Freehold Residential Investment Located In Central Worthing - Currently Producing £31,440 pa.
Estimated Rental Value £35,400 pa*. Potential To Extend Into The Roof Space, Subject To Consent
Freehold Residential Investment Located In Central Worthing - Currently Producing £32,760 pa.
Estimated Rental Value £35,400 pa*. Potential To Extend Into The Roof Space, Subject To Consent
Description - Warwick Gardens is a mid terrace, Freehold property situated in central Worthing. The property is arranged as 4 self contained apartments with a communal garden to the rear and parking to the front. All 4 units are currently let producing an income of approximately £32,760pa. There is potential to extend into the roof space, subject to the necessary consents - interested parties must rely upon their own enquiries.
Situation - The property is situated in Warwick Gardens, within a 3-4 minute walk of Worthing town centre and seafront, along with Worthing hospital which is just over half a mile away. Worthing mainline railway station is less than a mile from the property (London Victoria 84 minutes).
Existing Rent - Current rent approximately £32,760 pa
Estimated Market Rent - Estimated market rental value £35,400 per annum
*This is our opinion of the estimated market rental value, purchasers to satisfy themselves on this element.
Total Gia - 111 sq.m.
Tenure - Freehold