3 bed terraced house for sale

Warwick Road, Worthing BN11

This is an exceptional opportunity to acquire a freehold investment property exclusively available through Mansell McTaggart, comprising three well-presented one bedroom apartments, each with long leases and established tenants in situ. The property offers a strong gross annual income of £38,100, reflecting a circa 6 percent yield, making it an ideal addition to any existing investment portfolio. Each apartment is in good condition, having been professionally let and managed, ensuring minimal immediate maintenance and continued tenant satisfaction. The ground floor apartment is currently let for £975.00 per calendar month, the first floor flat achieves £1,150.00 per calendar month, and the top floor flat is let for £1,050.00 per calendar month, providing a reliable and diversified rental stream. The building also benefits from a basement level with significant potential (subject to planning permission) to convert into a further dwelling, offering the possibility of enhancing both the capital value and the rental yield in the future. The existing tenancies and professional management arrangements offer a seamless transition for any investor seeking a hassle-free acquisition. The property’s configuration, with three self-contained one bedroom units, appeals to a broad tenant base and supports strong occupancy rates. This rare investment opportunity is well suited to both seasoned landlords seeking to grow their portfolio and new investors looking to secure a high-yielding asset with room for future value uplift. With its desirable income profile, potential for further development, and exclusive availability through Mansell McTaggart, this property represents a secure and attractive proposition for discerning buyers seeking consistent returns and long-term growth.