Guide price £120,000 to £130,000
Leaders are delighted to offer this second floor studio apartment perfect for investment.
Modern bathroom and kitchen, close to West Worthing train station, void periods will be a minimum.
The property is currently rented and the tenant (paying £550 pcm) has expressed a desire to stay and sign a new lease with a new landlord. Alternatively the property can be sold with vacant possession.
Long lease, low maintenance and an attractive yield circa 5% this is a must for any landlord looking to add to their portfolio.
Situated on South Street Tarring, the property is walking distance to a comprehensive range of shops and West Worthing Station with direct trains running regularly to Brighton and London.
Entrance
Communal front door with security entryphone system. Opening into a welcoming communal hallway for three apartments.
Stairs rise to the second floor with a landing currently being used by the tenant for extra storage.
Private front door opening into apartment.
Entrance Hall
Entrance hall with Velux window and useful side return adding storage. Door opening into the studio room.
Studio Room 4.39m (14'5") x 4.22m (13'10")
Dual aspect Velux windows with a East and West aspect.
Eaves storage and a modern kitchen with cupboard and drawer space along with a fitted oven, hob and extractor.
The studio is a good size with some restricted head height to the side of the room.
Door to Bathroom.
Bathroom
Modern bathroom with matching White suite including bath, sink and W/C. Velux window allows natural light and ventilation.
Agents Note
Lease circa 92 year unexpired
Maintenance Circa £600 p.a.
Ground Rent Circa £100 p.a
Council Tax Band A