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7 bed property
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Our Summary
- INVESTMENT OPPORTUNITY
- Requires Modernisation
- Investment Opportunity | Three Self-Contained Dwellings | Three Bedroom House With Private Rear Garden | Two Bedroom Ground Floor Apartment With Private Garden | Two Bedroom First Floor Apartment With Private Garden | Off Road Parking - Scope For More (STP) | Requires Updating + General Refurbishment | Gas Central Heating | Double Glazing | Popular Residential Location | Close To Amenities | All Properties On Same Title | CHAIN FREE | Viewing AdvisedGlyn-Jones & Company are pleased to present to the market this strong INVESTMENT OPPORTUNITY with scope for improvement and increased rental returns
- There is also off road parking with scope for further spaces (subject to permissions)
- Although the properties would benefit from some updating and general refurbishment, they offer excellent potential for investors or developers
- Once updated, the three self-contained units have the potential to achieve strong yields in a popular and accessible residential area
- This is a rare chance to acquire a substantial freehold investment with multiple income streams and significant scope to add value through improvement works
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Description
This investment opportunity presents a rare chance to acquire a substantial freehold property with multiple income streams and significant scope to add value through improvement works. The property consists of three self-contained dwellings: a three-bedroom house with a private rear garden and two two-bedroom flats, each with its own private garden. The properties, which require updating and general refurbishment, offer excellent potential for investors or developers.
With gas central heating and double glazing, they have the potential to achieve strong yields in a popular and accessible residential area. The three-bedroom house could achieve a rental figure of £1450 PCM, while the two apartments could achieve £1250 PCM each (post-refurbishment). The property is situated in a popular location, close to Littlehampton town centre, the seafront, and local amenities, making it convenient for commuters and residents alike.