4 bedroom detached for sale

£900,000

4

Bedrooms

1

Bathrooms

Floorplan

We are delighted to offer for sale this extremely rare and stunning detached Edwardian house, situated in the heart of Worthing town centre close to local shops, amenities, mainline train station and minutes from Worthing seafront. The home boasts four bedrooms (three doubles), two separate reception rooms, dual aspect open plan kitchen/diner, a contemporary bathroom with separate w/c, utility room, generous loft space with natural light, off-road parking, garage and a beautifully maintained garden that surrounds this generous plot.

Internal The characterful wooden stained glass front door opens into the entrance porch, providing an ideal space to hang coats or store shoes before entering. The imposing hall offers access to all ground floor rooms, a large under stair storage and stairs rising to the first floor. Positioned at the front of the house and benefiting from facing west, is the bay fronted sitting room which measures 1511' x 118'. Parallel and facing south is the bay fronted living room. Situated at the rear of the house is the open plan kitchen/diner space measuring a substantial 1110' x 196', with plenty of space for a family sized dining table to enjoy the direct views out onto the mature rear garden. Being dual aspect and having east and south facing views, creating the perfect hosting space as the room will be flooded with the morning and afternoon sun. The kitchen area has been fitted with an array of neutral shaker style matching wall and floor mounted units, topped with brown granite worktops to create a smart finish. The utility room is accessed from the kitchen and has plenty of space for multiple white goods and offers access to the garage. To the first floor are four bedrooms, three of which are double bedrooms and can accommodate a large double bed with ease alongside various other free standing furniture. The fourth bedroom is a single and would be the ideal room for a home working office space. The bathroom has been fitted with a four piece contemporary suite including a bath, corner shower, hand wash basin and toilet. There is also a separate w/c located parallel.

External Beyond the wooden-gated entrance and flint walls lies a generous off-road parking area with space for multiple vehicles, complemented by a convenient garage with remote electric door. The property is enveloped by a flourishing lawned garden that gracefully curves around the house, showcasing a fragrant blend of established apple and pear trees, vibrant shrubs, and flower borders. A charming pergola area provides you with a delightful shaded retreat, while a small patio offers an intimate space to soak up the sunshine and enjoy the tranquility of the surrounding greenery.

SituatedNestled in the vibrant heart of Worthing Town Centre, this property offers a peaceful retreat on a quiet, one-way street. Despite its tranquil setting, its just a short stroll away from the bustling main high street, brimming with a diverse selection of shops, cafes, and restaurants. The convenience extends to transportation, with Worthing mainline station easily accessible for commuters and travelers. For those seeking seaside relaxation, Worthings popular seafront promenade is a mere five-minute walk, promising easy access to the beach and refreshing sea air.



Features
  • Freehold

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 745200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 22500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 70200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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