Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · BN14 7DT
For saleListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
King & Chasemore are delighted to offer for sale this exceptional two-bedroom first floor apartment, perfectly situated within the highly sought-after Broadwater area of Worthing.
Ideally located within walking distance of Worthing mainline railway station, the town centre, and seafront, this superb home would make an ideal purchase for first-time buyers, downsizers, and investors alike.
Beautifully presented and recently redecorated throughout, creating a fresh and stylish finish ready for immediate occupation.
The accommodation comprises a spacious and light-filled living room, a contemporary fitted kitchen, two well-proportioned bedrooms, and a modern bathroom.
Further benefits include a share of freehold and the advantage of being offered for sale with no ongoing chain.
A well-maintained communal entrance leads to the private front door, with stairs rising to the first-floor landing, providing access to all rooms along with useful built-in storage.
The principal bedroom is a generous double room with built-in storage, offering a comfortable and peaceful retreat.
The second bedroom is a versatile space featuring an attractive fireplace and is perfectly suited as a guest bedroom, nursery, dressing room, or home office.
The modern bathroom is fitted with a panelled bath with shower over, wash hand basin, heated towel rail, and WC.
Situated in the heart of Broadwater, the property enjoys easy access to an excellent range of local shops, cafés, restaurants, and everyday amenities, whilst Worthing's vibrant town centre, seafront, and mainline railway station are all within easy reach, providing convenient transport links to Brighton, London, and surrounding areas.
This is a fantastic opportunity to acquire a well-presented apartment in one of Worthing's most desirable residential locations.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 3.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 advisers 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 Top Floor Flat, 56, Northcourt Road, West Sussex
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