£350,000
2 Bedroom Apartment Flat
Crabtree Lane, Lancing, BN15
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)
Interested?
Call: See phone number 01903 947 337
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.
Useful Statistics In Your Area
We have collected some useful information to help you learn more about your area and how it may affect it's value. This could be useful for those already living in the area, those considering a move or a purchase of a buy-to-let investment in the area.
Property Location
Property Street View
Price History
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 |
Mortgage Calculator
Calculate the cost of a mortgage for your new home based on available data.
Get an Instant Offer
Looking to sell quickly. OneDome's Instant Offer service can get you a cash offer within 48 hours and money in the bank in as little as 7 days. Giving you speed and certainty.
Find the best Estate Agents
Need to sell and want the best agent? Compare your local agents from thousands nationwide. Get no-obligation quotes immediately just by entering your postcode.