Guide price
£325,000
2 bed flat for saleCrabtree Lane, Lancing BN15
2 beds
1 bath
1 reception
EPC Rating: C
- Freehold
Avard Estate Agents
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About this property
Freehold Building
Central Lancing
Total Income £24,000 Per Annum
Great Investment
Shop With 17 year Lease With No Break Clause
2 Bed Maisonette
Rear Garden
Shop & Maisonette Together
Guide Price £325,000-£350,000
Nestled in the heart of Central Lancing, this charming apartment on Crabtree Lane offers a delightful blend of comfort and convenience. Built in 1935, the property exudes character while providing modern living essentials.
The property is a 2 bedroom maisonette with a garden and shop which has a lease signed up for 17 years with no break clause. This is an excellent investment in that regard and produces £24,000 a year currently which would give you a yield of 7.4%.
The apartment features a welcoming reception room, perfect for relaxation or entertaining guests. With two well-proportioned bedrooms, it is ideal for small families, couples, or individuals seeking extra space. The bathroom is thoughtfully designed, ensuring both functionality and comfort.
One of the standout features of this property is its prime location. Being in Central Lancing means you are just a stone's throw away from local shops and amenities, making daily errands a breeze. The vibrant community atmosphere adds to the appeal, providing a sense of belonging and ease of access to everything you need.
This apartment is a rare find, combining historical charm with modern convenience in a sought-after area. Whether you are looking to make it your home or an investment opportunity, this property on Crabtree Lane is certainly worth considering.
Under the terms of the Estate Agency Act 1979 (section 21) please note that the Vendor of this property has an affiliation or connection with Avard Estate Agents.
Disclaimer
All interested parties must verify accuracy with your solicitor, your solicitor also must verify lease and tenure information, where the property has been extended/converted, planning/building regulations consents and fixtures and fittings. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. The information provided about this property does not constitute or form part of an offer or contract, nor maybe it be regarded as representations. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
These particulars are believed to be correct, but their accuracy is not guaranteed. They do not form part of any contract.
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