Studio flat · BN11 3BX
Listing removedListed 858 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
W Welch have available for sale by private treaty a fantastic freehold investment and development opportunity right in the heart of Worthing Town Centre.
Situated and surrounded by a variety of independent traders and in walking distance to Worthing Seafront and Mainline Train Station this would make an ideal business premises for somebody looking to trade in a similar style or change to suit your business needs in a great location!
It would also make a great investment to somebody who wishes to buy the freehold of the whole building which consists one residential unit above.
The property consists of a commercial unit currently used as a restaurant and forms part of a terrace on the south side of Montague Street and serves hot food and takeaways size is 57sq.m, as well as a one bedroom self contained maisonette accessed via the rear of the property.
Residential unit is currently vacant but would look to achieve a rental figure of approx. £1350pcm Commercial unit is rented at
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 Montague Street, Worthing
Explore nearby
