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5 bed property, in Granville Road, £450,000
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5 bed detached house

Granville Road, Littlehampton, West Sussex, BN17
Planning
£450,000

Our Summary

  • We are delighted to present an exceptional investment opportunity to acquire a substantial ground floor flat, boasting over 2,000 sq ft of versatile floor space, alongside the highly coveted FREEHOLD for the entire building
  • Potential for Reconfiguration (STPP): Explore possibilities for creating multiple units or a grand singular residence, subject to necessary planning permissions

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Description

A rare freehold opportunity is available to acquire a substantial ground floor flat with over 2,000 sq ft of versatile floor space, located in a prime area of Littlehampton. The property offers immense potential for various uses, including premium residential letting, owner occupation, or reconfiguration into multiple units or a grand singular residence, subject to necessary planning permissions. The freehold ownership of the entire building provides long-term control and security, as well as ground rent income and capital appreciation opportunities.

The property also presents immediate lease renewal opportunities, allowing investors to generate substantial premiums, increase ground rents, and enhance asset value. With an established income stream from existing rental income and a prime location, this is a strategic acquisition for investors looking to diversify their portfolio, capitalize on immediate value-add opportunities, and secure long-term capital growth.