Reigate Road, Worthing, West Sussex... 1 bed house for sale

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Reigate Road, Worthing, West Sussex... 1 bed house for sale

Reigate Road, Worthing, West Sussex, BN11
£625,000

Our Summary

  • A rare investment opportunity to purchase the freehold and four, one bedroom leasehold flats, 2 with private garden/outside space
  • A rare investment opportunity to purchase the freehold and four, one bedroom leasehold flats, 2 with private garden/outside space with a combined annual income of approximately £41,400
  • Michael Jones are delighted to offer for sale as an ongoing residential investment opportunity, a 1930’s, extended semi-detached residence which has been converted into four leasehold 1 bedroom flats

Description

This is a rare investment opportunity to purchase the freehold of a 1930s semi-detached residence, which has been converted into four one-bedroom leasehold flats. Two of the flats have private gardens, with Flat 1 having a small courtyard-style garden and Flat 2 enjoying a large rear garden. The property is located in a highly convenient and popular residential area, close to shopping facilities, amenities, and transport links. The combined annual income from the four flats is approximately £41,400, with accounts showing earnings of £37,490 for 2024. The property is being sold as an ongoing residential investment opportunity, and interested parties can contact Michael Jones, Goring by Sea branch, for further information and to arrange viewings.
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