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Chapel Road, Worthing - Image 1
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Chapel Road, Worthing

South East

£285,000
Listed on 16/01/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
893 sqft

Description

This is a notable opportunity to acquire a substantial freehold commercial property spanning approximately 138 square meters across two levels, currently operating as 'Cover Up Interiors'. Positioned prominently at the corner of Chapel Road in Worthing, this location benefits from high foot traffic and visibility, making it an attractive prospect for various business ventures. The property holds significant potential for renovation, offering the possibility of conversion into residential flats, subject to obtaining the necessary planning permissions. This dual-use appeal enhances its investment value, catering to both existing commercial use and future residential development options. Buyers are encouraged to conduct their due diligence regarding the feasibility of such changes prior to bidding.

Investment Analysis

(BN11 area)

Below Market Value

This property is priced -12.7% below area average per sq ft

-12.7%
Potential saving
This Property
£319/sq ft
Area Average
£365/sq ft
Avg Rent (weekly)
£286
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £80,000
Target Value
£358,932
10% above area average per sq ft
Potential ROI
-1.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (BN11)

Area prices are falling by -3.8% over the last 12 months
3 year growth: -0.8%
5 year growth: +5.3%
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

Chapel Road, Worthing
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,028
Based on a loan of £213,750 over 30 years at 4.06% 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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