Chain-free one-bedroom flat near the seafront — cash buyers or investors only.
Chain-free ground-floor flat adjacent to seafront
A one-bedroom ground-floor flat close to Worthing seafront, offered chain-free and ready for a full refurbishment. The property sits in a large Victorian building and benefits from a spacious lounge with a bay window, secondary accommodation layout and convenient access to local shops and transport.
This flat is a clear project for a cash buyer or investor. The accommodation requires modernisation throughout — kitchen, bathroom and decorative finishes are dated — so budget for full updating. Importantly, the lease has approximately 56–57 years remaining; many mortgage lenders decline to lend on leases of this length, so purchasers should expect to fund the purchase without standard mortgage support and allow for lease extension costs.
Other practical points: mains gas central heating is in place, council tax is very low and broadband/mobile connectivity are good. The area shows high crime levels and relative deprivation, which may affect long-term rental demand or resale pricing; consider this when appraising yield and exit strategy.
In short, this is a value-driven opportunity for someone prepared to refurbish and manage lease extension or buy outright. The coastal location and period character give scope to add value, but the short lease and local socio-economic factors are material constraints buyers must factor in.
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