We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · BN13 2LP
Sold STCListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A chain free two bedroom mid terrace house requiring modernisation and is offered for sale chain free.
The accommodation briefly comprises an entrance lobby with stairs leading to the first floor, a bright south facing lounge, and a kitchen with window overlooking the rear garden and door providing direct garden access.
To the first floor there are two double bedrooms together with a bathroom/WC. Externally, the property benefits from gardens to both the front and rear.
Requiring a degree of modernisation and tlc, this property presents an ideal opportunity for first-time buyers, investors, or those seeking a project.
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 have an offer accepted on a property marketed by us, they will be required to complete an identification check in line with Anti Money Laundering Regulations.
This is a legal requirement and is carried out via a specialist third-party provider. The cost is £60 inc.
VAT per purchaser, payable in advance once an offer is agreed and prior to the sales memorandum being issued. This fee is non-refundable.
The property is situated in this popular location in lower Salvington.
With local shopping facilities to be found at Salvington Road and Thomas A Becket and the added benefit of Tesco superstore nearby, whilst more comprehensive shopping facilities can be found at Worthing town centre with its excellent range of shops, bars and restaurants approximately 2.5 miles distant.
Easy access is offered to the A24 and A27 for London and coastal routes and local bus services pass for the surrounding district.
Worthing is well served with schooling for all ages and enjoys excellent recreational facilities including Worthing leisure centre, the David Lloyd fitness centre, two well regarded golf courses and is also situated just to the South of the South Downs National Park offering excellent scenic walks and cycle rides.
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
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FAQ
About 24, Mendip Road, West Sussex
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