Flat 23, Beach Residences, 123–125 Marine Parade, Worthing, BN11 3FN

UPRN:10090033286Flat/Maisonette2 bedsBuilt 2012-2021

LeaseholdCouncil Tax: Band EEPC: B (85)

Data freshness:Listing· freshPrice Paid· freshPlanning· 4mo agoEPC· 3mo agoRisk· 5mo agoConnectivity· 1mo agoSchools· 1mo agoAmenities· 2mo agoArea· Census 2021Council Tax· 6mo ago

Flat 23, Beach Residences, 123–125 Marine Parade, Worthing, BN11 3FN

HP Score

/ 100

Strong

Verdict

yesterday

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Strong fundamentals; flood risk not assessed

Evidence

20 of 21 sources

Sale Estimate

£388,000

£369k - £407kHigh

Estimate

£388k

Range

£369k – £407k

Rent Estimate (pcm)

£2,050

£2k - £2k

Monthly

£2,050

Yield

6.56%

Verdict

Derived from HomePortfolio scores

Flat 23 earns an INVESTIGATE rating with HP Score 77/100. Investment score 70/100 reflects strong fundamentals. Crime intensity is moderate. Walkability is excellent (91/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

77/ 100

Strong

Investment Score

70/ 100

High

Crime Score

39/ 100

Elevated

Walkability

91/ 100

Excellent

Transit & Bike

Transit 23Bike 71

Walk Score, out of 100

Opportunity

Not scored as an opportunity

We will not put a number on this one.

listing is 'Sold subject to contract' - sale already progressing, not an actionable opportunity

Withholding a score is deliberate. A number built on missing or stale inputs would look more certain than the evidence allows.

Economics

What happens to your money

Your assumptions

Purchase price£375,000

At the asking price

Monthly rent£2,050/mo

Evidenced range £1,900-£2,150

Interest rate5.4%

Loan to value75%

Cash required: £122,550
Net cash flow: £154/mo
Cash on cash: 1.5%
Score at this price: -

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 1.62 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion

Property risk deep-dive →flood, subsidence, crime, environment - the full domain

Plan

Before you offer

1. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£388,000

Rent Estimate (pcm)£2,050

Gross Yield6.56%

1y Growth+1.9%

3y Growth-0.9%

5y Growth-0.6%

10y Growth+2.3%

Last Sold Price£440,000 (2015-02-12)

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceSignificant
RadonLow
MiningLow
LandslideLow
Air QualityLow
NoiseModerate

View Full Risk Report

Planning Activity

Recent Apps

0BN11 3FN

Approval Rate

-12mo

Development

low

AWDM/1291/26
Non-material amendment to approved AWDM/0905/20 to change the description of development to: "Change of Use from Class A1 (retail) to provide apartments, external alterations and associated works".
Pending
AWDM/1290/26
Non-material amendment to approved AWDM/0901/20 to amend the description of development to "Change of Use from Class A1 (retail) to provide apartments with access and associated works (Block 8)".
Pending
AWDM/1278/26
Application for consent under Worthing Tree Preservation Order No.4 of 1975 to dismantle and remove to near ground level one Copper Beech tree (T1).
Pending

View Planning Timeline

Ownership

Corporate Ownership57.7%
Overseas OwnershipNo
Lease Term Remaining112 yrs
CovenantsRestrictive
Lease TypeLeasehold
Last Ownership Change2015-02-12
SourceLand Registry

View Ownership Details

Connectivity

Broadband (Standard)

11 Mbps

Mobile 4G/5G Coverage

EEThreeO2Vodafone

EV Charger

PTAL Rating

View Connectivity Map

Area Profile

Median EarningsLocal authority£32,823

Population Density-

Owner Occupied59%

Age Distribution

0-15 9%16-64 60%65+ 31%

View Area Profile

Schools Nearby

Our Lady of Sion School
0.4 mi
Inspected by ISI
St Mary's Catholic Primary School
0.5 mi
Good
Heene CofE Primary School
0.5 mi
Inspected as Heene CofE Primary School (URN 126034) on 5 Apr 2022
Educate U
0.6 mi
Requires improvement

4 of 8 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

View All Schools

Comparables

View All

Beach Residences, 123 - 125 Marine Parade
-
£573k
-
Beach Residences, 123 - 125 Marine Parade
-
£760k
-
Beach Residences, 123 - 125 Marine Parade
-
£741k
-
Beach Residences, 123 - 125 Marine Parade
-
£750k
-

Boundary data not available for this property

No registered title polygon, building footprint, or street match for this property yet.

Why: No HMLR INSPIRE / OSM footprint / OS Open USRN match for this UPRN

Source: HM Land Registry INSPIRE / OpenStreetMap / OS Open USRN