1 bed Flat For Sale £155,000
A one bedroom purpose built, first floor apartment with a share of the freehold. Located within walking distance of the town centre and mainline railway station. Comprising large living room, fitted kitchen, bathroom and good size bedroom, communal gardens and allocated parking. No forward chain.
Our comments: A one bedroom purpose built apartment located conveniently close to the town centre. The property would be an ideal first time buy or investment opportunity as it has a share of the freehold which can minimise ongoing costs.
The accommodation comprises a central entrance hall, with an airing cupboard. The generous twin aspect sitting room has space for a seating area and dining table. There is a reasonable size kitchen and a well-appointed bathroom, with a shower over the bath. The double bedroom is a really good size with ample space for large wardrobe and dresser.
Located approximately four minutes' walk from Bognor Regis town centre and railway station, this one bedroom ground floor apartment benefits from its own allocated parking space and a share of the freehold. There are also visitor spaces and communal grounds.
The apartment has modern double glazing and electric night storage heaters. It is in good decorative order is available without an ongoing chain, which could make this a quick and easy purchase. Viewings are highly recommended to fully appreciate this property.
Investors: We have been advised that landlords could expect to achieve a rent in the region of £775 - 800 pcm, representing a gross yield of approx. 6%.
Entrance Hall:
Living Room: 14' 1" x 11' 7" (4.31m x 3.55m)
Kitchen: 11' 1" x 5' 10" (3.39m x 1.79m)
Bedroom: 12' 0" x 9' 7" (3.68m x 2.94m)
Bathroom: 6' 5" x 5' 5" (1.96m x 1.67m)
Lease Information: The vendor informs us that there are 80 years remaining on the lease. However, the property also comes with a share of the freehold and accordingly we would anticipate that there is no lease premium when the time for renewal is required. The combined service charge, insurance and ground rent is approximately £1035.92 pa, making this a relatively low cost apartment.
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: A one bedroom purpose built apartment located conveniently close to the town centre. The property would be an ideal first time buy or investment opportunity as it has a share of the freehold which can minimise ongoing costs.
The accommodation comprises a central entrance hall, with an airing cupboard. The generous twin aspect sitting room has space for a seating area and dining table. There is a reasonable size kitchen and a well-appointed bathroom, with a shower over the bath. The double bedroom is a really good size with ample space for large wardrobe and dresser.
Located approximately four minutes' walk from Bognor Regis town centre and railway station, this one bedroom ground floor apartment benefits from its own allocated parking space and a share of the freehold. There are also visitor spaces and communal grounds.
The apartment has modern double glazing and electric night storage heaters. It is in good decorative order is available without an ongoing chain, which could make this a quick and easy purchase. Viewings are highly recommended to fully appreciate this property.
Investors: We have been advised that landlords could expect to achieve a rent in the region of £775 - 800 pcm, representing a gross yield of approx. 6%.
Entrance Hall:
Living Room: 14' 1" x 11' 7" (4.31m x 3.55m)
Kitchen: 11' 1" x 5' 10" (3.39m x 1.79m)
Bedroom: 12' 0" x 9' 7" (3.68m x 2.94m)
Bathroom: 6' 5" x 5' 5" (1.96m x 1.67m)
Lease Information: The vendor informs us that there are 80 years remaining on the lease. However, the property also comes with a share of the freehold and accordingly we would anticipate that there is no lease premium when the time for renewal is required. The combined service charge, insurance and ground rent is approximately £1035.92 pa, making this a relatively low cost apartment.
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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