2 bed Flat For Sale £150,000
Attention all investors and diy enthusiasts! This top floor apartment located close to town centre & seafront requires refurbishment and is offered for sale with no forward chain. Comprising open plan living room/kitchen, two bedrooms, bathroom and storage. Viewings are highly recommended.
Our comments: Calling all investors and do-it-yourself enthusiasts, this top floor two bedroom apartment is offered for sale with no forward chain. The apartment is located in the heart of Bognor Regis and just moments away from the seafront, town centre, train station and local bus routes.
The flat itself offers a good size open plan lounge and kitchen area, double master bedroom, bathroom with shower fitted over the bath, single second bedroom and storage cupboard.
In our opinion the property will benefit from refurbishment throughout. In good condition landlords should expect a rental value in the region of £700 pcm, which equates to a 5.6% yield.
Viewings are recommended to appreciate all that this property has to offer.
Agents note: Additionally, in respect of proposed major works on the block a final contribution of £750 will be due in March 2022.
Living Area & Kitchen: 9' 10" x 18' 2" (3.00m x 5.54m)
Bedroom 1: 9' 10" x 9' 11" (3.00m x 3.03m)
Bedroom 2: 6' 4" x 11' 3" (1.95m x 3.43m)
Bathroom: 5' 8" x 6' 8" (1.75m x 2.05m)
Lease Information: The vendor informs us that there are 108 years remaining on the lease, the ground rent is £100 pa and the current maintenance charge is £1,464 pa including insurance. We have not sighted documents to evidence this and advise that should you proceed to purchase this property this should be checked by your conveyancer.
Our comments: Calling all investors and do-it-yourself enthusiasts, this top floor two bedroom apartment is offered for sale with no forward chain. The apartment is located in the heart of Bognor Regis and just moments away from the seafront, town centre, train station and local bus routes.
The flat itself offers a good size open plan lounge and kitchen area, double master bedroom, bathroom with shower fitted over the bath, single second bedroom and storage cupboard.
In our opinion the property will benefit from refurbishment throughout. In good condition landlords should expect a rental value in the region of £700 pcm, which equates to a 5.6% yield.
Viewings are recommended to appreciate all that this property has to offer.
Agents note: Additionally, in respect of proposed major works on the block a final contribution of £750 will be due in March 2022.
Living Area & Kitchen: 9' 10" x 18' 2" (3.00m x 5.54m)
Bedroom 1: 9' 10" x 9' 11" (3.00m x 3.03m)
Bedroom 2: 6' 4" x 11' 3" (1.95m x 3.43m)
Bathroom: 5' 8" x 6' 8" (1.75m x 2.05m)
Lease Information: The vendor informs us that there are 108 years remaining on the lease, the ground rent is £100 pa and the current maintenance charge is £1,464 pa including insurance. We have not sighted documents to evidence this and advise that should you proceed to purchase this property this should be checked by your conveyancer.
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