- SPACIOUS GARDEN +
- DOWNSTAIRS BATHROOM +
- CELLAR +
- UTILITY ROOM +
ATTENTION INVESTORS: RARE FREEHOLD OPPORTUNITY WITH SIGNIFICANT UPSIDE POTENTIAL IN PRIME LOCATION!
We are delighted to present an exceptional investment opportunity to acquire a substantial ground floor flat, boasting over 2,000 sq ft of versatile floor space, alongside the highly coveted FREEHOLD for the entire building.
This unique offering provides not only a magnificent expansive living or rental unit but also control over a well-established residential block comprising five additional flats.
Key Investment Highlights:
Substantial Ground Floor Flat (Over 2,000 sq ft): This impressive unit offers immense potential for various uses, including:
Premium Residential Letting: Command top-tier rental income in a desirable area.
Owner Occupation: A spacious and elegant home with additional income streams from the upper flats.
Potential for Reconfiguration (STPP): Explore possibilities for creating multiple units or a grand singular residence, subject to necessary planning permissions.
FREEHOLD Ownership of Entire Building: This is a truly significant advantage, providing:
Long-Term Control & Security: Full control over the management, maintenance, and future development of the property.
Ground Rent Income: Benefit from ongoing ground rent payments from the leasehold flats.
Capital Appreciation: Maximise the value of the entire asset over time.
Immediate Lease Renewal Opportunities: Two of the five upper flats require lease renewals. This presents an immediate opportunity to:
Generate Substantial Premiums: Secure valuable lump sums from lease extensions.
Increase Ground Rents: Negotiate favourable terms for future income.
Enhance Asset Value: Renewed leases significantly increase the market value of the individual flats and the overall freehold.
Established Income Stream: Benefit from existing rental income from the other three leasehold flats, providing immediate returns on your investment.
Prime Location: Situated in the highly sought-after Littlehampton, offering excellent transport links, amenities, and strong tenant demand.
This is a strategic acquisition for investors looking to:
Diversify their portfolio with a high-value, income-generating asset.
Capitalise on immediate value-add opportunities through lease renewals.
Secure long-term capital growth through freehold ownership.
Acquire a significant footprint in a desirable property market.
Serious enquiries are invited from qualified investors.
Do not miss this rare chance to own a substantial piece of real estate with considerable upside potential.