1-bedroom flat · BN11 4AS
For saleListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor studio/one bedroom flat with private garden.
A well-positioned ground floor one bedroom/studio flat offering an excellent opportunity for buyers looking for a property they can update and make their own.
The accommodation comprises a small bedroom area, comfortable lounge, bathroom/WC and a separate kitchen, with a door from the kitchen providing direct access to a private garden.
The property does require updating and modernisation, but offers considerable potential to create a comfortable home or investment property.
A particular benefit is the new 175-year lease, providing excellent long-term security of tenure.
The property is offered with immediate vacant possession, making it ideal for owner-occupiers, first-time buyers or investors looking for a project with scope to add value.
Leasehold Unexpired Years: 175 Annual Ground Rent: £150 Ground Rent Increase: 25 years Ground Rent Review Period: N/A Annual Service: £900 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
Additional information - Gas is not connected to the building Materials used in construction: Ask agent For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances. Shakespeare Road is situated in a popular residential location close to local shopping facilities and restaurants.
The charming Victoria Park located 0.1 miles away and Worthing mainline railway station which is within around half a mile away.
Worthing seafront is located 1 mile distance as is Worthing town centre which offers a comprehensive range of department stores, coffee shops, eateries, cinemas and theatres.
If you are looking to head out of Worthing, a train will take you to London Victoria in less than an hour and a half or to Brighton in around 20 minutes.
The 700 'Coastliner' bus passes nearby and offers destinations throughout the south coast. By car, the A27 and A24 are both easily accessible and offer access to all surrounding areas and beyond.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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 Shakespeare Road, West Sussex
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