We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · BN14 9RT
Sold STCListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented two bedroom ground floor retirement apartment with direct access to a West facing patio area. A CHAIN FREE opportunity with resident parking and being close to local shops.
The communal entrance is directly opposite and most convenient the resident parking area . A security entryphone system provides access to the communal entrance hall with private door to the flat.
There is an L- shaped entrance hall with storage. The lounge/dining room is spacious with french doors to the West facing patio area. The kitchen is comprehensive with ample worksurface and cupboards.
This room has a South facing window overlooking a side garden. The two bedrooms are both East facing and there is a shower room/wc.
Additionally the development features attractive communal gardens with feature central bandstand, house manager and resident/visitor parking.
Leasehold Unexpired Years: 86 Annual Ground Rent: TBC Ground Rent Increase: TBC Ground Rent Review Period: TBC Annual Service: £3,115.92 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
ADDITIONAL INFORMATION Materials used in construction: ASK AGENT For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances. Situated within the sought after residential location of Offington, offering easy access to local shopping facilities at Thomas A Becket.
Also situated within yards of a bus stop, with bus services giving access to the surrounding district, along with Worthing town centre and its comprehensive shopping facilities, amenities and popular seafront promenade.
Additionally the property benefits from being situated within around a mile from West Worthing Station.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Offington Lane, Worthing, West Sussex, BN14
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