This property has been taken off the market.
7 Bed House For Sale Warwick Gardens, Worthing, BN11
£850,000
1 of 1
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Last Updated: 28th March 2024
Description
Freehold Residential Investment Located In Central Worthing - Currently Producing £59,160pa. Estimated Rental Value £63,600pa*. Potential To Extend Into The Roof Space, Subject To Consent.
Freehold Residential Investment Located In Central Worthing - Currently Producing £59,160pa. Estimated Rental Value £63,300pa*. Potential To Extend Into The Roof Space, Subject To Consent.
Description - Warwick Gardens is a substantial, terraced freehold property situated in central Worthing. The property is arranged as 7 self contained apartments, with a communal garden to the rear and parking to the front for multiple vehicles. All 7 units are currently let producing an income of approximately £59,160 pa. There is potential to extend into the roof space, subject to the necessary consents - interested parties must rely upon their own enquiries.
23 & 25 Warwick Gardens can be purchased as individual Freehold's subject to negotiation.
Situation - The property is situated in Warwick Gardens, within a 3-4 minute walk of Worthing town centre and seafront, along with Worthing hospital which is just over half a mile away. Worthing mainline railway station is less than a mile from the property (London Victoria 84 minutes).
Existing Rent - Current rent approximately £59,160 per annum
Estimated Market Rent - Estimated market rental value £63,300 per annum
* This is our opinions of the estimated market rental value, purchasers to satisfy themselves on this element.
Total Gia - 23 Warwick Gardens - 109 sq.m.
25 Warwick Gardens - 111 sq.m.
220 sq.m. (2,368 sq.ft)
Tenure - Freehold
Freehold Residential Investment Located In Central Worthing - Currently Producing £59,160pa. Estimated Rental Value £63,300pa*. Potential To Extend Into The Roof Space, Subject To Consent.
Description - Warwick Gardens is a substantial, terraced freehold property situated in central Worthing. The property is arranged as 7 self contained apartments, with a communal garden to the rear and parking to the front for multiple vehicles. All 7 units are currently let producing an income of approximately £59,160 pa. There is potential to extend into the roof space, subject to the necessary consents - interested parties must rely upon their own enquiries.
23 & 25 Warwick Gardens can be purchased as individual Freehold's subject to negotiation.
Situation - The property is situated in Warwick Gardens, within a 3-4 minute walk of Worthing town centre and seafront, along with Worthing hospital which is just over half a mile away. Worthing mainline railway station is less than a mile from the property (London Victoria 84 minutes).
Existing Rent - Current rent approximately £59,160 per annum
Estimated Market Rent - Estimated market rental value £63,300 per annum
* This is our opinions of the estimated market rental value, purchasers to satisfy themselves on this element.
Total Gia - 23 Warwick Gardens - 109 sq.m.
25 Warwick Gardens - 111 sq.m.
220 sq.m. (2,368 sq.ft)
Tenure - Freehold
Agent Details
Austin Gray
37 Vernon Terrace, Brighton, BN1 3JH
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.