1-bedroom flat · BN11 3NE
For saleReduced £7k (−5.4%) on 12 OctListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire this one-bedroom ground floor flat, ideally situated in the very heart of the town centre and just a short stroll from the seafront and beach.
Perfect for first-time buyers, investors or those looking for a convenient coastal bolthole, the property offers an excellent blend of comfort, practicality and location.
The accommodation comprises a bright and spacious open plan living area with fitted kitchen, creating a sociable space for both relaxing and entertaining.
The double bedroom is well-proportioned and enjoys a pleasant outlook, whilst the shower room is neatly appointed with a contemporary suite.
Externally, residents benefit from access to a communal garden, providing a pleasant outdoor space to enjoy during the warmer months.
The property also comes with the advantage of residents' parking, a real premium for such a central location.
One of the standout features of this apartment is its low ongoing costs, making it an attractive and affordable option for both owner-occupiers and buy-to-let investors alike.
Located within easy walking distance of local shops, cafés, restaurants and transport links, together with the beautiful beach and promenade, this superb apartment offers the very best of coastal town living.
Early viewing is highly recommended to fully appreciate the accommodation and exceptional location on offer.
Lease years remaining 112 Service charge - £1576 pa Reserve fund - £500 pa Ground rent £200pa Open Plan Kitchen/Lounge (34.85m x 3.15m (114'4 x 10'4)) Bedroom (3.10m x 2.72m (10'2 x 8'11)) Shower Room (2.01m x 1.52m (6'7 x 5'0)) Communal Garden Off Road Parking (Shared Parking Space) No Onward Chain
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 advisors 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 Flat 2, Marisa House,, 5, Milton Street, Worthing
Explore nearby