House · BN11 2SH
Sold STCListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor studio flat having private entrance and just a short walk from the sea front in East Worthing.
Briefly the accommodation comprises: private entrance, studio room, separate kitchen and recently refurbished bathroom/wc. Externally there is a well maintained communal garden.
Further benefits include gas central heating and double glazing. Ideal for first time buyers or buy to let investors. Entrance Hall Double glazed UPVC door.
Studio Room Dimensions: 5.05m x 3.68m (16'7 x 12'1). Double glazed window overlooking communal gardens. Radiator. Cupboard housing electrical consumer unit.
Kitchen Dimensions: 2.24m x 1.52m (7'4 x 5'). Roll edge work surface having inset single draining stainless steel sink with Swan neck mixer tap and draining board. Four ring gas hob.
Fitted oven. Space and plumbing for washing machine. Space for under counter fridge freezer. Matching range of gloss white units.
Wall mounted ‘ideal’ Combi boiler supplying gas central heating and hot water. Dual aspect with two double glazed windows. Bathroom Dimensions: 1.65m x 1.52m (5'5 x 5').
White suite comprising panelled bath with mixer tap and separate shower hose. Vanity unit with wash hand basin, mixer tap and cupboard below. Close coupled WC. Mirror with LED lighting. Radiator.
Double glazed window. Communal Garden Majority being laid to lawn with borders of mature bushes and communal hanging line. Required Information.
Length of lease: 91 years remaining Annual service charge: £395.16 per annum Service charge review period: TBC by seller Annual ground rent: £10 per annum Ground rent review period: TBC by seller Council tax band: Band A Version: 1 Note: These details have been provided by the vendor.
Any potential purchaser should instruct their conveyancer to confirm the accuracy.
Agent Note Under the estate agents act 1979 section 22 we advise that there is a connection on this property between the vendor and Bacon and Company Estate Agents.
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
FAQ
About Meadow Road, Worthing, BN11
Explore nearby