This property has been taken off the market.

House For Sale Crabtree Lane, Lancing, BN15

£150,000

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Last Updated: 3rd May 2024

Description

Guide Price £150,000-165,000.
A Rare Opportunity to purchase a Freehold of a building and SHOP which is currently a newsagents with a remaining 19 year lease with the current tenant generating a rental income of £1000 PCM. £12000 PER ANNUM.
Upstairs is a 2 bedroom Maisonette with rear garden which the Freehold would be owned of.
There is an option to purchase the entire building as well as the flat which has a further rental income potential of £1250-1300 pcm. Please see listing:
Agent Details
Middleton Estates
23 North Road Lancing BN15 9AH

Investment Analysis

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Calculators

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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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This is the potential achievable yield.
Potential Return-on-Cash Invested