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£285,000 Offers over
Bedrooms
Bathrooms
We are thrilled to present this charming ground-floor garden flat, offering an excellent opportunity for prospective buyers. The property features two well-proportioned bedrooms, a modern kitchen, and a stylish shower room. Boasting the added advantages of a private front and side garden, freehold ownership, and being chain-free, this home is perfect for those seeking convenience and comfort. Ideally situated, the flat is just a short stroll from the beautiful Goring-by-Sea seafront, providing a tranquil coastal lifestyle.
INTERNAL
The property is accessed via a private front door, leading into a welcoming entrance hall with access to all rooms. The lounge, located at the front of the flat, is enhanced by fitted shutters and a charming feature fireplace surround, creating a cozy and stylish living space.Bedroom two is also positioned at the front, while the primary bedroom is located at the rear of the property. The primary bedroom benefits from fitted wardrobes, offering ample storage space.The shower room features a corner shower, wash hand basin, and WC, all presented in a clean and functional layout.Situated at the rear, the kitchen is equipped with a range of wall and base units, providing space for all necessary appliances. It also includes access to a convenient storage cupboard and a door leading out to the rear, offering ease of use and practicality.EXTERNAL
The property enjoys the advantage of a private front and side garden. The front garden has been thoughtfully designed with block paving, complemented by a striking palm tree, creating a low-maintenance yet stylish entrance. The side garden features a well-maintained lawn surrounded by mature shrubs and trees, offering a peaceful and private outdoor space.A garage, located in the rear compound, provides convenient storage or parking. Access to the garage compound is available via the rear door from the kitchen, ensuring ease of use and functionality.SITUATED
Situated in the highly sought-after area of Goring-by-Sea, this property enjoys a prime location just 200 yards from the picturesque Goring Greensward and seafront. Excellent transport links are available with bus routes running along the nearby Alinora Avenue.West Worthing High Street, located within a mile, offers a range of amenities including a pharmacy, eateries, banks, and convenience stores. For a more extensive selection, Worthing Town Centre is just 2.5 miles away, boasting an array of cafes, restaurants, bars, theatres, and music venues.Additionally, Durrington-on-Sea train station is approximately 1 mile from the property, providing convenient access to the surrounding areas.TENURE
FREEHOLDAs & WhenYour 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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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