Wellesley Court, Fitzalan Road, Littlehampton, West Sussex
Investment
For Sale £1,250,000 Guide Price
Size 659 Sq M ( 7093 Sq Ft)
  • Unbroken freehold Investment
  • Potential capital & rental uplift
Property Description
The property comprises a three storey freehold block of 10x converted flats ,with a separate block of garages at the rear of the building, the property also has extensive grounds around it to the front of the building, surrounded by a flint wall.

There are 7x two bedroom flats, 1x one bedroom flat and 2x three bedroom flats as well as 10x garages, the building is currently fully let and income producing, with all tenants on AST's, a full tenancy schedule is available on request.

Flat 1 - 66sqm - £750pcm
Flat 2 - 84sqm - £500pcm
Flat 3 - 54sqm - £670pcm
Flat 4 - 69sqm - £700pcm
Flat 5 - 53sqm - £725pcm
Flat 6 - 80sqm - £695pcm
Flat 7 - 84sqm - £750pcm
Flat 8 - 45sqm - £625pcm
Flat 9 - 62sqm - £725pcm
Flat 10 - 62sqm - £725pcm
Total £6,865pcm / £82,280pa

8x of the garages are let producing £462pcm / £5,544pa bringing the total rent roll to £87,824 per annum.
Agent Details
Richard Lowrey
01273-037194