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See how verdicts workStudio flat · BN13 1QL
Listing removedReduced £10k (−7.1%) on 6 FebListed 452 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £130,000 TO £140,000 Located in a popular residential area of North Worthing, close to local amenities, with easy access to the A259 and A27 plus a train station nearby.
This studio features communal gardens plus a garage, a must see.
The property is close to the local amenities including a convenience store, take aways, hairdressers, pubs and more just 0.1 miles away.
For those looking to commute the A259, A27 and A24 are close by making it easy to travel to Chichester, Brighton and beyond.
For those looking to travel by train Worthing station is 1 mile away with direct trains to London.
The property also has several bus stops close by providing services throughout Worthing, Littlehampton, Arundel, Chichester, Worthing, Lancing, Shoreham and more.
This ground floor property features a private entrance and comprises of a hallway which gives access to all rooms. The main living area features a large window allowing lots of natural light.
The kitchen has been fitted with wall and floor units providing ample storage and work surface space plus integrated appliances.
Lastly the bathroom has been set up as a wet room with a shower, basin and toilet. The property has a communal garden and a detached garage with room for parking in front of the garage.
Additional benefits include double glazing and gas central heating.
Remaining lease: approximately 977 years Service charges approximately: £873.56pa Ground rent approximately: Peppercorn These particulars are believed to be correct and have been verified by or on behalf of the Vendor.
However, any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them.
Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale.
Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.
Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 + VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
FAQ
About Highdown Avenue, Worthing, West Sussex
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