# Studio flat for sale (BN14 9AG)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 17, BURY HOUSE, BROADWATER STREET EAST, WORTHING, WEST SUSSEX BN14 9AG |
| Price | £150,000 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £145,000 Jun 2024 |

## Description

Jacobs Steel are delighted to offer for sale this modern studio apartment being sold with a long lease, residents off road parking and useful office space. Excellent buy to let investment or first time purchase. The property is being offered Chain Free.

**Internal** From the entrance hall a door leads to the spacious, south aspect studio room with double glazed windows and gas central heating. The room has been skilfully adapted to provide a separate office space. A door leads into the fitted kitchen with a range of cupboards and drawers and providing space for appliances. The bathroom comprises of a white suite, including a panelled bath with shower over, wash hand basin, toilet and useful storage.

**External **Residents parking can be found at the front and rear of the building.

**Situated **Located in the sought after Broadwater area of Worthing, local shops and amenities are within a short 5 minute walk from the property.

LOUNGE/STUDIO 17' 4" x 14' 8" (5.28m x 4.47m)

OFFICE SPACE 7' 4" x 5' 7" (2.24m x 1.7m)

KITCHEN 6' 10" x 6' 0" (2.08m x 1.83m)

BATHROOM 6' 1" x 5' 11" (1.85m x 1.8m)

 

**TENURE **

Leasehold 130 years remaining 

Maintenance: Approximately £450 per annum 

Ground rent: Approximately £200 per annum

**COUNCIL TAX** Band A

## Property Photos

- ![Photo](/listings/photos/143703212/340239)
- ![Photo](/listings/photos/143703212/340242)
- ![Photo](/listings/photos/143703212/340244)
- ![Photo](/listings/photos/143703212/340246)
- ![Photo](/listings/photos/143703212/340248)
- ![Photo](/listings/photos/143703212/340251)

## Floorplans

- ![Floorplan 1](/listings/photos/143703212/340252) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/143703212/340256) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| BURY HOUSE FLAT 17 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AG | £145,000 | 04/06/2024 | Flat |
| BURY HOUSE FLAT 17 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AG | £135,000 | 30/09/2021 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| ASHINGTON COURT FLAT 10 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AQ | £195,000 | 15/01/2026 | Flat |
| PENRITH COURT FLAT 31 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AN | £105,000 | 09/01/2026 | Flat |
| ASHINGTON COURT FLAT 12 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AQ | £200,000 | 16/12/2025 | Flat |
| ASHINGTON COURT FLAT 12 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AQ | £200,000 | 16/12/2025 | Flat |
| 145 FLAT 2 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AP | £180,000 | 20/11/2025 | Flat |
| 18 MANOR VIEW COURT, WORTHING, WEST SUSSEX, BN14 8HR | £260,000 | 28/08/2025 | Flat |
| 15 MANOR VIEW COURT, WORTHING, WEST SUSSEX, BN14 8HR | £260,000 | 27/11/2023 | Flat |
| ALFRISTON HOUSE FLAT 18 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AE | £135,000 | 01/08/2023 | Flat |
| PENRITH COURT FLAT 31 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AN | £84,000 | 07/07/2023 | Flat |
| 2 MANOR FIELD COURT, WORTHING, WEST SUSSEX, BN14 8HX | £240,000 | 09/06/2023 | Flat |
| KIMBERLEY COURT, 29 FLAT 6 FOREST ROAD, WORTHING, WEST SUSSEX, BN14 9LN | £223,000 | 21/04/2023 | Flat |
| 11 FOREST ROAD, WORTHING, WEST SUSSEX, BN14 9ND | £296,000 | 29/03/2023 | Flat |
| PENRITH COURT FLAT 18 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AN | £120,000 | 19/01/2023 | Flat |
| ASHINGTON COURT FLAT 11 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AQ | £212,000 | 21/12/2022 | Flat |
| [Same street] BURY HOUSE FLAT 3 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AG | £135,000 | 29/11/2022 | Flat |
| 65 KINGSLAND ROAD, WORTHING, WEST SUSSEX, BN14 9ED | £205,000 | 23/11/2022 | Flat |
| PENRITH COURT FLAT 54 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AN | £130,000 | 10/11/2022 | Flat |
| WIMBLEDON COURT 2 SOMPTING AVENUE, WORTHING, WEST SUSSEX, BN14 8HW | £197,750 | 28/10/2022 | Flat |
| PENRITH COURT FLAT 20 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AN | £90,000 | 28/10/2022 | Flat |
| PENRITH COURT FLAT 1 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AN | £115,000 | 14/10/2022 | Flat |
| STEYNING HOUSE FLAT 3 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AF | £146,500 | 07/10/2022 | Flat |
| [Same street] BURY HOUSE FLAT 16 BROADWATER STREET EAST, WORTHING, WEST SUSSEX, BN14 9AG | £144,500 | 29/07/2022 | Flat |

**Street average:** £139,750 (2 sales)
**Area average:** £179,713 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £197,083 (28 Flat, BN14, 2024–2026)
- **Deviation:** -23.9%

## Rental Range

*ONS Price Index of Private Rents (Worthing). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,180/mo
- **Realistic:** £1,311/mo
- **Optimistic:** £1,442/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Worthing (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 4 Bed Terraced House, Fletcher Road, BN14 | £1,930/mo | 4 | 0.21 miles | OpenRent |
| 1 Bed Bungalow, Sackville Crescent, BN14 | £900/mo | 1 | 0.58 miles | OpenRent |
| 2 Bed Terraced House, Dagmar St, BN11 | £1,550/mo | 2 | 0.66 miles | OpenRent |
| 5 Bed Terraced House, Pavilion Road, BN14 | £650/mo | 5 | 0.73 miles | OpenRent |
| 2 Bed Flat, Ashdown Road, BN11 | £1,300/mo | 2 | 0.75 miles | OpenRent |
| 4 Bed End Terrace, Warren Road, BN14 | £4,350/mo | 4 | 0.78 miles | OpenRent |
| 1 Bed Flat, Madeira Avenue, BN11 | £1,100/mo | 1 | 1.04 miles | OpenRent |
| 6 Bed Detached House, Archibald Rd, BN11 | £7,500/mo | 6 | 1.13 miles | OpenRent |

**Average rent: £2,410/mo (8 listings)**

## 1% Rule

- **Rent ratio:** 0.95% (okay)
- **Max investor price (0.8%):** £178,125
- **Target investor price (1%):** £142,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,425/mo).*

- **Gross yield:** 11.4%
- **Cost-to-rent:** 8.8×
- **Monthly cashflow:** £667/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 18.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 5.8%
- **10y growth:** 24%

## House Price Index (HM Land Registry)

*Official index for Worthing; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -6.9%
- **5y growth (index):** -0.6%
- **10y growth (index):** 13.8%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)