1-bedroom property · BN11 4TH
Listing removedListed 630 days
Opportunity summary
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About
A one bedroom first floor retirement flat located close to Worthing's seafront and Town Centre with access to local shops and public transport nearby.
Briefly the accommodation comprises: Communal entrance with stairs or passenger lift to all floors, entrance hall, 19'5 lounge/diner, fitted kitchen with integrated appliances, double bedroom with recessed double wardrobe and bathroom/wc.
Externally the property benefits from attractive communal gardens and residents/visitors parking. Other benefits include double glazing, electric heating and emergency pull cords.
Communal benefits include: onsite house manager, residents lounge and kitchen, visitors guest suite, buggy storage room, laundry room.
CHAIN FREE Communal Entrance - Secure door leading to carpeted and well maintained hallway with passenger lift or stairs to: First Floor - Private door to: Entrance Hall - Recessed good-size storage cupboard with shelving - housing electrical consumer unit and hot water tank.
Secure telephone entry system. Emergency pull cord. Lounge/Diner - 5.92m x 3.18m (19'5 x 10'5) - Double glazed French doors opening to JULIETTE BALCONY. Two night storage heaters. Emergency pull cord.
Door to: Kitchen - 2.36m x 1.93m (7'9 x 6'4) - Roll edge work surface having inset single drainer stainless steel sink with swan neck mixer tap and draining board. Fitted fan oven.
Four ring electric stove with extractor cooker hood over. Integrated fridge/freezer. Tiled splashback. Plinth heater. Matching range of cupboards, drawers and eye level wall units.
Two double glazed windows. Double Bedroom - 5.51m x 2.79m (18'1 x 9'2) - Two double glazed windows. Night storage heater. Emergency pull cord. Recessed double wardrobe with shelving and hanging rail.
Bathroom/Wc - 2.54m x 1.88m (8'4 x 6'2) - Panelled bath with thermostatic mixer tap and shower attachment. Close coupled wc. Vanity unit with wash hand basin and cupboard below.
Shaving socket and wall light. Fully tiled walls. Extractor fan. Emergency pull cord.
Communal Facilities - -Onsite house manager -Communal gardens -Communal residents lounge with kitchen area -Visitors guest suite, with availability to book -Buggy/bicycle storage room -Laundry room -Water rates included within the service charge Residents Parking - Located to the rear of the block.
Unallocated spaces based on a first come, first serve basis.
Tenure And Lease Information - Length of lease: Approximately 100 years remaining Annual service charge: £4,244.43 per annum Service charge review period: TBC by vendor Annual ground rent: £399 per annum Ground rent review period: TBC by vendor Council tax band: Band B Draft version: 2 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
Agent & docs
FAQ
About Shelley Road, Worthing, BN11
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