2-bedroom flat · BN13 2JL
Listing removedListed 119 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**NO DEPOSIT OPTION AVAILABLE FOR TENANTS, 40% MORE PROTECTION FOR LANDLORDS ** Two bedroom maisonette with south facing balcony in Salvington, close to local shops and amenities.
Stairs leading to private entrance, first floor, modern fitted kitchen, lounge with double doors leading onto a large south facing balcony.
Upstairs are two double bedrooms and a modern family bathroom. Other benefits include: Gas central heating, double glazing, neutral decoration, ample storage. and residents parking area.
EPC Rating: Council Tax Rating: B Holding Deposit (1 weeks rent): £294.00 Tenancy Deposit (5 weeks rent): £1471.00 Alternative No Deposit Amount Payable (pcm): £60.00 Rent excludes the tenancy deposit and any other permited payments.
Please contact us for further information or visit our website.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Exmoor Drive, Worthing, West Sussex, BN13
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