Studio flat · BN11 5QD
To rentListed 32 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description Rarely available ground floor studio flat!
We are delighted to be marketing this ground floor secluded studio flat located in the sought after location of West Worthing, with the added benefit of its own private entrance.
The accommodation comprises private front door leading into the entrance hall with door to the spacious studio room. The bathroom comprises of a fully tiled wet room, wash hand basin and WC.
The Studio room has a door leading into the kitchen and a double glazed window looking out onto Wallace Avenue. The kitchen comprises of storage cupboards and sink, drainer.
There is also ample parking to the rear of the building. Situated in the sought after area of West Worthing the property is less than 800 metres from West Worthing seafront.
Bus routes run along Wallace Avenue and West Worthing high street with its coffee shops, convenience stores, pharmacy and banks is at the top of the road.
Worthing town centre with its comprehensive shopping amenities, restaurants, pubs, cinemas, theatres and leisure facilities is just under 1.5 miles away and the nearest station is West Worthing, which is just under a mile away.
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 57c, Wallace Avenue, Worthing
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