Summary - 37 Madeira Avenue, WORTHING BN11 2AX
1 bed 1 bath House
**Standout Features:**
- 1-bedroom, 1-bathroom period property in a prime location
- Freehold with dual residence potential, ideal for investors
- Current configuration includes 13 self-contained flats
- Off-street parking and garden space available
- Excellent mobile signal and fast broadband
- Close proximity to the beach, town center, and Worthing train station
- Significant rental income potential
**Concerns:**
- High levels of local crime
- Exterior maintenance needed due to dampness
- Located in an area classified as deprived
Discover a remarkable investment opportunity with this impressive Victorian property complex, situated in the vibrant BN11 postcode of Worthing. Comprising two semi-detached houses and one detached house, the portfolio features 13 self-contained flats generating robust rental income, enhancing its appeal for serious investors. Nestled just steps from the beach and within walking distance to essential amenities like Worthing Hospital and the train station, this property combines convenience with significant income potential.
While the properties offer stylish period features like high ceilings and ornate moldings, prospective buyers should consider the need for exterior maintenance, particularly addressing damp issues. The area is characterized as high in crime and economically deprived, which may influence future rental stability. However, with off-street parking and the prospect for renovations or multi-unit configurations, this property presents an exclusive chance to secure a revenue-generating asset in a central location—the perfect choice for astute investors looking to capitalize on coastal living. Don’t miss out on this rare opportunity; the market for rental properties is competitive, and this gem won’t last long!
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