37 Vernon Terrace
Brighton
Sussex
BN1 3JH
Church Walk, Worthing
Offers Over £1,100,000
14 Bedroom Investments Residential
- Two Adjoining Freehold Properties
- Arranged as 14 Flats
- Outskirts of Worthing Town Centre
- Producing approximately £121,020.00pa
14x Flats Approximately Producing £121,020,000pa
Freehold Arranged as 14xFlats, Producing Approximately £121,020.00pa
Description
A unique opportunity to acquire, two adjoining freehold properties on Church Walk, Worthing. The properties are arranged as 13 x self-contained flats and 1 x non-self-contained flat. All 14 flats are currently let producing an income of approximately £121,020.00 pa. This large and imposing unbroken Freehold has the added benefit of a communal rear garden.
Situation
Church Walk is located on the outskirts of Worthing Town Centre and approximately 1 minute from the seafront and Worthing Hospital. The town centre which offers an array of cafes, bars, shops and restaurants is within a 10 minute walk from the property, both Worthing mainline and East Worthing train stations are within easy reach by foot or by car.
Accommodation
The property has the following approximate Net internal floor areas:-
14 CHURCH WALK
Flat 1 - 19sq.m.
Flat 2 - 17 sq.m.
Flat 3 - 32 sq.m.
Flat 4 - 30 sq.m.
Flat 5 - 17 sq.m.
Flat 6 - 27 sq.m.
Flat 7 - 30 sq.m.
TOTAL - 172 sq.m.
16 CHURCH WALK
Flat 1 - 20 sq.m.
Flat 2 - 17 sq.m.
Flat 3 - 33 sq.m.
Flat 4 - 24 sq.m.
Flat 5 - 17 sq.m.
Flat 6 - 27 sq.m.
Flat 7 - 30 sq.m.
Total Floor Area - 168 sq.m.
EPC's
14 CHURCH WALK
Flat 1 - D
Flat 2 - D
Flat 3 - D
Flat 4 - E
Flat 5 - C
Flat 6 - C
Flat 7 - E
16 CHURCH WALK
Flat 1 - D
Flat 2 - D
Flat 3 - D
Flat 4 - D
Flat 5 - C
Flat 6 - C
Flat 7 - E
Council Tax
The whole building is Band G
Tenancies
14 CHURCH WALK
Flat 1 - £660.00pcm
Flat 2 - £650.00pcm
Flat 3 - £725.00pcm
Flat 4 - £525.00pcm
Flat 5 - £650.00pcm
Flat 6 - £750.00pcm
Flat 7 - £895.00pcm
Total - £4,855pcm / £58,260pa
16 CHURCH WALK
Flat 1 - £700.00pcm
Flat 2 - £670.00pcm
Flat 3 - £850.00pcm
Flat 4 - £750.00pcm
Flat 5 - £650.00pcm
Flat 6 - £795.00pcm
Flat 7 - £815.00pcm
Total - £5,230pcm / £62,760pa
VAT & Legal Fees
We understand the property is not elected for VAT. Each party to bear their own legal costs incurred.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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