2 bed Flat For Sale £300,000
Regnum Place, South Street, Chichester PO19

Tenanted investment property - not suitable for owner-occupiers

This luxurious apartment is located in the Regnum Place development in Chichester. This apartment is offered unfurnished and comprises of a spacious living and dining area with a fitted kitchen including appliances; 2 double bedrooms with an en-suite for the master; and a bathroom complete with a 3-piece suite and a shower over the bath. This apartment has a bright and modern decor with solid oak doors throughout. Residents of Regnum Place also benefit from an allocated parking space and a secure entry system.

Regnum Place is in an ideal location with Chichester's city centre right on its doorstep. Chichester is a beautiful and historic city with a wide range of fantastic amenities to enjoy. As well as offering countless independent and high street shops, bars, restaurants and cafes, Chichester is also home to many museums, theatres, art galleries and cinemas. Chichester has plenty of picturesque countryside to explore and West Wittering Beach is only a 20 minute drive away, offering incredible views and for the more adventurous people, watersports activities including surfing, kayaking and paddleboarding. There is truly something for everyone in this city.

Reasons to invest:
- West Sussex is the chosen business location for large companies such as Rolls Royce, Virgin Atlantic and Siemens UK.
- London Gatwick Airport is only 55 minutes away, another major employer in the area.
- House prices in Chichester have increased by 12.09% in the last 5 years (Zoopla, August 2019)

Financial Breakdown

Gross rent: £12,000
Ground rent: £0
Service charge: £900
Lettings fees: £864
Net income: £10,236
Gross yield: 4%
Net yield: 3.41%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-13975