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See how verdicts work2-bedroom flat · BN13 1FE
Sold STCListed 277 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this well presented Purpose Built Apartment which is situated in a fantastic position being close to lots of amenities, mainline railway station serving London, Brighton, Southampton and Portsmouth with the sea being only just over a mile away.
It has an open plan living/kitchen which has fitted appliances and a Juliette balcony. There are two double bedrooms with the master having an en-suite shower room/w.c and a further bathroom/w.c.
Other benefits include a long lease, gas heating, double glazing, allocated parking space, video entryphone system and lots of storage.
Internal viewing is essential to fully appreciate the location and the quality of the Apartment Communal Entrance - Security videophone system with stairs to the second floor and to the apartment Entrance Hall - Radiator, hardwood effect flooring, wall mounted video entry hand set, two walk in storage cupboards for cloaks, electric meter box, hot water tank and both have ample storage and smooth ceiling Open Plan Living, Dining & Kitchen - 6.31 x 3.04>4.62 (20'8" x 9'11">15'1") - L-shaped room which provides open plan living space.
In the kitchen area there is a single bowl, single drainer sink unit with soft water system, range of units and drawers under and over work top surfaces, built in oven, hob and extractor, washing machine/ tumble dryer, dishwasher and fridge/freezer, part tiled walls, smooth ceiling, hardwood effect flooring, storage cupboard housing gas fired boiler and storage, Juliette balcony with double glazed doors, two radiators, Bedroom One - 5.34 x 2.64 (17'6" x 8'7") - Measurement increases by door, radiator, double glazed window, hardwood wood effect flooring, smooth ceiling, door to En-Suite/W.C - Step in shower cubicle with wall mounted shower, tiled surround, low level w.c, wash hand basin, heated towel rail, hardwood effect flooring, smooth ceiling Bedroom Two - 3.73 x 3.47 (12'2" x 11'4") - Maximum measurements, double glazed window, smooth ceiling, radiator Bathroom/W.C - Panelled bath with mixer tap and shower attachment, low level w.c, wash hand basin, part tiled walls, smooth ceiling and radiator.
Outside - Allocated Resident Parking Space - allocated resident parking space numbered 260 Lease & Service Charge Details - Lease - 155 years from 1st January 2014 - Remaining years 143 Ground Rent - £374.16 per annum Ground Rent Review - TBC Service Charge - Approx £992 per annum paid half yearly Service Charge Review - Every 12 months The information provided about this property does not constitute or form any part of an offer or contract, nor may it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures and fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
References to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose
Value & comps
No previous sales on record.
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 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.
Area
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FAQ
About Cambrian Way, Worthing
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