nearby South Downs - the choice is yours.
Material Information: Tenure – Leasehold - 176 Years from July 2023 Annual Ground Rent - £0 Service Charge - 25 Mar 2025 - 24 Mar 2026 £2,578.74 Council Tax Band – B
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 Shoreham Court, The Close, Shoreham-By-Sea, West Sussex, BN43 5AR
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