£850,000
Byron Road, Worthing, BN11
- 0 beds
£850,000
- 0 beds
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Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
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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.
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