Property description
INVESTMENT OPPORTUNITY - Choices are pleased to bring to the market this high yield investment opportunity. This terraced property already has a full HMO licence and is converted into a large one bedroom flat and 4 bedsits. The one bedroom flat is self contained and has an outside area to the rear with parking for one car. On the first floor there are 3 bedsits all with kitchenettes and the second floor consisting of the final bedsit. There are communal facilities including a shower room and separate WC. All the flats are currently occupied creating an excellent gross annual income making this a perfect investment. Being in an excellent location of Worthing the property has many benefits including local transport links and walking distance of the seafront. Call Choices now to book your viewing today. EPC rating G.
* Converted terraced property
* One bedroom flat with parking for one car
* Four bedsits with kitchenettes
* Communal facilities
* Investment opportunity
* Full HMO Licence
* Excellent location
* Internal viewing recommended
* Draft details awaiting vendor approval
Draft details awaiting vendor approval
Ground Floor Communal Entrance
Stairs rising to first floor. Door to self contained flat.
Self Contained Flat
Lounge - 15' 3'' x 13' 8'' (4.64m x 4.16m)
Kitchen/Diner - 17' 7'' x 10' 11'' (5.36m x 3.32m)
Bedroom - 12' 2'' x 10' 3'' (3.71m x 3.12m)
Shower Room
Rear Garden
Providing off road parking for one car.
First Floor
Stairs rising to second floor. Doors to;
Bedsit One - 18' 1'' x 15' 5'' (5.51m x 4.70m)
Open plan kitchenette.
Bedsit Two - 12' 3'' x 11' 10'' (3.73m x 3.60m)
Open plan kitchenette.
Bedsit Three - 11' 1'' x 10' 11'' (3.38m x 3.32m)
Open plan kitchenette.
Shower Room
W.C
Second Floor
Door to;
Bedsit Four - 17' 1'' x 10' 6'' (5.20m x 3.20m)
Open plan kitchenette.
Tenure
Freehold.
N.B
CURRENT RENT PAYABLESelf Contained Flat £700pcm (£8,400 per annum)Bedsit 1 £90 per week (£4,680 per annum)Bedsit 2 £85 per week (£4,420 per annum)Bedsit 3 £110 per week (£5,720 per annum)Bedsit 4 £95 per week (£4,940 per annum)TOTAL PER ANNUM: £28,160
Image of neighbourhood
Property Features :
- * Converted terraced property
- * One bedroom flat with parking for one car
- * Four bedsits with kitchenettes
- * Communal facilities
- * Investment opportunity