Flats B & C, 46 New Road, Shoreham-By-Sea, West Sussex
For Sale £395,000 Guide Price
Size 78 Sq M ( 840 Sq Ft)
  • Two 2x Bed Flats on AST's
  • Two flats sold off on longlease
  • Excellent location
  • Overlooking River Adur
Property Description
The property comprises of a block of 4x flats with two sold off on long-leases and two 2x bed flats let on AST's. The current income is £890pcm & £790pcm total current income is £20,160 per annum, with the potential to improve both rents in the current market.

The external and communal areas have all just been redecorated, each flat has its own meter for water and electricity. There are up-to-date EICR's for each flat along with EPC's.

Flat B Ground Floor - 2 Bed 46sqm £890pcm
Flat C First Floor - 2 Bed 39sqm £790pcm

The building would make an excellent investment for someone looking for a straight forward buy to let property.
Agent Details
Richard Lowrey