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Studio flat for sale
Springfield Road, Horsham, West Sussex
£3,000,000
Springfield Road, Horsham, West Sussex
£3,000,000
Our Summary
- Located within the heart or Horsham Town Centre, this block of 22 studio apartments and 1 one bedroom, ground floor flat presents an excellent investment opportunity providing a yearly income of approximately £250,000
Description
This property, located in the heart of Horsham Town Centre, offers a lucrative investment opportunity with a yearly income of approximately £250,000 from its 22 studio apartments and 1 one-bedroom flat. The development is conveniently situated near Horsham station, town centre, and transport links, making it an attractive option for tenants. The property has been managed by Leaders since its inception, and all 23 apartments currently have tenants on Assured Shorthold Tenancies. Additionally, the top unit can be used for personal use or rented out through Air BnB, providing further income. While parking is limited, it has been rented out in the past for an extra cost. The property is being sold with the understanding that buyers will complete online identity checks, which cost £80 inc. VAT per purchase, to verify their identity in line with HMRC obligations.