Studio flat · BN11 1TU
To rentListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Open House Estate Agents Worthing are delighted to present this fabulous ground floor studio apartment set in the heart of Worthing town centr Located superbly for shops, local amenities, restaurants and bars as well as a short walk to the Mainline train station and the seafront.
The property comprises in brief a good sized studio apartment with private entrance, built in space saving double bed frame, separate fully fitted kitchen and separate bathroom with walk in shower.
Double Glazed. No deposit option available! Includes water bills! Due to be repainted throughout prior to tenancy start. £23,500 p/a income required for referencing purposes.
Studio Room (3.58m (11'9") x 4.17m (13'8")) Good size studio room, carpeted, 2 large Upvc double glazed windows give fantastic natural light, Private entrance, separate area for drop down double bed frame, Electric heating, power points, phone and TV points, spotlighting.
Kitchen Inset sink unit and surround, white country wall mounted over and under units, plenty of work top space, part frosted Upvc double glazed windows, inset hob and electric oven, fridge, tiled flooring and decorative splash-back.
Showerroom Great sized showerroom, vinyl flooring, frosted double glazed window, low level W/C, hand basin, walk in power shower.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 3, 14, Shelley Road, Worthing
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