Located off Arundel Drive this property on Pevensey Road is offered for Sale by Taylors at an advertised Price of £250,000.
It offers Three good sized Bedrooms, a Decent Lounge/Diner and reasonable sized Kitchen. A Second Reception room downstairs gives further flexibility to the living space. A Large driveway for 2 Cars with side access leading to Good Sized Rear Garden.
What I like about this Property is it flexibility.
Firstly, it would make a very nice Family home in a nice quiet central location.
If you were an Investor it could be let as a Family Home for about £895 pcm. A reasonable 4.25% could be achieved.
However, if you were use the second downstairs Reception Room as another Bedroom you could Attract Sharers/Students. Room Rates could be charged and a much more attractive £1200 could be achieved giving a return closer to 6%.
Worth looking at considering proximity to University. Employing a good Managing Agent is an imperative though!
Its a shame that Taylors haven’t bothered with more Photos……