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Alexandra Road, Worthing - Image 1
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Alexandra Road, Worthing

South East

£125,000
Listed on 27/10/2025

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom ground floor flat presents a compelling opportunity for renovation and investment. The layout includes a cozy bedroom, a lounge area, kitchen, and bathroom, all awaiting a fresh vision. Located in close proximity to the seafront and Worthing Town Centre, this property benefits from excellent transport links, making it an attractive spot for potential renters or future buyers. Entering through a communal front door, you'll find yourself in a shared hallway leading directly into the flat. The hallway opens to the lounge, which features a charming bay sash cord window that fills the room with natural light. While the space is currently fitted with an electric heater, it offers ample potential for modernization. The kitchen is compact yet functional, equipped with base and wall units, worktops with an integrated sink and mixer tap, as well as plumbing and space for essential appliances like a washing machine and oven. A frosted window provides privacy while allowing light to filter in. The shower room is straightforward in its design but holds potential for improvement with simple updates to make it more contemporary. It features a shower cubicle, low flush WC, and pedestal basin—all basic but functional. The bedroom is adequately sized and includes another sash cord window along with a wall-mounted heater. With some creative renovations, this space could become both inviting and efficient. Leasehold details indicate that 946 years remain on the lease, providing long-term security for prospective buyers or investors. Given its prime location near popular amenities and public transport options, this flat offers significant investment potential by capitalizing on the thriving rental market or resale opportunities once renovated.

Investment Analysis

(BN11 area)
Area Average
£368/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (BN11)

Area prices are falling by +3.4% over the last 12 months
3 year growth: -0.5%
5 year growth: 11.7%
Investment Disclaimer: Analysis based on BN11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Alexandra Road, Worthing
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£458
Based on a loan of £93,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE