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Wallace Avenue, Worthing

South East

£425,000
Listed on 14/05/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
797 sqft

Description

This two-bedroom period cottage, nestled at the end of a charming terrace of four homes on Wallace Avenue, represents a unique investment opportunity with considerable renovation potential. The property boasts a larger plot than its neighbors, allowing for possible expansion such as a rear extension (subject to planning permission). Dating back to 1890, this well-maintained home features an appealing blend of historic character and modern updates, with only the second owner in its long history reflecting its enduring charm. The inviting interior comprises a bright living room and an expansive kitchen/dining area, perfect for both daily living and entertaining. Original features like distinctive fireplaces enhance the property's character, complemented by recently installed double-glazed sliding sash windows that provide energy efficiency while preserving the aesthetic appeal. The exterior is equally noteworthy with generous outdoor space and rare private side access. A convenient access road at the rear adds practicality to the garden. Located within close proximity to local amenities and transport links boosts the property's attractiveness for those looking to invest or renovate. Cottages with such historical significance and plot size are rarely found; thus, this presents an exceptional opportunity for buyers seeking a distinctive home with room for personal touches.

Investment Analysis

(BN11 area)

Above Market Value

This property is priced +44.8% above area average per sq ft

+44.8%
This Property
£533/sq ft
Area Average
£368/sq ft
Avg Rent (weekly)
£274
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£322,889
10% above area average per sq ft
Potential ROI
-30.6%
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

Wallace Avenue, Worthing
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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
£1,516
Based on a loan of £318,750 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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