9 Bed │ 9 Bath │ 9 Rec
Guide Price £700,000
Key features
Full description
This freehold investment opportunity presents a substantial building comprising 8 units, one of which is a detached bungalow to the side of the building, situated in close proximity to the beach. The property offers significant potential for improvement, as both the building and individual units would benefit from updating in order to maximise rental income. The layout includes a top floor flat that boasts attractive sea views, and all residents benefit from communal outside space and a private storage shed. This property is well suited to investors seeking a project with excellent long-term prospects in a sought-after coastal location.
Externally, the property offers a communal garden to the rear, mainly laid to stone, providing a low-maintenance space for residents to enjoy. A circular raised area adds interest to the garden, while a hard-standing and decked area offer further versatility for outdoor activities. Each unit is allocated its own shed for storage space, ideal for bicycles or garden equipment. To the front of the building, there are parking spaces, and a brick-built flower bed could be removed to create a another parking space if desired. The arrangement of the outside space ensures practicality and convenience for residents, while the proximity to the seafront enhances the overall appeal of this investment property.
The owners unit is not accounted for on the floor plan but have measurements of an open plan living area/kitchen - 3.52m x 3.62m, bedroom - 2.33m x 1.92m and a shower room.
Situation
Council Tax Band: A
Tenure: Freehold
EPC Rating: D
Why live in Selsey?
It may be classed as a town, but Selsey is still a seaside village at heart and, whether you’re looking for a dream home by the beach, a place to indulge your passion for watersports or a quiet retreat away from the hustle and bustle of life, Selsey has it all.
The old town in the south east quarter is known for its charming historic properties, including 17th century thatched houses while you’ll find many large and secluded homes offering stunning views of the water by the seafront. The north of Selsey has many 1970s style properties with more substantial, semi-rural homes set around them.