2-bedroom house · BN11 4JT
Sold STCListed 5 days
Opportunity summary
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About
An opportunity to purchase this luxury first floor two bedroom retirement apartment located within the purpose built development of Rotary Lodge.
Built in 2007, the purpose built property is located in the conservation area of West Worthing just south of the local railway station and close to shopping amenities.
Worthing’s main town centre which is served by regular bus services is 1.5 miles distant to the east.
The apartment comprises a communal entrance, passenger lift and stairs rising to the first floor, entrance hall, lounge with dual aspect windows, kitchen, two bedrooms and sizable bathroom comprising bath and walk in shower.
Residents also benefit from a house manager, communal lounge, well-appointed on site restaurant, well maintained communal gardens, laundry room, highly subsidised guest suites and residents/visitors parking.
Viewing Highly Recommended. CHAIN FREE EPC Rating: B Wide entrance hall Carpeted throughout. Wall mounted electric heater.
Access to two large storage cupboard housing hot water cylinder and the electrics. Living room Dimensions: 4.6 x 3.7 (15'1" x 12'1"). New Carpets throughout.
Two double glazed windows offering dual aspect views. Wall mounted electric heater. Kitchen A fully fitted kitchen. A range of matching wall and base units.
A range of integrated appliances including; oven, fitted microwave, dishwasher, fridge freezer and four ring electric hob with extractor hood above. Inset stainless steel sink with drainer.
Spotlights throughout. Bedroom One Dimensions: 4.8 x 2.9 (15'8" x 9'6"). Carpeted throughout. Double Glazed window. A range of fitted wardrobes and drawers. Wall mounted electric heater.
Bedroom Two Dimensions: 3.2 x 2.6 (10'5" x 8'6"). Carpeted throughout. Double Glazed window. Wall mounted electric heater. A range of fitted cupboards and drawers.
Bathroom Tiled flooring throughout. Shower cubicle with glass door. Bath with low level Wc. Matching wash hand basin. Inset spotlighting. Wall mounted 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 cooked meals daily, conservatory which overlooks the attractive communal gardens, laundry room, electric buggy area, residents and visitor parking.
Communal Gardens 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 The residents now manage the property under the RTM / along with Priors.
Length of lease: 125 years from 1st April 2007 - 105 years remaining Service charge: £2,542 per 6 months (£423.66 a month) Including, Building insurance, On site manager, water rates, gardening, cleaning of Communal area, Careline and use of On site laundry room Annual ground rent: £307 a year Council tax band: D 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, Rotary Lodge, BN11
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