1-bedroom flat · BN12 4PW
For saleListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented one-bedroom retirement apartment situated on the first floor of Homesearle House, a popular and well-established retirement development located on Goring Road in Worthing.
The property offers comfortable and well-proportioned accommodation, ideally suited to those seeking a secure and conveniently located retirement home.
The apartment comprises a welcoming entrance hall with useful storage, a spacious sitting/dining room providing a pleasant living space, and a fitted kitchen with a range of wall and base units.
The generous double bedroom provides ample space for bedroom furniture and benefits from a built-in wardrobe, while the wet room is fitted with a modern suite and offers easy access and practicality.
Homesearle House is a popular retirement development offering a welcoming community environment and a range of communal facilities.
Residents benefit from a communal laundry and residents' lounge, which opens directly onto a southerly facing patio with raised planters, providing an attractive space to relax and enjoy the outdoors.
The development also benefits from well-maintained communal gardens.
The property is ideally positioned on Goring Road, with a number of cafes, restaurants, takeaways and a Sainsbury's Local all within easy reach, together with a good selection of other local shops and amenities.
Regular bus services provide convenient access to the surrounding areas, while Worthing's attractive seafront and promenade are also within easy reach, providing an excellent opportunity to enjoy the area's renowned coastal lifestyle.
The apartment is offered for sale with no ongoing chain.
Additional Information Worthing & Adur Borough Council - Band B Lease 99 years from 1 September 1985,58 years remaining Service charge - £1272.05 per half year Ground rent - £227.22 per half year
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat Flat 39, Homesearle House, Goring Road, Worthing
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