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St. Matthews Road, Worthing

South East

£450,000
Listed on 14/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1254 sqft

Description

This charming three-bedroom mid-terrace Victorian house, located in the sought-after Victoria Park area of Worthing, offers a wonderful opportunity for renovation and investment. The property boasts spacious accommodation over two floors, featuring original character details that can be enhanced through thoughtful updates. With views of the park and a generous rear garden, there is significant potential to extend into the loft space, pending necessary approvals. Upon entering, you will find a welcoming front lounge adorned with high ceilings and classic features such as original coving and a cast iron fireplace with a log burner, perfect for creating a cozy atmosphere. The second reception room offers versatility as a dining area, home office, or playroom while maintaining its charm with another original fireplace. At the back of the house lies a spacious kitchen diner equipped with ample wall and base units along with modern appliances including a seven-ring gas hob and built-in ovens. This area includes sliding doors leading to the sizeable rear garden where outdoor entertaining can thrive on the patio or decked areas. Upstairs comprises three well-proportioned bedrooms along with a family bathroom and separate WC. The main bedroom features beautiful stripped wooden flooring alongside built-in wardrobes that take advantage of park views. The middle bedroom is generously sized and retains an original fireplace while the rear bedroom benefits from dual aspects. The expansive loft presents an exciting opportunity for development into additional living space or possibly a fourth bedroom. Given its location and existing features, this property stands out as an excellent investment project with considerable potential for enhancement.

Investment Analysis

(BN11 area)

Below Market Value

This property is priced -1.4% below area average per sq ft

-1.4%
Potential saving
This Property
£359/sq ft
Area Average
£364/sq ft
Avg Rent (weekly)
£276
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£502,033
10% above area average per sq ft
Potential ROI
+2.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (BN11)

Area prices are falling by +3.5% over the last 12 months
3 year growth: 0.3%
5 year growth: 10.2%
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

St. Matthews 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
£1,648
Based on a loan of £337,500 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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