2-bedroom flat · BN11 5QB
For saleListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Refurbished second floor two double bedroom apartment offering light, spacious and modern accommodation.
The flat briefly comprises, communal entrance with security entry phone, stairs rising to the second floor, spacious entrance hall, South aspect living room with sun balcony, refitted kitchen, two double bedroom, refitted bathroom and separate Wc.
Benefits include; high heat retention heaters, double glazing & new carpets.
Externally there is a garage, communal gardens surrounding the development and residents unallocated parking to the front.
Located in highly sought after West Worthing, local shopping facilities and bus services are conveniently located on Goring Road.
The seafront promenade and West Worthing railway station can be found within one mile. EPC Rating: D Communal Entrance Hall Secure communal entrance door with phone entry system.
Entrance Hall Dimensions: 4.04 x 3.18 (13'3" x 10'5"). Newly laid carpet. Pendant light. Hhr heater. Cupboard space. Entry phone system. Airing cupboard housing hot water cylinder.
Lounge/Diner Dimensions: 5.16 x 3.71 (16'11" x 12'2"). Spacious South facing living room. Double glazed windows. Pendant light. Electric fire with surround. Hhr heater. New carpet.
Access to balcony via glazed door. Private Balcony South facing private balcony space with space for table and chairs. Kitchen Dimensions: 2.72 x 3.07 (8'11" x 10'0"). Newly fitted kitchen.
Range of matching base and wall mounted cabinets. Electric oven. Electric hob with extractor fan above. Sink incorporating drainer and c-spout mixer tap. Space for undercounter washing machine.
Space for freestanding fridge/freezer. Additional fitted cupboard space. Double glazed window. Dome light. Bedroom One Dimensions: 3.53 x 3.66 (11'6" x 12'0"). Large South facing double bedroom.
Double glazed window overlooking the balcony. New carpet. Pendant light. Hhr heater. Bedroom Two Dimensions: 3.86 x 3.48 (12'7" x 11'5"). Double bedroom. Hhr heater. Pendant light. New carpet.
Double glazed windows. Built-in wardrobes. Bathroom Bath with dual function wall mounted shower above. Part tiled walls. Heated towel with storage below. Dome light.
Obscure glass double glazed window. Separate WC Hard flooring. Dome light. Obscure glass double glazed window. Dual flush toilet. Garage Located in the garage compound to the rear of the property.
Access via up & over door.
Required Information Length of lease: 125 Annual service charge: £1644.16 Annual ground rent: £11 Council tax band: B Draft version:1 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
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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
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FAQ
About Flat 11, Wallace Court Wallace Avenue, Worthing
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