INVESTMENT OPPORTUNITY - an opportunity to acquire this modern end-of-terrace house which has a fixed term tenancy in place until December 2020. There is an Assured Shorthold Tenancy Agreement in place with the rent set at £875pcm which works out as a 5% yield on the initial investment.
The properties accommodation comprises of an entrance hall with stairs to first floor, fitted kitchen (appliances not included in tenancy), a large dual aspect lounge / diner with under stair cupboard and access to garden. On the upper floor the landing provides access to two double bedrooms and a re-fitted bathroom/w.c.
Externally there is a larger than average lawned garden of irregular shape with a paved patio area adjacent to the house, there is also a side access gate. To the front of the property there is two allocated car parking spaces.
Smallcroft Close is a small cul-de-sac of modern houses situated within close proximity to The River Arun, Littlehampton. All local amenities including Littlehampton Railway Station (within 200m), town centre (within 300m) and seafront (within 900m) are all easily accessible by foot.
Littlehampton Railway Station provides transport link to London Victoria, Brighton, Portsmouth and more locally Arundel and Chichester.
KITCHEN10' 0" x 6' 7" (3.05m x 2.01m)
LOUNGE/DINER16' 7" x 13' 1" (5.05m x 3.99m)
BEDROOMONE13' 1" x 9' 5" (3.99m x 2.87m)
BEDROOMTWO13' 1" x 8' 9" (3.99m x 2.67m)
BATHROOM/W.C8' 2" x 6' 1" (2.49m x 1.85m)
Property Being Sold With A Tenancy In Place
Current Tenant Paying £875pcm - Potential 5% Yield