2-bedroom flat · BN11 4PJ
For saleReduced £10k (−4.2%) on 15 AugListed 200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this well-presented and spacious ground floor two-bedroom apartment, situated in a highly convenient location close to Worthing seafront, the town centre and a wide range of local amenities including shops, schools, parks, restaurants, bus routes and the mainline railway station.
The property also benefits from share of freehold, garage and off-road parking.
The property is accessed via a communal entrance with entry phone system, leading into a welcoming entrance hall featuring attractive parquet wood flooring, radiator, thermostat and a useful storage cupboard.
The spacious lounge/diner is a standout feature, offering ample room for both seating and dining areas, and benefits from a double glazed bay window overlooking the communal gardens, along with a radiator and television point.
The kitchen is fitted with a range of base units, tiled splashbacks, a sink and drainer, and provides space and plumbing for a washing machine, with a double glazed window to the side.
There are two well-proportioned bedrooms.
Bedroom One features a bay window to the front along with an additional side window, while Bedroom Two includes a double glazed window, further side window, radiator and a wall-mounted combination boiler.
The bathroom comprises a panel enclosed bath, low level WC and pedestal wash hand basin, complemented by part tiled walls, heated towel rail, extractor fan and a double glazed frosted window to the rear.
Externally, the property benefits from well-maintained communal gardens, a garage with an up-and-over door and off-road parking to the front.
Tenure Leasehold - Share of Freehold 108 years remaining on lease. Service Charge: £100 per calendar month.
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
FAQ
About Flat 2, 136, Heene Road, Worthing
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