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North Street, Worthing BN11

South East

£650,000
Listed on 17/04/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
2383 sqft

Description

This distinctive freehold showroom presents a rare investment opportunity in the bustling heart of Worthing. Situated on a busy thoroughfare, adjacent to a well-frequented Lidl, the property benefits from significant visibility and foot traffic, making it suitable for various business ventures. Previously housing a reputable stonemasonry company for decades, it holds potential for continued operation in this trade or the establishment of new enterprises, leveraging its established reputation. The ground floor features an expansive window-fronted showroom ideal for showcasing products, accompanied by ample office and workspace at the rear that can adapt to diverse commercial needs. Above, two self-contained residential flats offer immediate rental income or could be occupied by an owner-occupier. There is notable potential to redesign the current layout to introduce a third flat, pending necessary approvals. Furthermore, the property has an option for vertical expansion into the roof space to create additional living areas, subject to planning consent—enhancing both residential capacity and overall asset value. This property's versatility and prime location represent a compelling opportunity for renovation and development in Worthing's competitive market.

Investment Analysis

(BN11 area)

Below Market Value

This property is priced -25.4% below area average per sq ft

-25.4%
Potential saving
This Property
£273/sq ft
Area Average
£366/sq ft
Avg Rent (weekly)
£266
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £150,000
Target Value
£958,347
10% above area average per sq ft
Potential ROI
+19.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BN11)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +1.3%
5 year growth: +4.0%
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

North Street, Worthing BN11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,302
Based on a loan of £487,500 over 30 years at 3.91% 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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