We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · BN14 9PQ
Listing removedReduced £5k (−2.7%) on 5 SepListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present this excellent purpose built apartment, ideally located in the highly desirable Offington area.
Immaculately maintained and beautifully presented throughout, the property offers spacious and well proportioned accommodation, making it an ideal first time purchase or investment opportunity.
The accommodation comprises a communal entrance with stairs rising to the first floor.
Inside, the entrance hall leads to a bright and generously sized lounge/dining room overlooking the communal gardens, alongside a stylish kitchen fitted with a range of wall and base units and integrated appliances.
The double bedroom benefits from fitted wardrobes, while the contemporary refitted bathroom features a modern white suite with quality fixtures and finishes.
Additional benefits include gas central heating, double glazing throughout, and tasteful décor, with the property offered in excellent decorative order.
Externally, residents benefit from unallocated parking within the development, as well as the added advantage of a private garage, ideal for additional parking or storage.
Situated on Gorse Avenue, the apartment enjoys a convenient position on a regular bus route, providing easy access to the town centre and surrounding areas.
A variety of local shops and amenities are close by at Selden Parade, Lyons Farm Retail Park, and Broadwater, while the nearby A27 offers excellent transport links for commuters.
Leasehold – approximately 163 years remaining Service Charge – approximately £2,680 per annum Communal Entrance Stairs To First Floor Entrance Hall Spacious Lounge/Diner (5.56m x 3.45m (18'3 x 11'4)) Double Bedroom With Fitted Wardrobe (4.50m x 2.51m (14'9 x 8'3)) Fitted Kitchen (2.64m x 1.85m (8'8 x 6'1)) Modern Fitted Bathroom (2.62m x 1.96m (8'7 x 6'5)) Residents Parking Garage 16
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 16, Eaton Court,, Worthing
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