Freehold 6x Bedroom HMO - Producing £48,600 PA

Semi-detached, three storey property, currently let as a house of multiple occupancy. The property comprises of an open plan communal kitchen/living room, 6x bedrooms, 3x with en-suite shower rooms. The property also benefits from a communal shower room on the first floor, and W/C on the second floor. *Please note the property is not standard construction* Situation The property is situated in a central location, within walking distance of the seafront & town centre with its array of shops, cafes and local amenities. Worthing mainline station is approximately half a mile from the property. Accommodation Living Room/Kitchen - 4.9 x 3.3 Room 1 - 4.2 x 2.1 (with en-suite) Room 2 - 4.2 x 2.5 (with en-suite) Room 3 - 3.4 x 2.5 Room 4 - 4.2 x 2 (with en-suite) Room 5 - 4 x 3.5 Room 6 - 4.7 x 3 Communal Shower Room - 1.7 x 1.3 WC - 2.2 x 0.9 Total Floor Area - 125 sq.m (taken from the EPC) 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 HAVE READ THE LEGAL PACK AND SPECIAL CONDITIONS THOROUGHLY Tenancy The building is let at £48,600 per annum on a 5 year FRI lease - from 1st October 2024, expiring 31st September 2029. Council Tax - D EPC Rating - B

Lot Type

Freehold Residential Investment

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.