No longer on the market
This property is no longer on the market
Similar properties
Discover similar properties nearby in a single step.
Floorplan
Map4 bedroom semi-detached house
Sold STC
Semi-detached house
4 beds
4 baths
312
EPC rating: D
Key information
Tenure: Freehold
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Features and description
- Investment Opportunity
- Block of Four One Bedroom Flats
- Two Ground Floor Garden Flats
- Approx. Annual Income £40,000
- Close to Travel Links & Amenities
- Ideal Freehold Residential Investment
- Includes Freehold of Leasehold Bungalow
- Circa 8.5% Rental Yield
A rare investment opportunity to purchase the freehold and four, one bedroom leasehold flats, 2 with private garden/outside space. An impressive approx 8.5% rental yield. All four properties are Council Tax Band A.
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 £40,000. Accounts for 2024 state earnings of £37,490 due to Flat 3 which is now vacant was at a lower rent now valued and on the market at £900pcm.
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. The individual units are all 1 bedroom apartments with the two ground floor garden apartments having private gardens. Flat 1 has a small courtyard-style garden whilst Flat 2 enjoys the benefit of the large garden at the rear. The remaining two apartments are located on the first floor.
The property is situated in this highly convenient and popular residential location close to shopping facilities, amenities and transport links.
The Freehold also includes land for the adjoining leasehold bungalow which has been sold previously. There is a remainder of a 125 year lease from 30th September. Approx 103 years remaining.
For all enquiries, please contact the vendors selling agent Micheal Jones, Goring by Sea branch on[use Contact Agent Button] where we will do all we can to assist up with any queries.
All four properties are Council Tax Band A.
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 £40,000. Accounts for 2024 state earnings of £37,490 due to Flat 3 which is now vacant was at a lower rent now valued and on the market at £900pcm.
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. The individual units are all 1 bedroom apartments with the two ground floor garden apartments having private gardens. Flat 1 has a small courtyard-style garden whilst Flat 2 enjoys the benefit of the large garden at the rear. The remaining two apartments are located on the first floor.
The property is situated in this highly convenient and popular residential location close to shopping facilities, amenities and transport links.
The Freehold also includes land for the adjoining leasehold bungalow which has been sold previously. There is a remainder of a 125 year lease from 30th September. Approx 103 years remaining.
For all enquiries, please contact the vendors selling agent Micheal Jones, Goring by Sea branch on[use Contact Agent Button] where we will do all we can to assist up with any queries.
All four properties are Council Tax Band A.
Property information from this agent
About this agent
Michael Jones & Company - Goring by Sea
100 George V Avenue
Worthing, West Sussex
BN11 5RP
01903 929911Sales, lettings, new homes and commercial Exceptional service all under one roof Welcome to our Goring branch. Goring-by Sea and the surrounding area is a wonderful place to live and we really enjoy working in this lovely coastal location. Our team are local people selling local properties and are very passionate about providing our clients with a first class service that fulfils all of their property needs. Now is a great time to put your property on the market We have many clients searching for their perfect home in your area. If you're looking to make a move, contact our friendly team for a free expert valuation and we'll do the rest. Our professional teams have exceptional knowledge of the industry and local area, and what makes us different is that we work in partnership with you. Our approach is to understand your needs and provide an unrivalled, personal service that puts you first. The Michael Jones difference We want what's best for you - whatever your property needs, we'll take the time to achieve the best possible outcome for you. Our friendly and experienced experts can provide personal local insight. Our local and regional marketing ensures your property reaches the right people at the right time. We have worked hard to achieve our reputation for excellence and are committed to making your experience of working with us as efficient and stress-free as possible. Leading Agent for Customer Service! Recognised as the leading estate agent in West Sussex for our customer service, we have a network of offices in five locations. You will find us in Worthing, Lancing, Goring-by-Sea, Findon, Rustington and Ferring. Whether you are buying, selling, letting or renting a home, seeking commercial space, or searching for a new home or development, we promise to keep things straightforward. We are independently owned, with an award-winning team of local experts selling local property. Our Community We are proud to make a difference to our community by supporting a number of charities and initiatives throughout the year; all of which help and improve people's lives. Charities we have partnered with include St Barnabas House, Chestnut Tree House and Shelter, and we are also involved with and sponsor local sports teams such as Worthing Rugby Club and Worthing Hockey Club, plus many local schools. Be the first to know about properties and the latest industry news