£1,200,000
7 Bedroom Commercial Property
Manor Road, Worthing, BN11
First listed on: 16th May 2024
Nearest stations:
- Worthing (0.4 mi)
- West Worthing (0.5 mi)
- Durrington-on-Sea (1.2 mi)
- East Worthing (1.4 mi)
- Goring-by-Sea (2.2 mi)
Interested?
Call: See phone number 01903 532225
Property Description
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 1
Large one bedroom ground floor flat with plenty of period features, currently let at ?723.60pcm. Estimated rental value ?950pcm.
Flat 2
Large one bedroom ground floor flat currently let at ?740pcm. Estimated rental value of ?950pcm.
Flat 3
One bedroom ground floor flat with private side entrance currently let at ?715pcm. Estimated rental value ?900pcm.
Flat 4
One bedroom first floor flat currently let at ?736.66pcm. Estimated rental value ?900pcm.
Flat 5
One bedroom first floor flat recently refurbished currently let at ?850pcm. Estimated rental value ?900pcm.
Flat 6
One bedroom first floor flat currently let at ?715pcm. Estimated rental value ?900pcm.
Flat 7
One bedroom second floor flat currently let at ?675pcm. Estimated rental value ?800pcm.
Shared Ownership: No
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Price History
Listed prices are those submitted to us and may not reflect the actual selling price of this property.
Date | History Details |
---|---|
17/05/2024 | Property listed at £1,200,000 |
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