Leasehold 3 x Bedroom Maisonette Producing £11,600 PA

Leasehold first and second floor maisonette near Worthing Station. The property comprises; living room, kitchen/dining room, bathroom and bedroom. With 2 bedrooms on the second floor. Situation The property is situated on South Farm Road, with good local amenities nearby. Worthing town centre and seafront are just under a mile away. Bus links and Worthing Station is just a 3 minute walk (London Victoria 84 minutes). Accommodation First Floor Living Room - 5.16 x 2.87 m Kitchen/Dining Room - 4.74 x 3.46 m Bedroom 2 - 3.18 x 2.62 m Bathroom - 2.10 x 1.75 m Second floor Bedroom 1 - 4.09 x 2.82 m Bedroom 3 - 3.13 x 2.66 m Total Floor Area 50 sq.m. (taken from EPC) Location Pin (What3Words): either.invite.bricks https://w3w.co/either.invite.bricks NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, AND OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY Tenure Leasehold - 99 year lease, from 25 March 1997 (approximately 69 years remaining). Ground rent - £25/£50/£100/£200 - doubling every 25 years Tenancies Let on an Assured Shorthold Agreement, from the 1st August 2020, for 12 months - tenant is holding over. Current rent of £970 pcm. Council Tax - Band A EPC Rating - D

Lot Type

Leasehold Flat

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration fee of 1% (inc VAT) of the sale price, subject to a minimum of £1,750 (inc VAT)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.