1-bedroom flat · BN11 1QG
For saleReduced £10k (−7.1%) on 9 OctListed 683 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer to market this well-presented converted first floor flat ideally situated in this town centre location with local shops, schools, parks, restaurants, the beach, bus routes and the mainline station all nearby.
Accommodation comprises an entrance hallway, a bay-fronted living room with feature fireplace, a re-fitted kitchen, a double bedroom and a modern bathroom.
Other benefits include being fully rewired, having a long lease and no forward chain. Entrance Communal entrance hall with private front door leading to; Entrance Hall Intercom, thermostat.
Living Room (14' 7'' into bay x 12' 9'' (4.44m x 3.88m)) Sash bay window to front aspect with radiator below, TV point, telephone point.
Re-Fitted Kitchen (11' 0'' x 11' 0'' (3.35m x 3.35m)) Sash window, range of wood fronted wall and base units, one and half bowl stainless steel sink inset to worktop with mixer tap, four ring electric hob with electric oven and extractor hood above, integrated fridge freezer, washing machine and dishwasher, radiator, tiled splash back.
Bedroom One (10' 0'' x 7' 8'' (3.05m x 2.34m)) Sash window, radiator, airing cupboard, electric heater / boiler, .
Bathroom Frosted window, panel enclosed bath with mixer tap and over bath shower with folding shower screen, low level flush w/c, pedestal wash hand basin, tiled splash back.
Tenure Leasehold with approximately 113 years remaining on the lease. Ground Rent - £60 per year Maintenance - £1,662.50 per year
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
Agent & docs
FAQ
About Flat 2, 83, Portland Road, Worthing
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