1-bedroom flat · BN11 4QU
For saleReduced £10k (−6.5%) on 10 OctListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this purpose-built ground-floor apartment, ideally situated in a favoured West Worthing location, with a balcony overlooking the garden, covered carport and long lease.
Offering well-proportioned accommodation of approximately 446 sq ft, the property would benefit from some modernisation and presents an excellent opportunity for a purchaser to create a home to their own taste.
The property is approached via an entrance hall, which provides access to the principal rooms.
The spacious lounge/diner forms the main reception area and benefits from a door opening onto the balcony, overlooking the garden.
There is a separate kitchen, while the double bedroom features useful built-in storage. A bathroom completes the accommodation.
The apartment is now in need of some modernisation, offering scope for updating and personalisation. Further benefits include a long lease and a covered carport.
The location is particularly convenient, with local shops, parks and schools nearby, while the beach, Worthing town centre and mainline railway station are also within easy reach.
Tenure Lease Term - 935 Years Service Charge - £1590 Per Annum Ground Rent - £15 Per Annum
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.
Area
Agent & docs
FAQ
About Flat 23, Llandaff Court, Downview Road, Worthing
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