1-bedroom flat · BN14 8PP
No longer listedReduced £45 (−4.5%) on 23 AugListed 274 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property number 35072.
Enquire through Zoopla's messaging system and we'll respond within 5 minutes, 24/7 We are pleased to bring to the market this lovely one bedroom apartment / house built in a maisonette style with its own private entrance on the ground floor.
It's very bright and modern, has charming character and with its own driveway, is in a great area being 5 minutes’ walk from Broadwater or Lyons Farm shops.
There is also a main bus route just 2 minutes around the corner, with Worthing Central or East Worthing railway stations not too far a walk.
The property was built in 2004 and is in a nice and quiet area. It is offered unfurnished with a fitted kitchen which includes a built in fridge/freezer, oven and gas hob with extractor.
There's space and plumbing for other appliances. The apartment is double glazed, has gas fired central heating and a WC with shower. There is plenty of free unrestricted road parking too.
Ideally it would suit a single working person or or retired person. No Pets or Smoking *** Please note the photos are from before the current tenancy.
Since then, the lounge has been redecorated and the carpet was replaced from the ground floor to the 1st floor ***
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
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FAQ
About 1A, Northbrook Close, Worthing
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