Property Summary

An unusual opportunity to acquire this substantial freehold property, which has been converted into 10 self-contained units producing approximately £87,240 pa, and 15 garages producing approximately £11,955.96 pa. Wellesley Court offers extensive grounds with car parking to the rear and the opportunity to add further units (subject to necessary consents).
Rent Flat 1 - £775pcm
Flat 2 - £600pcm (Holding over)
Flat 3 - £775pcm
Flat 4 - £700pcm
Flat 5 - £760pcm
Flat 6 - £750pcm
Flat 7 - £750pcm
Flat 8 - £675pcm
Flat 9 - £760pcm
Flat 10 - £725pcm
Tenure Freehold

lot type

Residential

situation

Wellesley Court is situated on Fitzalan Road within East Street Conservation Area and just minutes from Littlehampton seafront and promenade. Littlehampton town centre is just under half a mile away offering a range of shops, cafes and restaurants. Littlehampton mainline railway station is just over half a mile away (London Victoria 106 minutes).

accommodation

GROUND FLOOR
Flat 1 - 66 sq.m.
Flat 2 - 84 sq.m.
Flat 3 - 57 sq.m.
Flat 4 - 69 sq.m.
FIRST FLOOR
Flat 5 - 53 sq.m.
Flat 6 - 80 sq.m.
Flat 7 - 84 sq.m.
TOP FLOOR
Flat 8 - 47 sq.m.
Flat 9 - 62 sq.m.
Flat 10 - 62 sq.m.
Total - 664 sq.m.
Council Tax Flats 3, 4 & 8 - Band A
Flats 1, 2, 5, 6, 9 & 10 - Band B
Flat 7 - Band C
EPC Rating Flats 2, 3, 4, 5, 6, 7 & 10 - D
Flats 1, 8 & 9 - E

private treaty - sale status

SOLD BY AUCTION 2023

type

SOLD BY AUCTION FEBRUARY 2023
Freehold investment producing £99,195.96 per annum, arranged as 10 flats and 15 garages with development potential

description

An unusual opportunity to acquire this substantial freehold property, which has been converted into 10 self-contained units producing approximately £87,240 pa, and 15 garages producing approximately £11,955.96 pa. Wellesley Court offers extensive grounds with car parking to the rear and the opportunity to add further units (subject to necessary consents).
Rent Flat 1 - £775pcm
Flat 2 - £600pcm (Holding over)
Flat 3 - £775pcm
Flat 4 - £700pcm
Flat 5 - £760pcm
Flat 6 - £750pcm
Flat 7 - £750pcm
Flat 8 - £675pcm
Flat 9 - £760pcm
Flat 10 - £725pcm
Tenure Freehold