Terminus Road, Littlehampton
Property Features
- Freehold Ground Rent Investment with Planning Permission for 8 New Flats
- Ground Rent Income and Significant Lease Extension Reversionary Value
- 5 Flats with 57 Year Unexpired Leases
- 3 Flats With 83 Year Unexpired Leases
- Extremely Popular Central Location
Property Summary
Full Details
Freehold Ground Rent Investment with Planning Permission Granted for 8 New Flats
Freehold residential Investment comprising of 15 flats, all sold off on long leases with significant reversionary value as there are:
5 flats with 57 year unexpired leases
3 flats with 83 year unexpired leases
The current ground rent income we are advised is £210 per annum
In addition, on the 8th October 2024 under appeal reference number APP/C3810/W/24/3346379, planning permission was granted for an additional 2 floors to be built on the existing roof comprising of 8 flats with the configuration being:
2 x Studio Flats
5 x 1 Bedroom Flat
1 x 2 Bedroom Flat
To view the original planning application under reference number LU/305/23/PL please visit
Located within this popular location close to the town centre and mainline railway station close to just about everything anyone might require.
The freehold is being sold subject to the provisions of Section 5a of the Landlord & Tenant Act 1987.
Fees Payable