1-bedroom flat · BN11 1RD
For saleListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor converted flat with a lounge, kitchen, bedroom and bathroom/wc. An extended lease is provided upon completion and the flat is currently let.
A communal entrance hall with stairs rising to the first floor leads to the property. A private entrance door opens into the split-level landing, providing access to the accommodation.
The lounge is positioned at the front of the property and enjoys a pleasant outlook over Salisbury Road. There is a well-proportioned bedroom, while towards the rear is a fitted kitchen and bathroom.
The flat is currently let, offering an appealing investment opportunity, but is also available with vacant possession if preferred, making it equally suitable as a home.
This flexibility allows the property to be purchased either as a ready-made investment or for personal occupation.
An extended lease will be provided upon completion, offering further peace of mind for the new owner.
Additional information Materials used in construction: Ask agent For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser have an offer accepted on a property marketed by us, they will be required to complete an identification check in line with Anti Money Laundering Regulations.
This is a legal requirement and is carried out via a specialist third-party provider. The cost is £60 inc.
VAT per purchaser, payable in advance once an offer is agreed and prior to the sales memorandum being issued. This fee is non-refundable.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
Leasehold Unexpired Years: 61 Annual Ground Rent: £100 Ground Rent Increase: Tbc Ground Rent Review Period: Tbc Annual Service: £2136 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
Salisbury Road occupies a prime position in the heart of Worthing and is within yards of a comprehensive range of department stores, eateries, coffee shops, building societies and banks as well as independent boutiques and gift shops.
The seafront and promenade is also within easy walking distance where you will be able to enjoy a piece of Worthing’s history by walking along the pier or visiting the iconic Dome cinema whilst the recently redeveloped Splashpoint leisure complex offering a gym, swimming pool and fitness classes is also available.
If you are looking to head out of Worthing a train will take you from Worthing station to London Victoria in less than an hour and a half whilst Brighton is approximately 30 minutes away.
The 700 coastline bus services pass nearby and offers a range of destinations throughout the South coast.
By car the A27 and A24 are both easily accessible offering access to all surrounding areas and beyond.
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
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
.png)
FAQ
About Flat 4 Lancing House, 36, Salisbury Road, West Sussex
Explore nearby