5 bedroom detached for sale

£850,000

5

Bedrooms

2

Bathrooms

Floorplan

We are delighted to present this charming 1930s double-fronted detached home, ideally located just a few yards from the West Worthing seafront. This spacious and well-appointed property offers five bedrooms, two reception rooms, a fitted kitchen, two bathrooms and a ground floor cloakroom. Externally, the home benefits from off-road parking, a garage, and a private rear garden. A rare opportunity to acquire a characterful coastal residence in a highly sought-after location.

INTERNAL

A charming property boasting original features throughout, offering spacious and versatile accommodation across two floors. The original front door opens into an entrance porch, which leads to the main hallway via a secondary glazed door. The entrance hall is bright and welcoming, benefiting from natural light through the side windows. From here, there is access to a ground floor cloakroom, understairs storage cupboard and all principal rooms on the ground floor. There are two generously sized reception rooms. The front reception room features a large bay window, an original fireplace with surround and a fully functioning open fire. The second reception room, located at the rear of the property, enjoys views of the garden and offers direct access via a door and windows. The fitted kitchen is well equipped with a range of wall and base units, integrated appliances including a washing machine, dishwasher, double oven and gas hob. Additional features include a stainless steel sink and drainer, spacious walk-in pantry, built in larder cupboards, ample space for a dining table and chairs and a stable door opening out to the side of the property. Upstairs, the property offers five bedrooms, four are well-proportioned doubles, while the fifth is a generous single. Sea views can be found from two of the bedrooms. There are two family bathrooms, each with a bath and overhead shower, along with a wash hand basin. A seperate WC is conveniently located adjacent to one of the bathrooms. This delightful home retains a wealth of original features, making it a rare and characterful find.

EXTERNAL

Externally, the property enjoys well-maintained gardens and practical outdoor features.To the front, a driveway provides off-road parking and leads to a garage, which is fitted with an up-and-over door and benefits from power. A neatly kept lawn area sits alongside the driveway, bordered by established hedges that offer a sense of privacy. A paved pathway leads to the front door and continues along the side of the property, providing convenient side access to the rear garden.The rear garden is a peaceful and private retreat, featuring a generous patio area ideal for outdoor dining or entertaining. The garden is mainly laid to lawn and surrounded by a variety of mature shrubs and trees, creating a secluded and tranquil setting. A secondary patio positioned in the rear corner offers an additional spot for outdoor furniture. There is also access to the garage via a personal door from the rear garden.

SITUATED

Ideally positioned at the southern end of George V Avenue, this home is just moments from the scenic seafront.West Worthings High Street is conveniently located approximately 0.4 miles away at the top of the road, offering a variety of local amenities. Excellent transport links are available via regular bus services running along both George V Avenue and nearby Goring Road. Worthing town centre lies just 1 mile away, providing easy access to a wider range of shops, cafes, and leisure facilities.

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

£ 703950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 21250
  • 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

Adjust these figures

£

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

£ 66450
  • 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.

£

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.

Total Profit

£
  • Final Equity Profit
    £

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

  • Cumulative Rental Profit
    £

    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

£

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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