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

Semi-detached, three storey property, currently let as a house of multiple occupancy. The accommodation comprises an open plan communal kitchen/living room, 6x bedrooms, 3x with en-suite shower rooms. In addition the property offers a communal shower room and separate cloakroom. *Please note the property is not standard construction* Situation 2A Newland Street, occupies a central location within easy walking distance of Worthing town centre and the seafront. The property is conveniently situated close to a wide range of shops, cafés, restaurants and other local amenities. Worthing mainline railway station is located approximately 0.5 miles from the property, (Worthing to London London Victoria 1hr 20). 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.