1-bedroom flat · BN14 8AJ
Let agreedListed 71 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom retirement flat situated on the first floor of Homesteyne House.
Offering a comfortable living space with an easterly aspect, the apartment enjoys pleasant views over the maintained and landscaped gardens, as well as the road beyond.
The accommodation comprises a spacious bedroom complete with a built-in wardrobe, a welcoming lounge featuring an archway that leads into the kitchen.
The kitchen benefits from a window and is fitted with units with spaces for freestanding appliances. The bathroom is equipped with a shower enclosure, ensuring convenience and comfort.
Homesteyne House is ideally located opposite an arcade of shops with beautiful, secluded gardens to enjoy.
Worthing combines all the attractions of a seaside resort with the tranquillity of the South Downs.
Worthing Pavilion and the Connought Theatre provide a variety of entertainment and there is also a largely pedestrianised shopping centre, all on level ground.
Worthing has all the facilities of a large town, with its wide selection of shops, Leisure Centre and sporting facilities.
Frequent trains link Worthing to London and provide access to other south coast towns like Brighton.
*Please note, furniture/electrical appliances maybe removed prior to a tenancy commencing and will not form part of the tenancy.
*Service charge and ground rent is paid by the landlord (in most cases the service charge includes water rates).
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 20, Homesteyne House, Broadwater Road, Worthing
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