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St. Elmo Road, Worthing BN14 - Image 1
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St. Elmo Road, Worthing BN14

South East

£300,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom end-of-terrace house presents a unique opportunity for renovation and investment in a desirable catchment area. Boasting a solid structure and classic layout, the property includes a reception hall, a spacious lounge, a dining room, and a kitchen that opens to the rear garden. The combination of these spaces offers considerable potential for modern living arrangements. Upon entering, you will find a welcoming reception area with access to an understairs storage cupboard that optimizes space. The lounge features a charming double-glazed bay window that captures west-facing light, while the dining room boasts east-facing windows and traditional fireplace details, adding character that could be enhanced through thoughtful renovations. The kitchen requires extensive updates but holds promise with its configuration; it currently includes basic amenities and opens directly to the back garden. This outdoor space has been left largely untended, providing an opportunity for landscape design or even expansion of the living area through bi-fold doors or other enhancements. Upstairs comprises three bedrooms, each with its own character: the first and second bedrooms feature built-in wardrobes and maintain original features like picture rails. The third bedroom is more compact yet still offers versatility as an office or guest room. The bathroom is in need of complete renovation due to existing water damage, which necessitates prompt attention before any further improvements can be made throughout the home. This property’s current condition restricts financing options; thus, it is being offered exclusively to cash buyers. Located within proximity to local amenities and transport links, this property stands as an excellent candidate for those looking to invest in a project that can be transformed into a charming family home or rental opportunity. With careful renovation efforts focused on both aesthetic appeal and structural integrity, there’s significant potential for increasing value in this well-situated residence.

Investment Analysis

(BN14 area)
Area Average
£412/sq ft
Avg Rent (weekly)
£290
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£30,000 - £75,000
10-25% of property value
Monthly Sales
16
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (BN14)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -0.6%
5 year growth: 21.1%
Investment Disclaimer: Analysis based on BN14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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. Elmo Road, Worthing BN14
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