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See how verdicts work2-bedroom flat · BN11 3HP
Listing removedListed 447 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom converted ground floor apartment with private West facing rear garden.
Situated in the heart of Worthing town centre with local shops being just at hand and within easy walking distance of Worthing seafront and promenade.
Occupying the whole of the ground floor and being being just one of two apartments forming part of this period property.
The accommodation briefly comprises: entrance hall, lounge, two bedrooms, modern fitted kitchen and refitted modern bathroom/wc.
The property also benefits from gas fired central heating and double glazed windows. Externally there is a walled front garden and a delightful West facing rear garden with pedestrian access.
Front door leading to communal entrance hall. Private front door leading to: Entrance Hall - Understairs storage cupboard. Lounge - 14’8 x 11’7 - Double glazed windows. Radiator. Cornice ceiling.
Kitchen - 10’2 x 9’9 - Part tiled in attractive ceramics. Modern refitted kitchen comprising of work surfaces with inset single drainer stainless steel sink unit with mixer taps.
Range of base units comprising of cupboards and drawers. Fitted oven with four ring gas hob above. Chimney style extractor above. Space and plumbing for washing machine. Space for fridge and freezer.
Matching eye level wall units. Recessed ceiling spotlighting. Double glazed door leading out to garden. Inner hall from kitchen area with radiator.
Bedroom 1 - 10’7 x 10’2 - Double aspect with double glazed windows. Radiator. Bedroom2 - 13’2 max x 9’ - 13‘2 max into alcove. Fitted double wardrobe. Radiator. Double glazed window.
Bathroom/Wc - Fully tiled in attractive ceramics. Modern refitted white suite comprising of panelled bath with chrome shower over with oversize showerhead and handheld shower. Glazed shower screen.
Boxed in close coupled WC with matching vanity unit having wash hand basin and storage cupboards under. Double glazed window. Recessed ceiling spotlighting. Chrome heated towel rail.
Touch control mirror with light. Extractor fan. Outside Front Garden - Walled front garden. West Facing Rear Garden - Private West facing garden. Well secluded with 6 foot fencing to 2 sides.
Full width patio area. Remainder laid to lawn. Outside water tap. Side wooden gate giving pedestrian access.
Required Information - Length of lease: 113 Annual service charge: £1,995 Annual ground rent: £150 Council tax band: A Draft version: Note: These details have been provided by the vendor.
Any potential purchaser should instruct their conveyancer to confirm the accuracy.
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 Eriswell Road, Worthing
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