Under Offer
5
For Sale

Lennox Road, Worthing

1,382 Sq Ft
£495,000
  • Ref: 229079
  • Availability: Under Offer
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Property Features

  • Online Auction Lot
  • Fully Let Producing £50,640PA
  • Freehold

Property Summary

FOR SALE 6x Bed HMO Investment
Guide Price £495-525,000

Full Details

Freehold end of terrace self-contained HMO investment 6x Bedrooms all let on AST's with their own en-suite shower rooms & toilet. The building has gas central heating with double glazing throughout, with communal kitchen / dining room.

There is an off road parking space, which could be let with potential to produce circa £50pcm/ £600 per annum. The property is located off the main seafront road, just outside Worthing town centre with easy access to all transport links.

*Room 1 £725
*Room 2 £650
*Room 3 £775
*Room 4 £650
*Room 5 £695
*Room 6 £725
TOTAL £4,220 PCM/£50,640 Per Annum

Outgoings (Approximately/ Vendor Advised)
*Council Tax £120pcm
*Water £35pcm
*Gas & Elec £250pcm
*WIFI £25pcm
*Cleaning £50pcm
TOTAL £480 PCM/£5,760 Per Annum

Approximate Net Income.
*Monthly £3,740
*Per Annum £44,880pa

Viewings
Viewings can be arranged via the Vendors Sole Agent - Newlands Property

Terms
Online Auction Guide Price - £495-525,000 please refer to legal pack for full terms.

Available Area

Name/FloorSq FtSq MAvailability
g 69164.20Available
1st 69164.20Available
Total1,382128.39