This property has been taken off the market.

House For Sale Russells Drive, Lancing, BN15

£99,950

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Last Updated: 27th March 2024

Description

A unique opportunity to purchase a freehold block of 3 garages and a storage yard all currently let separately for an annual income of £4560. It is thought that the site may be suitable for development of a one bedroom dwelling subject to planning consent.

The garages are located on Russells Drive which is close to Lancing village centre and mainline railway station.

Garage 1 - 5.08m x 2.84m max (16'8 x 9'4 max) - Single garage with up and over door (currently rented at £100 PCM)

Garage 2 - 5.08m x 2.84m max (16'8 x 9'4 max) - Single garage with up and over door (currently rented at £100 PCM)

Garage 3 - 6.20m max x 5.08m max (20'4 max x 16'8 max) - Larger than average garage with up and over door (currently rented at £130 PCM)

Storage Yard - Small gated storage yard (currently rented at £50 PCM)
Agent Details
Robert Luff & Co
5-7 South Street, Lancing, West Sussex BN15 8AP
Show Contact Number
01903 331 737

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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