4 bedroom detached for sale

£800,000

4

Bedrooms

2

Bathrooms

Floorplan

A beautifully extended and detached four bedroom coastal residence, ideally positioned just 120 yards from Worthings picturesque seafront and promenade. Set across three impressive floors, this exceptional home combines elegant design with contemporary comfort. Three of the four bedrooms enjoy sea views, while the interiors are immaculately presented throughout. The property features a modern fitted kitchen, three versatile reception rooms, convenient ground floor utility room, and two well appointed bathrooms. Outside, the landscaped rear garden offers a tranquil retreat, complete with a garden studio, perfect for home working or creative pursuits. A west-facing patio to the front provides the ideal setting for relaxing or entertaining, while ample off road parking enhances everyday convenience. Offered to the market chain free, this exquisite home presents a rare opportunity to enjoy refined coastal living in one of Worthings most desirable locations.

INTERNAL

Front door leading into the spacious entrance hall which can be used as an additional reception room. On the ground floor there is a spacious kitchen with double doors opening to West aspect patio. Comprising of an excellent range of work surfaces with butler sink. Fitted cupboards and drawers with matching wall units, fridge/freezer and integrated dishwasher. Fitted electric range style cooker with double oven and extractor above, wine rack, wood flooring and opening to the dining room. The dining room offers a feature fireplace and opening leading to the lounge. The lounge offers a sky light offering natural light in, bi fold doors leading out to the rear garden. On the ground floor there is a utility room/ cloakroom which offers wall and base units with space for washing machine, tumble dryer, sink, drainer & WC. On the first floor there are three double bedrooms with two of the bedrooms on the west side benefitting from sea views. The family bathroom features walk in shower, bath with mixer tap, shower attachment, wash hand basin and WC. On the top floor there access to a good size bedroom featuring wonderful views, access to eaves storage. The bathroom benefits from walk in shower, wc, wash hand basin, access to a good size storage cupboard and access to eaves storage.

EXTERNAL

The property benefits from generous off-road parking to the front, with space for multiple vehicles. A west-facing patio provides an ideal spot to relax and enjoy the evening sun, while mature hedges ensure privacy and a sense of seclusion.At the rear, the garden has been thoughtfully designed for low-maintenance living, featuring an artificial lawn and a decked area perfect for outdoor dining or entertaining. A mature tree adds charm, and a versatile garden room presents an excellent opportunity for a home office, studio, or hobby space.

SITUATED

Nestled on Grand Avenue, just a stones throw from Worthing Seafront, just 120 yards away, this property offers the perfect blend of coastal living and convenience. Local shops, cafes, and amenities are just a short stroll away on Heene Road, with additional options on Goring Road under a mile from home. Worthing Town Centre, with its vibrant mix of shopping, restaurants, pubs, cinemas, theatres, and leisure facilities, is approximately three quarters of a mile away, making it ideal for both everyday living and leisurely weekends. Commuters will appreciate West Worthing Station just a mile away, while regular bus routes on Grand Avenue and West Parade provide easy connections across the town.

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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

£ 662700

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
    £ 20000
  • 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

£ 62700
  • 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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