1 bed Flat For Sale £220,000
Shoreham town centre investment opportunity currently with a circa 5% yield. Tenant in situ on an assured shorthold tenancy until the end of February 2023.
This well presented ground floor 1 bedroom flat has a 14' open plan living kitchen room with a modern fitted kitchen, a good size double bedroom and a modern fitted bathroom. The building was converted in 2011 and was formally the Surry Arm Pub so the flat has some remaining features such as high ceilings and large feature arched windows. The flat benefits from a shared patio area to the rear of the building. There is currently a tenant in situ paying £995pcm on an assured shorthold tenancy agreement until the end of February 2023.
Lounge Kitchen Diner (6.10m 3.35m x 3.05m 3.35m (20' 11" x 10' 11"))
High ceilinged double aspect room with attractive feature arched windows. Modern fitted kitchen with integrated oven and hob and space for table and chairs. Radiator.
Bedroom (3.25m x 3.10m (10'8" x 10'2"))
Double bedroom with window to one side. Radiator
Bathroom
Comprising pedestal wash hand basin, low level push button flush W.C. And panelled bath with shower over and glass shower screen.
Communal Patio Area
Located at the rear of the building and accessed via lockable gate.
Lease And Maintenance Information
2221 -2022 - Service charge per quarter is: £245.70
Currently Ground Rent Per year: £394.69 (payable 26th Nov)
Lease was set up 25th of November 2011 for 110 years. 99 Years remaining as of September 2022
Council Tax Band A - 2022 /2023 - £1,403.82
Located within a short walking distance of Shoreham High Street with it's many independent shops, bars and restaurants. The footbridge giving easy access over on to Shoreham Beach is close by and the railway station is just round the corner with direct links to London by rail. The 700 bus route is almost on your doorstep taking you to Brighton to the East and Worthing to the West.
This well presented ground floor 1 bedroom flat has a 14' open plan living kitchen room with a modern fitted kitchen, a good size double bedroom and a modern fitted bathroom. The building was converted in 2011 and was formally the Surry Arm Pub so the flat has some remaining features such as high ceilings and large feature arched windows. The flat benefits from a shared patio area to the rear of the building. There is currently a tenant in situ paying £995pcm on an assured shorthold tenancy agreement until the end of February 2023.
Lounge Kitchen Diner (6.10m 3.35m x 3.05m 3.35m (20' 11" x 10' 11"))
High ceilinged double aspect room with attractive feature arched windows. Modern fitted kitchen with integrated oven and hob and space for table and chairs. Radiator.
Bedroom (3.25m x 3.10m (10'8" x 10'2"))
Double bedroom with window to one side. Radiator
Bathroom
Comprising pedestal wash hand basin, low level push button flush W.C. And panelled bath with shower over and glass shower screen.
Communal Patio Area
Located at the rear of the building and accessed via lockable gate.
Lease And Maintenance Information
2221 -2022 - Service charge per quarter is: £245.70
Currently Ground Rent Per year: £394.69 (payable 26th Nov)
Lease was set up 25th of November 2011 for 110 years. 99 Years remaining as of September 2022
Council Tax Band A - 2022 /2023 - £1,403.82
Located within a short walking distance of Shoreham High Street with it's many independent shops, bars and restaurants. The footbridge giving easy access over on to Shoreham Beach is close by and the railway station is just round the corner with direct links to London by rail. The 700 bus route is almost on your doorstep taking you to Brighton to the East and Worthing to the West.
