1-bedroom flat · BN11 4TD
Listing removedListed 42 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No deposit required | to be redecorated | new flooring throughout Simply Lettings are pleased to offer this first floor, one bedroom flat situated within easy reach of Worthing Station.
The property is currently undergoing redecoration and will benefit from new flooring throughout, along with a bright and spacious south-facing living room, a modern separate kitchen fitted with a washing machine and fridge, a double bedroom with high ceilings, and a modern part-tiled bathroom suite with a shower over the bath.
UPVC double glazed windows are fitted throughout. Ideally located close to Worthing Station and within easy reach of a wide range of local amenities. Available 09/10/2026.
Please note: The photos in this advert are ai-generated and show an indication of how the property will look once refurbishment works have been completed.
The landlord requires all prospective tenants to provide a UK-based homeowner as a guarantor.
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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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
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FAQ
About 37-41 New Broadway, Worthing
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