Byron Road, Worthing, BN11
- PROPERTY TYPE
Semi-Detached
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Investment Opportunity
- 5 Self Contained Flats
- Potential To Develop Loft Space
- Central Town Centre Position - 1 Road Away From Seafront
- All On Rolling AST Agreements
- Freehold
- Upto 5 Parking Spaces
Description
Introducing an exceptional investment opportunity, we are pleased to present this semi-detached house situated in a central town centre position, just one road away from the picturesque seafront. Ideal for those seeking to expand their property portfolio, this freehold property boasts five self-contained flats with up to five parking spaces.
Presenting a lucrative prospect, each of the five flats is currently on a rolling Assured Shorthold Tenancy agreement, ensuring a steady rental income from the onset. The property's desirable location in close proximity to the vibrant town centre and the inviting ocean waves enhances its appeal to tenants and investors alike.
Upon entering the property, a well-maintained corridor leads to each flat. Beyond the entrance doors, the flats present a range of inviting living spaces. Each unit features a modern and functional kitchenette, complete with the necessary appliances to facilitate effortless daily living. Furthermore, these flats offer comfortable and well-proportioned sleeping areas, designed to maximise relaxation.
Notably, the property harbours untapped potential, including the possible development of the expansive loft space to create another self contained flat.
In summary, this semi-detached house presents an exceptional investment opportunity boasting five self-contained flats, each with its own allocated parking space. Its central position, just one road away from the delightful seafront, ensures significant tenant demand. With the potential to develop the loft space and a proven rental history underpinned by the rolling AST agreements, this property promises substantial financial rewards for the discerning investor. Schedule your viewing today to explore the full potential of this remarkable opportunity.
Flat 1
One Bedroom ground floor flat. Currently let at £760pcm. Estimated current rental value £925pcm 43 sq. m.
Flat 2
One Bedroom flat. Currently let at £900pcm. Estimated current rental value £975pcm.
Flat 3
First Floor Studio Flat With Additional Living Area. Currently let at £640pcm. Estimated current rental value £700pcm - 24 sq. m.
Flat 4
Two Bedroom First Floor Flat. Current Rent £1,065pcm. Estimated current rental value £1,200pcm
Flat 5
Second Floor Studio Flat With Additional Living Area. Currently let at £620pcm. Estimated current rental value £700pcm - 24 sq. m.
Loft Space
In our opinion, permission could be granted for the loft space to be developed in to a 2 bedroom self contained flat, subject to necessary planning and consents.
Brochures
Brochure 1Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Ask agent
Byron Road, Worthing, BN11
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Worthing Station0.6 miles
- West Worthing Station0.8 miles
- East Worthing Station1.3 miles
About the agent
Pear Properties, Lancing
20 Crabtree Lane, Lancing, BN15 9PQ
Pearing People & Properties
Pear Properties is led by Joe Bailey and Marcus Farrell and having over 30 years collectively in the industry, they know how to find you the right buyer, get you the best price and support you throughout the entire property process.
Pear Properties Promise: "We're available whenever you need us - text us for a quick update, call for a longer chat or email us. You'll always find a Pear property expert ready to help."
With Pear Properties you
Industry affiliations
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Visit our security centre to find out moreDisclaimer - Property reference 52a96191-3fd7-48a3-afee-61588fffe5d7. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pear Properties, Lancing. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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