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See how verdicts work1-bedroom flat · BN14 8PG
Sold STCListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Mortimer House, a delightful ground floor flat located on Penfold Road in the charming area of Broadwater, Worthing, West Sussex.
This property presents an excellent opportunity for first-time buyers seeking a modern and comfortable living space.
The flat features one well-proportioned bedroom, providing a cosy retreat for relaxation. The modern bathroom is designed with contemporary fittings, ensuring both style and functionality.
The open layout of the living area creates a welcoming atmosphere, perfect for entertaining guests or enjoying quiet evenings at home.
As a shared ownership property, this flat offers an affordable entry point into the housing market, making it an ideal choice for those looking to take their first step onto the property ladder.
Additionally, the allocated parking space adds convenience, allowing you to come and go with ease. In summary, this one-bedroom flat at Mortimer House is a fantastic opportunity for first-time buyers.
With its modern features, allocated parking, and prime location, it is sure to attract interest. Do not miss the chance to make this lovely property your new home.
EPC Rating: C Communal Entrance Hallway Security telephone entry system, communal hallways leading to private front door. Entrance Hallway Dimensions: 2.82m x 0.94m (9'3 x 3'1).
Private front door, carpeted flooring, security telephone entry system, fitted storage cupboard with various shelving units also having it's own lighting & smoke detector, skimmed ceiling with coving, smoke detector.
Lounge / Diner Dimensions: 5.77m x 3.10m (18'11 x 10'2).
Carpeted flooring, various power points, television point, wall mounted night storage heater, two PVCU double glazed windows, PVCU double glazed door leading into front garden space, skimmed ceiling with coving, smoke detector, opening into Kitchen.
Bedroom Dimensions: 3.99m x 2.69m (13'1 x 8'10).
Carpeted flooring, wall mounted night storage heater, various power points, television point, fitted double wardrobe with various hanging rails & shelving, PVCU double glazed window, skimmed ceiling & coving.
Fitted Kitchen Dimensions: 2.41m x 1.83m (7'11 x 6).
Vinyl flooring, roll edge laminate work surfaces with cupboards below & matching eye level cupboards, space for free-standing fridge freezer, space & provision for wash machine, space for oven with extractor fan above, tiled splashbacks, various power points, inset stainless steel single drainer sink unit with mixer tap, PVCU double glazed window, wall mounted electric heater, skimmed ceiling with coving, smoke detector.
Modern Fitted Bathroom Dimensions: 2.06m x 1.65m (6'9 x 5'5).
Vinyl flooring, low flush WC, panel enclosed bath with power shower over, pedestal hand wash basin with hot & cold tap, wall mounted vanity unit, shaving point, extractor fan, skimmed ceiling with coving.
Front Garden Mainly laid to shingle, space for two seater table & chairs, dwarf wall & railing enclosed.
Communal Grounds Mainly laid to shingle with various drying areas, also having various mature shrub, tree & plant borders, communal bin storage.
Allocated Parking One allocated parking space comes with the apartment - visitors parking available on a first come first serve basis.
Council Tax Band A Lease Information 50 Shared Ownership Of Property - 100% Ownership Value £200,000 From RICS Surveyor Lease Term - 107 Years Remaining Rent - £388.79 per month includes Maintenance Fee's
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 Penfold Road, Mortimer House, BN14
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