Summary - 66 ROWLANDS ROAD WORTHING BN11 3JU
8 bed 5 bath Semi-Detached
Immediate multi-unit income close to beach and transport links.
Fully occupied HMO producing £65,724 gross annual rent
A rare multi-unit freehold arranged over a Victorian semi-detached building, currently run as a fully occupied HMO producing £65,724 gross rent per year. The mix includes five bedsits, a studio and a two-bedroom flat with private garden and workshop, plus basement, garage and off-street parking for multiple vehicles.
This property will suit an experienced investor seeking immediate income and seaside location appeal — it’s only about 200 metres from the promenade and within a mile of Worthing and West Worthing stations. Key systems include gas central heating, double glazing and a fire alarm. Tenants are in place across seven lettings (see schedule) so income is established from day one.
Buyers should note clear operational and location considerations: the local area shows high crime levels and very high deprivation indices, which may affect tenant profiles, management demands and long-term capital growth. The building offers scope for upgrade or repositioning (refurbishment potential) but will likely need ongoing management and periodic works due to its HMO use and age.
Practical positives include a large plot with private garden, off-road parking and a garage — useful for adding value or improving tenant amenity. Interested parties must verify services and compliance (electrics, gas safety, HMO licensing and fire safety) as no appliances or systems have been tested.
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