14-16 Church Walk, Worthing, West Sussex, BN11 2LS

lot type

Freehold Investment

situation

Church Walk is located on the outskirts of Worthing Town Centre and a short walk from the seafront and Worthing Hospital. The town centre offers an array of cafes, bars, shops and restaurants is within a 10-minute walk from the property, both Worthing mainline and East Worthing train stations are within easy reach by foot or by car.

private treaty - sale status

Freehold Investment

type

Freehold Arranged As 14xFlats, Producing Approximately £121,020.00pa

description

A unique opportunity to acquire, two adjoining freehold properties on Church Walk, Worthing. The properties are arranged as 13 x self-contained flats and 1 x non-self-contained flat. All 14 flats are currently let producing an income of approximately £121,020.00 pa. This large and imposing unbroken Freehold has the added benefit of a communal rear garden.
Tenancies 14 CHURCH WALK
Flat 1 - £660pcm
Flat 2 - £650pcm
Flat 3 - £725pcm
Flat 4 - £525pcm
Flat 5 - £650pcm
Flat 6 - £750pcm
Flat 7 - £895pcm
Total - £4,855pcm / £58,260pa
16 CHURCH WALK
Flat 1 - £700pcm
Flat 2 - £670pcm
Flat 3 - £850pcm
Flat 4 - £750pcm
Flat 5 - £650pcm
Flat 6 - £795pcm
Flat 7 - £815pcm
Total - £5,230pcm / £62,760pa
Please contact the office for further AST information
Accommodation The property has the following approximate Net internal floor areas
14 CHURCH WALK
Flat 1 - 19 sq.m. ; Flat 2 - 17 sq.m.; Flat 3 - 32 sq.m.
Flat 4 - 30 sq.m.; Flat 5 - 17 sq.m.; Flat 6 - 27 sq.m.
Flat 7 - 30 sq.m.
TOTAL - 172 sq.m.
16 CHURCH WALK
Flat 1 - 20 sq.m. ; Flat 2 - 17 sq.m.; Flat 3 - 33 sq.m.
Flat 4 - 24 sq.m.; Flat 5 - 17 sq.m.; Flat 6 - 27 sq.m.
Flat 7 - 30 sq.m.
TOTAL - 168 sq.m.
EPC's 14 CHURCH WALK
Flats 1, 2, 3 - D; Flats 4&7 - E; Flats 5&6 - C
16 CHURCH WALK
Flats 1, 2, 3&4 - D; Flats 5&6 - C; Flats 7 - E
Council Tax The whole building is Band G