£350,000

2 Bedroom Apartment Flat

Crabtree Lane, Lancing, BN15

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First listed on: 25th April 2024

Nearest stations:

  • Lancing (0.3 mi)
  • East Worthing (1.7 mi)
  • Shoreham-by-Sea (2.1 mi)
  • Worthing (2.6 mi)
  • West Worthing (3.3 mi)

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Call: See phone number 01903 947 337

Property Features

  • Freehold Building
  • Comprising Shop and Two Bedroom Maisonette Above
  • £12,000 per annum Rental Income from Shop
  • £15,000 per annum Potential Income for Maisonette
  • Ideal Investment

Property Description

Situated within the heart of Lancing, we are delighted to present this rare opportunity of a freehold building which boasts a unique combination of a ground-floor shop and a two-bedroom maisonette above. This property offers an ideal investment opportunity for those looking to enhance their property portfolio without the hassle of an onward chain.

The ground floor of this freehold building comprises of a newsagent which generates an impressive rental income of £12,000 per annum and the current tenant has 18 years remaining on the lease. The shop enjoys a prime location making it a lucrative venture for potential investors seeking a steady return on investment in the retail sector.

Ascending to the upper level of the property, you will find a delightful two-bedroom maisonette that presents an opportunity for additional income, with a potential rental yield of £15,000 per annum. The flat currently benefits from an enclosed rear garden.

Lancing is a sought-after location known for its vibrant community spirit, excellent transport links, and a plethora of local amenities, including shops, restaurants, and recreational facilities.

With its impressive rental income potential and desirable location, this property is not to be missed. Contact us today to arrange a viewing and explore the endless possibilities that this exceptional property has to offer.

Property Features

  • Freehold Building
  • Comprising Shop and Two Bedroom Maisonette Above
  • £12,000 per annum Rental Income from Shop
  • £15,000 per annum Potential Income for Maisonette
  • Ideal Investment

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Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
26/04/2024 Property listed at £350,000

Disclaimer

Disclaimer Property reference A65718E0CE06A9_dfe9ce4d-a6a9-4ddb-bbce-31d2622fc01c. Details are provided and maintained by Pear Properties. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by:
Pear Properties, Lancing

20 Crabtree Lane,

Lancing

West Sussex

BN15 9PQ

Tel: See phone number 01903 947 337

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability

Disclaimer

Disclaimer Property reference A65718E0CE06A9_dfe9ce4d-a6a9-4ddb-bbce-31d2622fc01c. Details are provided and maintained by Pear Properties. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by:
Pear Properties, Lancing

20 Crabtree Lane,

Lancing

West Sussex

BN15 9PQ

Tel: See phone number 01903 947 337

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability
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