We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom house · BN11 4GU
Listing removedReduced £20k (−15.4%) on 24 MayListed 462 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer to the market this one bedroom ground floor retirement flat, ideally situated in the sought after Heene district, close to town centre shops, the seafront, local parks, schools, bus routes and being only a 10 minute walk from West Worthing station.
Accommodation offers an entrance hallway, a spacious lounge/dining room with double opening doors opening out onto the well maintained communal gardens, a kitchen, a double bedroom, and a shower room.
Other benefits include non allocated resident parking, and communal facilities including a laundry room, guest suite and residents' lounge.
Communal Entrance Hall - Front door to: Hallway - With coving, airing cupboard with slatted shelves and immersion tank, emergency pull cord system, and door to: Lounge/Diner - 5.67 x 3.53 narrowing to 2.66 (18'7" x 11'6" narro - Double opening, double glazed french doors to the rear communal gardens, Creda electric heater, Adams style fire surround with marble effect insert, telephone point, cupboard housing electric meters, and double opening glazed doors to: Kitchen - 2.75 x 1.75 (9'0" x 5'8") - A range of light wood fronted base units, roll top working surfaces incorporating a stainless steel sink, space for appliances, four ring electric hob with extractor fan over, electric Lamona oven, tiled splashbacks, coving, double glazed window.
Bedroom - 3.50 x 3.24 (11'5" x 10'7") - TV point, electric storage heater, double glazed window with view of rear garden, two double wardrobes with mirror fronted doors, shelving and hanging, and an emergency pull cord.
Shower Room - Large fitted shower cubicle with sliding door, fitted shower, low flush WC, basin set in vanity unit, tiled walls, mirror, shaving light and emergency pull cord.
Tenure - Leasehold with 101 years remaining.
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 Mill Road, Worthing
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