Studio flat · BN11 1BE
Listing removedListed 762 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Guide Price £130,000 to £135,000** INVESTORS ONLY - TENENT IS SITU Perfectly located in Worthing Town centre with local amenities on the doorstep.
This property offers tenants is situ with an approximate yield of 7%. Worthing is a bustling seaside town with several theatres, cinemas, a pier with amusements and family entertainment at the Lido.
The seafront is located 0.3 miles from the property. For those looking to commute Worthing train station is just 0.5 miles away with direct trains to London, Chichester and Brighton.
The property also has several bus stops close by providing services throughout Worthing, Littlehampton, Arundel, Chichester, Worthing, Lancing, Shoreham and more.
As you enter the property you can immediately see the modern, open-plan kitchen with wall and floor units and integrated appliances providing ample storage and work surface space The sitting area encourages natural light via the large windows, which are accompanied by fitted blinds.
The sleeping space is separated by frosted glass. The bathroom again reinforces the modern pattern throughout with a walk-in shower, basin and toilet.
Other benefits include; great location, electric heating, double glazing and a brilliant investment opportunity.
Council Tax Band A Maintenance Charge: £804pa Estimated rental yield: 7% Mothley rent £900PCM These particulars are believed to be correct and have been verified by or on behalf of the Vendor.
However, any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them.
Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale.
Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.
Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 + VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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 Chapel Road, Worthing, West Sussex
Explore nearby
