Reigate Road, Worthing, West Sussex, BN11
For Sale : GBP 625000
Details
Bed Rooms
1
Bath Rooms
1
Property Type
House
Description
Property Details: • Type: House • Tenure: N/A • Floor Area: N/A
Key Features: • Investment Opporunity • Block of Four One Bedroom Flats • Two Ground Floor Garden Flats • Approx. Annual Income £41,000 • Close to Travel Links & Amenities • Ideal Freehold Residential Investment
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: 100 George V Avenue, West Worthing, BN11 5RP
Full Description: A rare investment opportunity to purchase the freehold and four, one bedroom leasehold flats, 2 with private garden/outside space.All four properties are Council Tax Band A. A rare investment opportunity to purchase the freehold and four, one bedroom leasehold flats, 2 with private garden/outside space with a combined annual income of approximately £41,400. Accounts for 2024 state earnings of £37,490 due to Flat 3 which is now vacant was at a lower rent now valued and on the market at £950pcm.The property is situated in this highly convenient and popular residential location close to shopping facilities, amenities and transport links.Michael Jones are delighted to offer for sale as an ongoing residential investment opportunity, a 1930’s, extended semi-detached residence which has been converted into four leasehold 1 bedroom flats. The individual units are all 1 bedroom apartments with the two ground floor garden apartments having private gardens. Flat 1 has a small courtyard-style garden whilst Flat 2 enjoys the benefit of the large garden at the rear. The remaining two apartments are located on the first floor.For all enquiries, please contact the vendors selling agent Micheal Jones, Goring by Sea branch on where we will do all we can to assist up with any queries.All four properties are Council Tax Band A.BrochuresParticulars
Location
Address
Reigate Road, Worthing, West Sussex, BN11
City
West Sussex
Features And Finishes
Investment Opporunity, Block of Four One Bedroom Flats, Two Ground Floor Garden Flats, Approx. Annual Income £41,000, Close to Travel Links & Amenities, Ideal Freehold Residential Investment
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Real Estate Broker
Michael Jones & Company, Goring-By-Sea
Brokerage
Michael Jones & Company, Goring-By-Sea
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