High Street, Littlehampton
- Close to Town Centre
- Gas Central Heating
- Close to Station
- Long Lease
- Investment Opportunity
- First Time Buyer
- Double Glazing
- Close to Local Amenities
Located close to the station, seafront and in the heart of the town center this making an excellent buy-to-let investment with a monthly rent assessed at £550.00 pcm.
The property is also thought ideal for a first time buyer looking to get on the housing ladder.
The lease is in excess of 120 years and maintenance has been advised at a sensible £950 per annum.
Littlehampton has had investment over the years on award winning buildings and eateries and the marina. If you are priced out of Worthing or Chichester this is an excellent alternative.
Viewing is considered essential to appreciate fully.
Entry phone system allows access in through a solid wood communal front door into communal entrance hall. Tiled floor for practical upkeep with stylish inset blue lights for a modern feel. Individual post boxes for each apartment. Stairs rise to the second floor by way of a return style staircase. Solid wood front door opens into entrance hall with wood effect flooring. Doors lead to all rooms.
Reception Room (3.86m (12'8") x 3.23m (10'7"))
South facing reception room making the most of the daytime sunshine.
Kitchen / Dinner (3.00m (9'10") x 2.44m (8'0"))
White storage units, plumbing and space for major appliances. Window with a view towards Littlehampton town center. Wood effect flooring. Large enough to accommodate a table for meals.
Double Bedroom (3.45m (11'4") x 2.69m (8'10"))
Double bedroom with a front aspect.
White suite with a shower over the bath. part tiled walls and extractor fan
"The property has been a good investment for me and I have never had a void period with the rent due to the established tenant and location of the property. I will be sad to see the property go but i have plans that sadly do not include High Street in the future. I am sure the next landlord or owner occupier will see the potential i did"
The current tenant is on an AST and would like to stay. The current tenant is paying £530 pcm but the this is below the market level and the property is due a review.Although the tenant wishes to stay this is open to owner occupiers.*** MORTGAGE BUYERS*** The property is over commercial premises and this may effect your borrowing potential please check before viewing. Please feel free to call us if in doubt.Tenure - LeaseholdLength of lease - In excess of 120 years (verbally advised)Maintenance - Circa £950 per annum (verbally advised)Ground Rent - £100 per annum (verbally advised)Council Tax Band A = £1,131.00 For 2017/18Expected Rental = £550.00 pcmExpected Yield = 6.1%Stamp Duty :Sole Residence = £0Second Home / Investment = £3,270
Jacks & Jones Services
Jacks & Jones have an in house mortgage adviser offering mortgages from all lenders.Competitive solicitors on a 'No Sale, No Fee' basisAny Property purchased through our sales department qualify from reduced letting fees.For further information please call (01903) 267700
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Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.