£100,000
1 bed flat for saleShakespeare Road, Worthing, West Sussex BN11
1 bed
1 bath
1 reception
EPC Rating: F
About this property
One bedroom/studio flat with flexible accommodation
Private garden with direct access from the kitchen
Requires updating and offers scope for improvement
New 175-year lease
Immediate vacant possession
*** Sold Prior To Marketing *** A well-positioned ground floor one bedroom/studio flat offering an excellent opportunity for buyers looking for a property they can update and make their own. The accommodation comprises a small bedroom area, comfortable lounge, bathroom/WC and a separate kitchen, with a door from the kitchen providing direct access to a private garden.
The property does require updating and modernisation, but offers considerable potential to create a comfortable home or investment property. A particular benefit is the new 175-year lease, providing excellent long-term security of tenure.
The property is offered with immediate vacant possession, making it ideal for owner-occupiers, first-time buyers or investors looking for a project with scope to add value.
Leasehold
Unexpired Years: 175
Annual Ground Rent: £150
Ground Rent Increase: 25 years
Ground Rent Review Period: N/A
Annual Service: £900
These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
Additional information
- Gas is not connected to the building
Materials used in construction: Ask agent
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Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
Shakespeare Road is situated in a popular residential location close to local shopping facilities and restaurants. The charming Victoria Park located 0.1 miles away and Worthing mainline railway station which is within around half a mile away. Worthing seafront is located 1 mile distance as is Worthing town centre which offers a comprehensive range of department stores, coffee shops, eateries, cinemas and theatres. If you are looking to head out of Worthing, a train will take you to London Victoria in less than an hour and a half or to Brighton in around 20 minutes. The 700 'Coastliner' bus passes nearby and offers destinations throughout the south coast. By car, the A27 and A24 are both easily accessible and offer access to all surrounding areas and beyond.
Mortgage calculator
£500 per month
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More information
Tenure
Leasehold (174 years)
Service charge
£900 per year
Council tax band
B
Ground rent
£150
Ground rent date of next review



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