1-bedroom house · BN11 4JT
Listing removedListed 492 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase this well presented first floor one bedroom retirement apartment conveniently located in the popular Rotary Lodge.
Built in 2007, this property boasts a central location within close vicinity to local shops, transport links and seafront.
The apartment comprises communal entrance, passanger lift and stairs rising to the first floor, entrance hall, lounge with West aspect windows, kitchen, double bedroom and bath/wet room/Wc.
Residents also benefit from a house manager, communal lounge, conservatory, onsite restaurant, well maintained communal gardens, laundry room, heath/beauty room, guest suite and residents/ visitors parking.
Viewing highly recommended. CHAIN FREE. Communal Entrance - With security entyphone system, stairs or passenger lift to the first floor.
First Floor - Private front door opening to; Entrance Hall - Slimline electric heater. Airing cupboard with tank and slatted shelving over. Emergency pull cord.
Lounge - 3.87 x 3.43 (12'8" x 11'3") - Double glazed windows to the West aspect. Slimline electric heater.
Opening to - Kitchen - 3.06 x 2.96 (10'0" x 9'8") - Comprising work surface with cupboards and drawers under. Inset single drainer one and half bowl sink unit with mixer tap cupboards under.
Integrated dishwasher. Range of matching wall cupboards with under lighting. Fitted oven and hob with stainless steel extractor above. Integrated fridge/freezer. Part tiled walls.
Bedroom - 3.12 x 4.22 (10'2" x 13'10") - Double glazed window. Slimline electric heater.
Bath / Wet Room/ Wc - 2.06 x 2.68 (6'9" x 8'9") - Suite comprising panelled bath, corner wet area with shower, curtain and rail. Vanity surface with inset wash hand basin. Shaver point.
Low level flush Wc. Tiled walls. Heated towel rail.
Communal Facilities - Rotary Lodge offers a range of communal facilities which include communal lounge with kitchen area and on site restaurant which provide freshly cooked meals daily, conservatory which overlooks the attractive communal gardens, laundry room, electric buggy area, hair and beauty salon, residents and visitor parking.
Communal Garden - Beautifully maintained and landscaped gardens with outside patio area complete with attractive table and chairs.
Resident And Visitors Parking - Located to the front of the development.
Required Information - Length of lease: 125 years from 1st April 2007 - 107 years remaining Annual service charge: £639 pcm Annual ground rent: £255 pa Council tax band: C Draft 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
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FAQ
About St. Botolphs Road, Worthing
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