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Wallace Avenue, Worthing BN11

South East

£425,000

Listed on 20/05/2026

Property Details

Bedrooms
2
Type
End Terrace
Area
797 sqft

Description

This two-bedroom period cottage represents a unique opportunity for buyers seeking a property with substantial renovation potential. Situated at the end of a charming terrace on Wallace Avenue, this home offers an expansive plot compared to its neighbors, which not only enhances the living space but also opens possibilities for future extensions (subject to planning permission). Constructed around 1890, the cottage is steeped in history and retains many original features alongside modern enhancements that improve comfort and energy efficiency, such as double-glazed sliding sash windows. While the interiors are inviting and well-proportioned with a bright living room and spacious kitchen/dining area ideal for daily living or hosting guests, there remains scope for further modernization that could significantly increase value. Each room showcases feature fireplaces, adding character while presenting opportunities for aesthetic updates. The large garden area provides ample space for outdoor improvements or landscaping, complemented by private side access and an additional rear access road enhancing practicality. Located within easy reach of local amenities and transport options, including West Worthing and Durrington-on-Sea railway stations just half a mile away, this property benefits from both accessibility and community charm. Character homes such as this one are rarely available, making it an ideal investment chance for those looking to make their mark while enjoying the rich history this cottage has to offer.

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 - £45,000
Target Value
£322,889
10% above area average per sq ft
Potential ROI
-31.3%
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 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
£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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