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Property for sale
Tarring Road, Worthing BN11
£550,000
Tarring Road, Worthing BN11
£550,000
Our Summary
- An investment opportunity comprising five self contained flats and a ground floor commercial unit
- Investment opportunity with high yield
Description
This property is an investment opportunity comprising five self-contained flats and a ground floor commercial unit, located near West Worthing railway station and local shops. The flats include a first-floor one-bedroom flat earning £750 per month, a first-floor studio flat achieving £750 per month, a ground-floor commercial unit earning £7,000 per year, and three additional flats, each with its own unique layout and features. All tenants are on AST contracts, and the property includes the freehold to the building, with an annual rental income of approximately £52,000. The property offers a range of amenities, including laminate wood flooring, radiators, and double-glazed windows, as well as modern shower rooms and kitchens.