Lot 99: FREEHOLD RESIDENTIAL INVESTMENT

Available At £155,000 + Fees
23 Canterbury Road, Worthing, West Sussex. BN13 1AQ

Currently let at £8,340 per annum

Applicants may view the lot externally only

01273 504232

Richard Payne

This freehold investment is arranged as two self-contained flats over two floors.

The ground floor flat, in this terraced property, is sold on a long lease and the first floor flat is let on an Assured Shorthold Tenancy at £695 per calendar month.

Canterbury Road is situated in this popular residential location in West Worthing close to the station, comprehensive local shopping facilities and amenities. The town centre with its seafront is located just over a mile to the south with excellent road links to all surrounding areas via the nearby A27/A259.

Ground Floor

Tenure

Sold under the terms of a 189 year lease, from 20th October 1972, at a peppercorn annual ground rent.

First Floor

Own street access from rear. Kitchen, bathroom/W.C., stairs to inner hallway, access to loft space, living room and two bedrooms.

Outside

Private south facing lawned rear garden.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £695 per calendar month.

Residential EPC: E

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The map and satellite images are based on postcode information and are available for for directions only. The may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.