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See how verdicts work1-bedroom property · BN11 3LU
Sold STCListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to bring to the market this first floor retirement apartment situated in the heart of Worthing Town Centre being close to shops and a few hundred yards off the seafront with promenade.
Briefly the accommodation comprises of: Entrance hall, lounge, modern fitted kitchen, large double bedroom with wardrobes and bathroom/WC.
Other benefits include: security entry phone and emergency pull cord system. Other facilities are: House manager, communal lounge with kitchen, laundry room and guest suite. CHAIN FREE.
Externally there are communal gardens which also feature a roof garden. Non allocated parking Entrance Hall - Carpeted throughout. Wall mounted storage heater.
Door providing acesss for storage cupboard housing water cylinder. Further double storage cupboard. Living Room - 18'8" x 13'9" - Carpeted throughout. Wall mounted storage heater.
Three double glazed window. Kitchen - 8'10" x 7'10" - A fitted kitchen briefly comprising; roll edge work surfaces. A range of matching wall and base units. Part tiled walls.
Inset stainless steel sink with drainer. Built in oven with electric four ring hob. Space for further appliances. Spotlights. Bedroom - 15'5" x 10'6" - Carpeted throughout.
Wall mounted electric heater. Two double glazed windows. Sliding doors providing access to large built in wardrobe. Pull down cord.
Bathroom - Well presented shower room breifly comprising; low level Wc with matching wash hand basin. A toner shower unit with glass sliding doors. Spotlights. Wall mounted heated towel rail.
Extractor fan. Pull down cord.
Communal Facilities & Features - This development has an on site house manager, communal lounge with kitchen, laundry room, visitors guest suite, residents parking and communal gardens.
Required Information - Length of lease: 85 years remaining Annual service charge: £2,941.53 Annual ground rent: £220 Council tax band: B Draft version: 1 Note: These details have been provided by the vendor.
Any potential purchaser should instruct their conveyancer to confirm the accuracy.
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
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FAQ
About Western Place, Worthing
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