Rob Weaver’s View: Fulbeck Avenue, Worthing

Robert Weaver is our Director of Property, and one of the UK’s top property experts. In this video he shares his view on Fulbeck Avenue, Worthing – and why the Property Team has chosen this investment opportunity.

Location
• Worthing is a large seaside town situated in West Sussex, the South East of England. The properties are located on Fulbeck Avenue in northern Worthing
• The South Downs National Park is on the doorstep of these properties and offers a leafy and attractive setting for tenants
• The properties are in a well-established residential area and 2.9 miles from the town centre
• There are a number of local shops and amenities within close proximity (6 min walk)
• The area is home to a number of good schools including The Laurels Primary School (6min walk), Worthing High School (8min drive) and Lancing College (22min drive)

Transport
• The properties are less than a mile to Goring-by-Sea railway station providing direct services to Brighton railway station in 29mins, Portsmouth & Southsea in 50mins and London Victoria in 1h 24mins, ideal for commuting professionals
• The properties are a 3 minute drive to the A27, the main road linking Brighton to Portsmouth
• London Gatwick airport, the second largest UK airport, is 44 minutes drive away

Economy
• Employers in the local area include GlaxoSmithKline, 3.2 miles from the properties, Southern Water 0.44 miles away and Worthing Hospital 3.06 miles
• The major employment hub of Brighton (12.5 miles) has key economic sectors including Financial & Business services, Environmental Industries and Tourism contributing £732m to the local economy and supports approx. 13,500 of city jobs
• Examples of major employers in Brighton include American Express (over 3,000 staff), BUPA International (600 staff) and EDF Energy which has major offices located there
Regional growth predictions
• Leading research agencies Savills, Knight Frank, JLL and CBRE, have predicted house price growth in the South East of 17%, 17%, 14.7% and 20.5% respectively, over the next 5 years

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