Summary - Antonia Court Antonia Court Terminus Road, Littlehampton BN17 5BS
1 bed 1 bath House
**Standout Features:**
- Freehold residential investment opportunity with planning permission for 8 new flats.
- Current composition of 15 flats, with varied lease lengths (5 flats have 57 years left, 3 flats have 83 years).
- Ground rent income of £210 per annum.
- Located in a highly popular central area, close to amenities and mainline railway station.
- Potential for significant reversionary value.
**Concerns:**
- The 57-year leases may hinder mortgage financing for some buyers.
- The area has a high crime rate and is classified as very deprived.
Discover a prime investment opportunity in the heart of Littlehampton with this freehold residential property, incorporating 15 flats and generous planning permission for an additional 8 units. Ideal for investors, this property is strategically located near amenities, schools, and the mainline railway station, ensuring strong rental demand and future growth potential. The existing flats feature traditional brick facades and benefit from various remaining lease durations, though the 57-year leases may pose challenges for mortgage applications.
Despite some concerns regarding lease lengths and the local area's socioeconomic conditions, the anticipated future reward from the granted planning permission for additional flats highlights the substantial upside to this investment. With an attractive current ground rent income, whether you're expanding your portfolio or entering the real estate market, don't miss out on this unique opportunity—properties of this nature and potential are seldom available for long.
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