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See how verdicts work1-bedroom house · BN11 4BZ
For saleListed 542 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to bring to the market this delightful chain free fourth-floor retirement apartment which offers a perfect blend of comfort and convenience for those over 60 only.
Boasting a recently fitted modern kitchen, which has been thoughtfully updated to meet the needs of contemporary living.
Residents will appreciate the communal laundry room, providing added ease to daily routines, while the communal lounge and garden offers a serene space to relax and enjoy the outdoors.
This warden-assisted property ensures peace of mind, allowing residents to enjoy their independence while having support readily available.
Although parking is non-allocated, the surrounding area provides ample opportunities for local amenities and transport links, making it easy to explore the vibrant community of Worthing.
This retirement property is an ideal choice for those seeking a supportive and friendly environment, where comfort and companionship are at the forefront.
With its recent updates and communal facilities, this apartment is ready to welcome its new residents into a warm and inviting home.
Warden Available Monday - Friday 9.00am - 16.00pm Lease - 82 Years Remaining Maintenance - £2400 per annum (Approx) Ground Rent - £100 per annum Lounge (5.41 x 3.16 (17'8" x 10'4")) Bright south facing lounge with views over Worthing, new electric fire place, double glazed uPVC windows, new Dyna eco friendly heaters with thermostat, recently carpeted.
Kitchen (2.32 x 1.79 (7'7" x 5'10")) Recently fitted Wickes modern kitchen, electric Neff induction hob and oven, sink and drainer, space for free standing fridge freezer, plenty of storage space, double glazed uPVC windows and vinyl flooring.
Bedroom (4.44 x 2.53 (14'6" x 8'3")) South facing bedroom with views of Worthing, new eco Dyna heaters with thermostat, built in double wardrobe, emergency cord system and carpeted.
Shower Room (2.13 x 1.59 (6'11" x 5'2")) Recently updated shower room with walk in corner shower with overhead and handheld attachments, heated towel rail, vinyl flooring, storage cupboards, W/C and basin.
Hall Carpeted, storage cupboard, secure entry phone system with Vinyl flooring. Communal Garden South facing laid to lawn garden with patio section.
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
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FAQ
About Flat 31, Oakland Court, Gratwicke Road, Worthing
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