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Old Shoreham Road, Shoreham by Sea

South East

£300,000
Listed on 02/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
878 sqft

Description

This generously sized three-bedroom end-of-terrace home located in the heart of Shoreham presents a promising opportunity for renovation and investment. With its off-street parking and proximity to local amenities, including the River Adur and Shoreham High Street, it offers both convenience and appeal. The property features an enclosed porch leading into an entrance hallway, along with a separate lounge boasting a bay window and a traditional feature fireplace. The open-plan dining area transitions seamlessly to a kitchen that requires modernisation to enhance functionality. A ground-floor shower room is also available, albeit in need of updating. Upstairs, three well-proportioned double bedrooms provide ample space for family living or rental potential, while the bathroom could benefit from refurbishment. The front garden allows for off-street parking, and the rear garden extends approximately 100ft, featuring mature shrubs and two timber sheds—ideal for landscaping or outdoor enhancements. This property is ripe for transformation into a desirable residence or rental opportunity within one of the South East's thriving towns.

Investment Analysis

(BN43 area)

Below Market Value

This property is priced -22.9% below area average per sq ft

-22.9%
Potential saving
This Property
£342/sq ft
Area Average
£443/sq ft
Avg Rent (weekly)
£322
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£428,187
10% above area average per sq ft
Potential ROI
+25.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BN43)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -2.9%
5 year growth: 6.8%
Investment Disclaimer: Analysis based on BN43 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Old Shoreham Road, Shoreham by Sea
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,099
Based on a loan of £225,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE