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See how verdicts work3-bedroom flat · BN11 5EE
For saleReduced £50k (−5%) on 13 OctListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this exceptional three-bedroom penthouse residence, occupying the entire top floor of this highly regarded seafront development and enjoying breathtaking 360° panoramic views.
A spectacular wrap-around terrace takes in far-reaching coastal views east towards Worthing Pier, Beachy Head and Birling Gap, while to the west are wonderful sunsets over Highdown Hill and the Isle of Wight.
Salvington Windmill can also be seen to the north, further enhancing the remarkable outlook from this truly rare home in an outstanding seafront position.
Available for the first time in many years, the property offers an impressive amount of space and a wonderfully versatile layout, equally suited to those seeking a substantial permanent home, a convenient downsizing option, a lock-up-and-leave residence or an exceptional seaside retreat.
At the heart of the accommodation is a superb open-plan living and dining area, providing plenty of space for both relaxing and entertaining.
This is complemented by a modern kitchen and two conservatory additions, currently arranged as a gym area and a useful breakfast/utility space, adding further flexibility to the living accommodation.
There are three generous double bedrooms, with the principal bedroom benefiting from its own en-suite bathroom and dressing area. A separate family bathroom serves the remaining bedrooms.
Undoubtedly one of the most impressive features is the remarkable wrap-around balcony, which takes full advantage of the property's elevated position and provides an incredible 360° outlook.
The eastern aspect offers far-reaching views across the sea, taking in Worthing Pier and extending beyond towards the dramatic coastline of Beachy Head and Birling Gap.
To the north, Salvington Windmill is clearly visible, while the western terrace enjoys an equally captivating outlook towards Highdown Hill and its Bronze Age hillfort, a historic site associated with the celebration of the summer solstice.
The western terrace also provides a wonderful vantage point for watching the changing position of the setting sun.
During the summer months, the sun sets behind Highdown Hill, whilst in winter it sets behind the Isle of Wight, with both views clearly visible from the terrace.
This exceptional outside space provides a wonderful setting for entertaining, relaxing or simply enjoying the ever-changing coastal scenery throughout the year.
Whilst the property would benefit from some updating, it presents an exciting opportunity for the incoming owner to create a truly outstanding home to their own taste.
Its combination of substantial accommodation, extensive outside space and exceptional views makes it a particularly exciting proposition.
Further benefits include residents' and guest parking to both the front and rear of the property, with a garage at the rear available by separate negotiation.
The location is equally appealing, with the beach and promenade immediately accessible and a wide range of shops, restaurants, parks and local amenities within easy reach.
Excellent bus services operate nearby, while the mainline railway station provides convenient connections towards Brighton and London.
Penthouse properties of this size and calibre, occupying an entire top floor and enjoying such spectacular panoramic views, rarely become available, and an early viewing is highly recommended.
This is a truly exceptional opportunity to acquire a substantial coastal home with remarkable panoramic views and an outstanding wrap-around terrace.
Tenure Leasehold - Share of Freehold - with 934 years remaining. Service Charge: £490.13 per calendar month.
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.
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FAQ
About Flat 24, Marine Point, West Parade, Worthing
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