Studio flat · BN11 4RW
Let agreedListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Matthew Anthony are delighted to offer this immaculately presented second floor studio apartment, situated in a sought after location within walking distance from the Worthing seafront.
Accommodation comprises an entrance hall, 17`10" dual aspect studio room, separate kitchen and bathroom/WC. The property is available now.
Security entry phone Communal Entrance Hall Lift and stairs rising to: Second Floor Landing Private front door opening into: Entrance Hall Security entry phone, two storage cupboards, utility cupboard housing fuse board and electricity meter.
Dual Aspect Studio Room - 17'10" (5.44m) x 16'4" (4.98m) West facing double glazing window, two further double glazed windows, TV point, telephone point, electric radiator, electric fire, coved and levelled ceiling.
Kitchen - 10'0" (3.05m) x 5'11" (1.8m) Matching fitted units comprising single bowl sink with mixer and drainer inset into roll top work surface with cupboard under, space for electric cooker, fridge, freezer and washing machine, wall mounted cupboards, tiled splash back, double glazed window, built in cupboard housing hot water cylinder, tile effect flooring, levelled ceiling.
Refitted Bathroom/WC - 10'0" (3.05m) x 5'9" (1.75m) Matching refitted white suite comprising low level push button flush WC, pedestal wash hand basin, P shaped bath with electric shower above and curved shower screen, part tiled walls, obscured glass double glazed window, tile effect flooring, coved and levelled ceiling.
Notice All photographs are provided for guidance only.
In line with HMRC`s Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, all buyers are legally required to complete an online identity verification check.
The cost of this check is £24.50 (inc. VAT) per person. Redress scheme provided by: The Property Ombudsman (T03434) Client Money Protection provided by: Propertymark (C0132241)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About Manor Lea, Boundary Road
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