This property is no longer available
£1,200,000

7 bedroom property for sale

Worthing, BN11
property property
bedrooms 7 bedrooms
property_incontent_1

Property description

INVESTMENT OPPORTUNITY! We are delighted to offer a truly remarkable property that offers a unique opportunity for investment.This stunning detached house built in 1907 has been cleverly converted into seven self-contained flats, offering versatility and potential for a lucrative return. With a generous 4,513 sq ft of living space, this property exudes grandeur and elegance. The communal gardens provide a peaceful retreat, while the off-road parking and garage ensure convenience for residents.Steeped in history, this property features charming period details that add character and charm to the space. Situated in a desirable location, this property not only offers a unique investment opportunity but also the chance to own a piece of history. Don't miss out on the chance to own this exceptional property in Manor Road - a true gem in the heart of Worthing.This fantastic property full of period features would make a great addition to your portfolio with a current annual income of ?61,863 with potential to increase this to ?75,000-?80,000 per annum with some internal modernisation.The plot size stands at approx 0.2 acres.The property next door is also available at 0.1 acres enquire for further information.Flat 1Large one bedroom ground floor flat with plenty of period features, currently let at ?723.60pcm. Estimated rental value ?950pcm.Flat 2Large one bedroom ground floor flat currently let at ?740pcm. Estimated rental value of ?950pcm.Flat 3One bedroom ground floor flat with private side entrance currently let at ?715pcm. Estimated rental value ?900pcm.Flat 4One bedroom first floor flat currently let at ?736.66pcm. Estimated rental value ?900pcm.Flat 5One bedroom first floor flat recently refurbished currently let at ?850pcm. Estimated rental value ?900pcm.Flat 6One bedroom first floor flat currently let at ?715pcm. Estimated rental value ?900pcm.Flat 7One bedroom second floor flat currently let at ?675pcm. Estimated rental value ?800pcm.
Read more
property_header

Property photos

property_incontent_2

Council tax

Ask agent

First listed

Over a month ago

Worthing, BN11

Placebuzz mortgage repayment calculator

Property price£
Deposit£
Interest rate%
Repayment period
Monthly repayment

The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

View all property for sale in Worthing

Worthing, BN11 - Streetview

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Open House. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Open House for full details and further information.
property_vrec_1