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See how verdicts workHouse · BN11 3DR
Listing removedListed 277 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this distinctive mid-19th century building, positioned just moments from Worthing seafront, presenting an exceptional opportunity for redevelopment and investment.
Formerly used as a place of worship, the property now requires comprehensive refurbishment and offers a rare blank canvas for buyers seeking to reimagine a characterful coastal building.
Occupying a prominent position on the western side of Bedford Row, the property benefits from close proximity to Marine Parade, placing the beach, promenade and seafront attractions within easy reach.
Worthing town centre, the pier and The Dome Cinema are all nearby, ensuring strong appeal for a wide range of future uses, subject to the necessary planning consents.
Arranged over a single level and extending to approximately 1,430 sq ft, the accommodation includes a large principal hall, additional rooms, former kitchen facilities and WCs.
Externally, parking for two vehicles is available to the front of the building, a valuable feature in such a central coastal location.
This is an exciting prospect for developers and investors looking to unlock the potential of a well-located freehold property in one of Worthing’s most sought-after areas.
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 Gospel Hall, 2, Bedford Row, Worthing
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