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Lennox Road, Worthing, West Sussex, BN11 - Image 1
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Lennox Road, Worthing, West Sussex, BN11

South East

£100,000
Listed on 12/05/2026

Property Details

Bedrooms
1
Type
Flat
Area
647 sqft

Description

This generously-sized ground floor flat located in central Worthing represents a valuable opportunity for those interested in renovation or investment. Although the property is currently in need of modernization, its spacious layout and prime location make it ideal for transformation into a contemporary living space or rental asset. The flat's proximity to the town centre, seafront, and essential transport links further enhances its appeal as an investment opportunity. Additionally, front gardens provide outdoor space that could be enhanced with landscaping improvements. Prospective buyers should note that due to a short lease of approximately 57 years remaining, this property is suitable only for cash offers. This flat is positioned within a vibrant residential area that boasts convenient access to local amenities and leisure options, making it an attractive prospect for buyers looking to capitalize on potential value increases through refurbishment.

Investment Analysis

(BN11 area)

Below Market Value

This property is priced -58.0% below area average per sq ft

-58.0%
Potential saving
This Property
£155/sq ft
Area Average
£368/sq ft
Avg Rent (weekly)
£274
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£262,119
10% above area average per sq ft
Potential ROI
+101.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BN11)

Area prices are falling by -2.5% over the last 12 months
3 year growth: +1.8%
5 year growth: -0.3%
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

Lennox Road, Worthing, West Sussex, BN11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£357
Based on a loan of £75,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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