This two bedroom flat would make an ideal first purchase or investment property and is being offered at a very competitive price to allow for necessary cosmetic updating. Other flats in the same block are being marketed at £200,000 so you could save £30,000 and put your own stamp on the property!
The spacious accommodation comprises a bright 17' living room with an attractive west facing bay window with downland views and sea glimpses, separate fitted kitchen that does need some updating with a door to the communal balcony that has far reaching views to the coast, two good sized bedrooms and bathroom with separate WC. The property has also had the roof and balcony railings renewed recently.
Situated in South Street, just minutes from the seafront Lincoln Court is also within easy walking distance of Lancing village facilities and mainline station with commuter services to London Victoria. The property has been successfully let recently and we understand the gross yield exceeded 5%. We also understand the lease can be extended and Yopa recommends an early viewing to prevent disappointment by booking online 24/7 or by calling our central booking team.
Lease: 79 years unexpired Ground Rent £200 p.a. Service Charge approx £1,100 p.a. Council Tax Band: B £1,485 2019/20
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