£450,000 /Sale price

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.