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See how verdicts work1-bedroom flat · BN11 4AQ
For saleReduced £10k (−5%) on 22 OctListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Jacobs Steel are delighted to offer for sale this well presented ground floor apartment, situated in this highly sought after road in Worthing close to local shops, amenities and mainline train station.
The property boasts a large open plan kitchen/diner, double bedroom, contemporary bathroom suite, well maintained communal grounds, unallocated off road parking and sold with no ongoing chain.
Internal The covered front entrance leads into a well-maintained communal hall, with access to the apartment’s private entrance on the ground floor.
This opens directly into the spacious open-plan kitchen/living area, measuring a generous 13'10" x 15'5".
The kitchen has been fitted with a range of white gloss, handleless wall and floor-mounted units. Situated to the rear of the apartment, the double bedroom enjoys westerly views.
Completing the accommodation is a contemporary bathroom featuring a three-piece suite, comprising a walk-in shower, WC and wash hand basin.
The apartment also benefits from a rtm (right to manage) within the building and recently replaced double glazed windows.
External There are well maintained communal grounds surrounding the development with communal gardens located to the rear.
Within this space is a large private shed that can be used for storage of garden furniture. There is unallocated residents off road parking to the side of the development for two cars.
Situated On the outskirts of the ever-popular Poets District, this property enjoys a highly desirable position just 500 metres from Worthing’s award-winning promenade and bustling town centre.
With a wide range of amenities on your doorstep, including high street shops, independent boutiques, restaurants, cafés, and theatres, you’ll be perfectly placed to enjoy the very best of coastal and town living.
For those seeking green space, both Victoria Park and Amelia Park are just a short stroll away, offering attractive open spaces for relaxation, recreation, or a leisurely walk.
Commuters will also appreciate the convenience of Worthing’s mainline railway station, situated 800 metres from the property, providing direct links to Brighton, London, and beyond.
This prime location combines lifestyle, convenience, and connectivity in one of Worthing’s most sought-after neighbourhoods.
Tenure Leasehold Lease Length 149 Years Remaining Maintenance tbc Ground Rent £0 Council Tax Band A
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 65 Richmond Road,Flat 1, Richmond Road, Worthing
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