2-bedroom property · BN11 3SD
Sold STCListed 294 days
Opportunity summary
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About
We are delighted to offer this beautifully presented two-bedroom, second-floor apartment, boasting a westerly-aspect balcony with sea views, situated within this highly regarded over-60s retirement development on Heene Road.
The property enjoys a prime position close to the seafront and Worthing town centre and benefits from lift access, secure entry, one allocated parking space, and exceptionally well-proportioned accommodation throughout.
Property Description - The apartment is accessed via a well-maintained communal entrance with secure phone entry system, stairs and lift access to all floors.
The development offers exceptionally well-appointed communal areas including an impressive main entrance foyer, a club lounge, a guest suite, a mobility store, refuse facilities, and a house manager’s office, providing both convenience and a welcoming environment.
Upon entering the apartment, a welcoming entrance hall provides access to a meter cupboard, an electric heater, and a particularly large airing/utility cupboard housing the boiler and immersion heater, with plumbing for a washing machine and internal lighting.
The lounge/diner is a bright and inviting living space, featuring an electric radiator and an attractive electric fireplace.
Two floor-to-ceiling double glazed windows face south, allowing for excellent natural light and offering sea views.
A double glazed door opens onto the enclosed balcony, which enjoys both south and west aspects and provides ample space for seating, ideal for relaxing and enjoying the coastal outlook.
TV and telephone points are also provided. The separate kitchen is accessed from the living area and benefits from a side-facing double glazed window with sea glimpses.
The kitchen is fitted with a comprehensive range of wall and base units and includes a sink/drainer, tiled flooring, and a selection of integrated appliances comprising a dishwasher, fridge, freezer, electric oven, Neff microwave, and electric hob with cooker hood over.
The principal bedroom is a generous double room featuring a walk-in wardrobe with fitted hanging space, drawers, and automatic lighting.
A floor-to-ceiling double glazed window enjoys a westerly aspect with sea glimpses, alongside an electric heater and TV point.
The en suite shower room is finished to a high standard, comprising a walk-in shower, wash hand basin set within a vanity unit, dual-button WC, shaver point, heated towel rail, extractor fan, part-tiled walls, and tiled flooring.
Bedroom two is also a comfortable double, benefitting from a floor-to-ceiling double glazed window with a westerly aspect, electric radiator, and TV point.
A further shower room serves this bedroom and guests, again offering a walk-in shower, wash hand basin set within a vanity unit, dual-button WC, shaver point, heated towel rail, extractor fan, part-tiled walls, and tiled flooring.
Tenure - Leasehold with 993 years remaining. Service Charge: £4929 per annum.
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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