2-bedroom flat · BN11 5LP
Sold STCListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charters are delighted to offer for sale this chain free, ground floor, two bedroom, two bathroom flat situated in a sought-after, Roffey Homes built development in this popular residential area of West Worthing.
A communal front door and security entryphone system takes you in to the communal hallway which in turn leads to the private front door of the apartment.
Here you will find a spacious entrance hall with an airing cupboard, further storage cupboard and entryphone.
To the rear you will find a good size West facing lounge/dining room with two radiators and sliding double glazed patio doors that lead out to a West facing paved patio area for seating etc which then leads onto a good size area of lawn.
The kitchen/breakfast room which is also to the rear and West facing has a good range of worktops with cupboards and drawers below, a range of eye level wall cupboards, built in double oven and gas hob and space and plumbing for a washing machine.
There are two good size bedrooms to the front overlooking the communal gardens with the main bedroom having an en-suite shower room and wc with fully tiled walls, low level wc suite and pedestal wash hand basin.
The second bathroom suite which is accessed from the hall has a panelled bath with a mira shower unit over, low level wc suite, pedestal wash hand basin, radiator and an extractor fan.
Outside are communal gardens which are West facing and can be accessed either from the lounge patio doors or from the rear of the block. There is also a garage in a compound.
Leasehold Unexpired Years: extended lease on completion (90 years being added to the current lease which has 88 years remaining) Annual Ground Rent: Peppercorn Ground Rent Increase: N/A Ground Rent Review Period: TBC Annual maintenance: £ £1069.90 every 6 months & reserve fund f £343.75 every 6 months.
These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
ADDITIONAL INFORMATION Materials used in construction: ASK AGENT For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances. Westmead Gardens is a highly regarded residential development situated just off West Avenue in the sought-after West Worthing area.
The property enjoys a prime coastal location, being within easy walking distance of Worthing's seafront and promenade, offering miles of scenic coastline and leisure facilities.
The development is conveniently positioned for local shopping amenities, cafés, restaurants and supermarkets, while Worthing town centre provides a comprehensive range of retail, entertainment and leisure facilities.
The area is well served by public transport, with regular bus routes nearby and West Worthing railway station approximately 1 kilometre away, offering direct services to Brighton, Gatwick Airport and London Victoria.
Excellent road links via the A27 and A24 provide convenient access to the surrounding Sussex countryside and neighbouring towns.
Value & comps
No previous sales on record.
Returns
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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 West Avenue, Worthing, West Sussex, BN11
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