Auction opportunity for cash buyers or experienced investors near Worthing town centre.
Two double bedrooms occupying entire first floor
A two-bedroom first-floor flat occupying the entire upper floor of a Victorian semi-detached house in Broadwater, Worthing. The property offers two double bedrooms, lounge/dining room, kitchen, bathroom and loft access with potential for conversion, subject to the necessary consents. Period features and a private entrance give clear character and separation from the ground floor.
The flat requires full modernisation throughout: partial double glazing, dated bathroom and kitchen fittings, and general cosmetic and structural updating. It is being sold at public auction (Guide Price £175,000+) on 12th November; the sale is accompanied by legal pack documents which should be reviewed before bidding.
A critical legal detail: documents state the property is leasehold with approximately 55 years remaining. This is a material concern — many mortgage lenders are likely to refuse lending on a short lease, so this property will mainly suit cash buyers, seasoned investors familiar with short-lease purchases, or buyers prepared to fund lease extension costs. Buyers should verify tenure details in the legal pack and obtain specialist advice on financing, lease extension cost and required consents for any loft works.
Location is practical for amenities, schools and transport: Worthing town centre and the seafront are about a mile away, and the mainline station offers services to London and Brighton. The neighbourhood is described as affluent with very low crime and fast broadband, supporting rental or resale potential once renovated and lease issues are resolved.
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