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Tarring Road, Worthing BN11

South East

£280,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1489 sqft

Description

This three-bedroom mid-terrace house presents a compelling opportunity for those looking to invest in a property with renovation potential. While it requires modernization throughout, its solid foundation and spacious layout provide the perfect canvas for creative updates. Upon entering, you are welcomed by an entrance hall that leads into the various living spaces. The lounge features a charming bay window, allowing natural light to fill the room, alongside a traditional fireplace that could be refurbished to enhance the home's character. Adjacent to the lounge is the dining room, which also benefits from ample daylight thanks to its south-facing window. The kitchen, positioned at the rear of the home, offers practical space and functional features including wall and base units, as well as provisions for essential appliances. With some thoughtful redesign, this area can be transformed into a modern culinary hub. The property accommodates three double bedrooms upstairs, each benefiting from good natural light and built-in storage options in two of them. The loft space provides additional flexibility; it is already boarded and equipped with a window, making it suitable for conversion into further living space or storage. A notable feature of this home is its southerly aspect rear garden. It presents an appealing outdoor area that could be enhanced through landscaping or even an extension (subject to local planning permissions) to maximize usable space. Located conveniently close to shops, restaurants, bus routes, and mainline stations, this property not only offers comfort but also captures the essence of urban convenience. With no forward chain involved and significant investment possibilities due to its need for modernization, this house is ideal for buyers seeking a project that can yield rewarding results in both lifestyle and value enhancement over time.

Investment Analysis

(BN11 area)

Below Market Value

This property is priced -49.5% below area average per sq ft

-49.5%
Potential saving
This Property
£188/sq ft
Area Average
£373/sq ft
Avg Rent (weekly)
£281
Avg Yield
4.7%

Renovation Potential

Est. Renovation Cost
£28,000 - £70,000
10-25% of property value
Target Value
£610,363
10% above area average per sq ft
Potential ROI
+74.4%
After renovation
Monthly Sales
36
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (BN11)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 1.5%
5 year growth: 15.1%
Investment Disclaimer: Analysis based on BN11 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

Tarring Road, Worthing BN11
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