2-bedroom flat · BN11 5EH
For saleReduced £10k (−4.2%) on 7 AugListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning Two-Bedroom Seafront Apartment with Direct Beach Views An excellent opportunity to acquire this spacious two double bedroom purpose-built apartment, enviably positioned on the seafront directly opposite the beach, offering delightful sea views and the convenience of coastal living.
The bright and airy lounge enjoys attractive views across the seafront, creating the perfect space to relax and unwind.
The fitted kitchen is equipped with a built-in oven, hob, and extractor hood, while the apartment also benefits from a well-appointed bathroom.
Further features include off-road parking, a communal rear garden, and the advantage of a recently installed communal boiler providing efficient heating and hot water.
The property is offered with approximately 981 years remaining on the lease and is available with no onward chain, making it an ideal purchase for owner-occupiers, second-home buyers, or investors.
Lease Information Lease 981 years remaining Maintenance - £1000 per quarter (includes all heating and water) Property Ownership Information Tenure Leasehold Council Tax Band B Annual Ground Rent No ground rent Ground Rent Review Period No review period Annual Service Charge £4,000.00 Service Charge Review Period Every 1 year Lease End Date 01/01/3007 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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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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 advisors 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
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FAQ
About Flat 1/Wellesley Court, West Parade, Worthing
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