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See how verdicts work1-bedroom house · BN14 9AN
Sold STCListed 988 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A CHAIN FREE one bedroom first floor flat in the sought after over 60's assisted living block of Penrith Court located in Broadwater.
The property comprises a communal front door that leads to the communal entrance hall with doors to the residents lounge and laundry facilities.
A lift takes you to the first floor where a private front door leads into the entrance hallway with large airing cupboard and second storage cupboard.
The lounge has a double glazed square bay window and electric heater. The kitchen has a range of cupboards and drawers with space for electric oven and fridge.
The bedroom is a double room and benefits from built in wardrobes. The shower room has part tiled walls and comprises of shower cubicle with electric shower, wash hand basin and low level WC.
Outside the block has well maintained communal gardens to the front and rear with seating areas. There is non allocated communal parking.
LOCATION Penrith Court is located just a short distance from the popular Broadwater shops with its excellent variety of local independent shops, as well as having Tesco express and the Co-Op.
Worthing town centre is located approximately 2 miles away with its comprehensive range of amenities and facilities.
Lounge 19' 6" x 10' 6" Kitchen 8' 0" x 6' 11" Bedroom 14' 4" x 8' 10" Shower Room 7' 4" x 5' 3"
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 Penrith Court, Broadwater Street East, Worthing, West Sussex, BN14
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