3-bedroom flat · BN11 3JE
Sold STCListed 646 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroom two bathroom well presented second-floor retirement apartment situated in sought-after Grasmere Court on Wordsworth Road, Worthing.
Ideally located within walking distance of local shops and Worthing seafront, this property is perfect for those seeking convenience and comfort.
The accommodation is thoughtfully arranged, featuring an entrance hall, living room, fitted kitchen, a spacious primary bedroom complete with an en suite bathroom and WC, a versatile second bedroom, and a third bedroom that can also serve as a dining room.
A modern shower room with WC completes the layout.
Chain free Residents of Grasmere Court enjoy an array of benefits, including a passenger lift, secure underground parking and well maintained communal grounds.
Additional conveniences include an on-site house manager, a communal lounge for socialising and a visitor suite for guests. Secure Entrance Telephony entry system.
Front door to: Communal Entrance Hall House manager's office. Communal lounge. Stairs and passenger lift to second floor. Private front door to: Entrance Hall Electric radiator.
Two built in storage cupboards. Airing cupboard housing hot water cylinder. Entry phone/emergency pull cord. Levelled and coved ceiling. Living Room (6.55m x 3.25m (21'6 x 10'8)) Double glazed window.
Two storage heaters. Electric fireplace. Levelled and coved ceiling. Door to: Fitted Kitchen (3.23m x 1.98m (10'7 x 6'6)) Double glazed window.
Roll edge work surfaces incorporating stainless steel sink with swan neck mixer tap and drainer. Four ring electric hob with tiled splashback and extractor canopy over.
Fitted eye-level oven/grill and microwave. Integrated washing machine and dishwasher. Range of matching cupboards, drawers and wall units. Vinyl flooring. Levelled and coved ceiling.
Bedroom One (5.66m x 4.47m (18'7 x 14'8)) Double glazed window. Storage heater. Built in wardrobe with shelving and hanging space. Emergency pull cord. Levelled and coved ceiling.
Door to: Ensuite Bathroom Panelled bath with wall mounted shower over. Vanity unit incorporating wash hand basin, storage cupboards, concealed cistern w/c, mirror and wall units.
Electric towel radiator. Wall heater. Emergency pull cord. Tiled walls. Vinyl flooring. Levelled and coved ceiling. Bedroom Two (3.86m x 2.74m (12'8 x 9')) Double glazed window. Storage heater.
Levelled and coved ceiling. Bedroom Three/Dining Room (3.86m x 2.62m (12'8 x 8'7)) Double glazed window. Electric radiator. Levelled ceiling.
Shower Room Step in corner shower with glass door, grab rail and wall mounted shower. Concealed cistern w/c. Wash hand basin with storage cupboard below. Mirrored vanity wall unit.
Electric towel radiator. Tiled walls. Vinyl flooring. Levelled and coved ceiling. Extractor fan. Emergency pull cord.
Secure Underground Car Park Residents and visitors parking available in the secure underground car park. Lift access to all floors.
Communal Facilities Additional conveniences include an on-site house manager, a communal lounge for socialising and a visitor suite for guests.
Communal Gardens & Grounds Well maintained communal gardens and ground surround the development. Required Information Length of lease: 102 years remaining.
Annual service charge: £6,447 Service charge review period: Per annum. Annual ground rent: £459 Ground rent review period: Per annum.
Council tax band: E Version: 1 Note: These details have been provided by the vendor. Any potential purchaser should instruct their conveyancer to confirm the accuracy.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 23, Grasmere Court, Wordsworth Road, Worthing
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