2-bedroom flat · BN11 1DA
Sold STCListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer this modern and well presented second floor flat, ideally located in the heart of the town centre, close to the mainline station, bus routes, parks and a wide range of shopping amenities.
Accessed via a communal entrance with a private front door, the property features two bedrooms and a modern bathroom.
The main living space is an open plan kitchen/diner and lounge, providing a bright and spacious area with direct access to a west facing balcony.
Communal Entrance - Stairs up to the second floor to private entrance. Entrance Hall - 3.15 x 1.84 (10'4" x 6'0") - Wood laminated flooring, radiator, and telephone entry system.
Open Plan Kitchen/Diner/Lounge - 8.26 x 3.69 (27'1" x 12'1") - West facing balcony, wood laminate flooring, double glazed french doors onto balcony, TV point, radiator, light matte grey wall and base units with marble worktop, four-ring electric hob, electric oven, dishwasher, fridge/freezer and downlights.
Bedroom One - 3.93 x 3.64 (12'10" x 11'11") - Full length west facing double glazed window, double glazed door onto west facing balcony, carpet, and radiator.
Bedroom Two - 4.02 x 2.45 (13'2" x 8'0") - Full length double glazed window, carpet, and radiator.
Bathroom - Tiled floor, heated towel rail, floating white gloss sink set into vanity unit, WC, double glazed frosted window, cupboard housing combination boiler, and plumbing for washing machine.
Tenure - Leasehold with 118 years remaining. Service Charge: £1924.96 per annum (paid in two instalments over the year and last paid in December 2025). Ground Rent: £175 (paid in December 2025).
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
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FAQ
About Lennox Road, Worthing
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