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See how verdicts work8-bedroom flat · BN11 3NX
For saleListed 892 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment Consideration: Gross Initial Yield: 5.17% Rental Income: £54,300 p.a.
VAT is NOT applicable to this property Comprises residential block of 7 Flats (1 sold-off) Total GIA of 6 Flats: 305 sq m (3,281 sq ft) Situated within short walk from the seafront and local amenities including supermarket, cafes, restaurants, barber and many more Worthing Train Station is 0.8 miles away, providing direct and regular services to London Victoria, Brighton, Portsmouth and Southsea.
Property Description: Comprises residential block of 7 Flats (1 being sold-off). The flats include 3 x 1-Bed, 2 x 2-Bed and 1 x Studio).
Two of the flats benefits from private gardens at rear and the property provides the following accommodation and dimensions: Ground Floor: Flat 2 - 40 sq m (430 sq ft) 1 Bedroom, kitchen, living/dining room, bathroom Flat 3 - 53 sq m (570 sq ft) 1 Bedroom, kitchen, living/dining room, bathroom, private garden Flat 4 - 31 sq m (334 sq ft) Studio, separate kitchen, bathroom, private garden First Floor: Flat 1 - 60 sq m (645 sq ft) 2 Bedrooms, kitchen, living room, bathroom Flat 5 - 53 sq m (570 sq ft) 1 Bedroom, kitchen, living room, bathroom First/Second Floor: Flat 6 - 68 sq m (732 sq ft) 2 Bedrooms, kitchen, living room, bathroom Flat 7 - sold off Location: Worthing is a seaside town and borough in West Sussex, 11 miles west of Brighton and 18 miles east of Chichester.
The property is situated in the town centre, within short walk from the seafront and local amenities including supermarket, cafes, restaurants, barber and many more.
Worthing Train Station is 0.8 miles away, providing direct and regular services to London Victoria, Brighton, Portsmouth and Southsea.
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

FAQ
About The Paragon, Brunswick Road, Worthing, West Sussex, BN11
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