1 bed Flat For Sale £165,000
Buy-to-let landlords only. An attractive first floor flat with private rear garden, a new lease on completion and a tenant in-situ. Comprising communal entrance hall, ground floor entrance, stairs and large central landing, good size sitting room, kitchen, double bedroom and bathroom.
Our comments: buy-to-let landlords only – investment opportunity. This attractive first floor period conversion comes with a private rear garden and is offered with a new lease on completion. The property being sold with a tenant in situ and is currently let on an AST generating an income of £675 pcm.
The property is in good decorative order and benefits from some attractive period features and desirable outside space. This is one of two properties in the building and maintenance is paid on an as and when needed basis to keep ongoing maintenance costs to a minimum. It is located in a convenient central position in Bognor Regis, close to local shops, amenities and transport links.
The accommodation consists of a communal entrance hall and ground floor entrance. Inside the property stairs lead to the first floor and there is an attractive large central landing. The sitting room with bay window is a good size and provides space for a table and chairs. There is also a kitchen, overlooking the garden, a double bedroom and a bathroom.
The rear garden has been split into two, with the further section from the house belonging to this property, meaning no one has access through it. It is a great size and currently underused. There is a timber storage shed.
In our opinion the immediate income generated by the sitting tenant, low maintenance costs and new lease on completion all combine to make this a fantastic addition to an investors portfolio. Contact Clarkes for more information or to arrange a viewing.
Sitting Room: 13' 10" into bay window x 11' 5" (4.22m x 3.486m)
Landing: 15' 1" x 5' 1" (4.60m x 1.57m)
Bedroom: 11' 6" x 9' 1" (3.53m x 2.78m)
Bathroom: 8' 5" x 4' 3" (2.58m x 1.31m)
Kitchen: 8' 6" x 6' 2" (2.61m x 1.89m)
Lease Information: This property will have a new lease on completion. The ground rent is £10 pa and the maintenance is charged as and when needed on a 50/50 split with the ground floor property. The current buildings insurance is £524 pa.
Our comments: buy-to-let landlords only – investment opportunity. This attractive first floor period conversion comes with a private rear garden and is offered with a new lease on completion. The property being sold with a tenant in situ and is currently let on an AST generating an income of £675 pcm.
The property is in good decorative order and benefits from some attractive period features and desirable outside space. This is one of two properties in the building and maintenance is paid on an as and when needed basis to keep ongoing maintenance costs to a minimum. It is located in a convenient central position in Bognor Regis, close to local shops, amenities and transport links.
The accommodation consists of a communal entrance hall and ground floor entrance. Inside the property stairs lead to the first floor and there is an attractive large central landing. The sitting room with bay window is a good size and provides space for a table and chairs. There is also a kitchen, overlooking the garden, a double bedroom and a bathroom.
The rear garden has been split into two, with the further section from the house belonging to this property, meaning no one has access through it. It is a great size and currently underused. There is a timber storage shed.
In our opinion the immediate income generated by the sitting tenant, low maintenance costs and new lease on completion all combine to make this a fantastic addition to an investors portfolio. Contact Clarkes for more information or to arrange a viewing.
Sitting Room: 13' 10" into bay window x 11' 5" (4.22m x 3.486m)
Landing: 15' 1" x 5' 1" (4.60m x 1.57m)
Bedroom: 11' 6" x 9' 1" (3.53m x 2.78m)
Bathroom: 8' 5" x 4' 3" (2.58m x 1.31m)
Kitchen: 8' 6" x 6' 2" (2.61m x 1.89m)
Lease Information: This property will have a new lease on completion. The ground rent is £10 pa and the maintenance is charged as and when needed on a 50/50 split with the ground floor property. The current buildings insurance is £524 pa.
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