1 bed Flat For Sale £145,000
Located close to Hotham Park and Bognor town centre is this purpose-built ground floor apartment with its own allocated parking space. Comprising hallway, generous sitting/dining room, fitted kitchen, double bedroom and bathroom. Ideally suited to first time buyers and landlords.
Our comments: Located less than 300m from Hotham Park and 900m from the town centre, this purpose built ground floor apartment is well situated for local shops, amenities and transport links. The apartment is well serviced with an allocated parking space, several visitor spaces and common gardens.
The accommodation comprises a communal entrance hall, leading to the apartment hallway, a generous sitting room, that is large enough to take a sofa suite and a dining set, a fitted kitchen, bathroom with a shower over the bath and good sized double bedroom with built in wardrobes.
In our opinion these apartments are ideal first time purchases and are unsurprisingly popular with landlords. The property has previously been rented, but the tenant is due to leave the property on the 14th November 2022, which means it is available with vacant possession and will be chain free. If you wished to rent the property out we have been advised that in the current market you could achieve a rent in the region of £775 pcm producing a strong gross yield of approximately 6.41%.
For more information or to arrange a viewing at the property call Clarkes on .
Hallway: 6' 10" x 6' 1" (2.09m x 1.86m)
Sitting Room: 18' 9" x 10' 8" (5.74m x 3.27m)
Kitchen: 9' 4" x 7' 1" (2.87m x 2.17m)
Bedroom: 13' 8" into alcove x 9' 4" (4.17m x 2.87m)
Bathroom: 6' 6" x 5' 8" (2.00m x 1.75m)
Lease Information: The vendor informs us that this property has 94 years remaining on the lease (125 years from 01/01/1991). The current ground rent is £25 per 6 months (£50 pa) which is due to increase to £100 pa in 2025 and the current maintenance charge is £300 per 6 months (£600 pa). These charges are paid in January and June.
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: Located less than 300m from Hotham Park and 900m from the town centre, this purpose built ground floor apartment is well situated for local shops, amenities and transport links. The apartment is well serviced with an allocated parking space, several visitor spaces and common gardens.
The accommodation comprises a communal entrance hall, leading to the apartment hallway, a generous sitting room, that is large enough to take a sofa suite and a dining set, a fitted kitchen, bathroom with a shower over the bath and good sized double bedroom with built in wardrobes.
In our opinion these apartments are ideal first time purchases and are unsurprisingly popular with landlords. The property has previously been rented, but the tenant is due to leave the property on the 14th November 2022, which means it is available with vacant possession and will be chain free. If you wished to rent the property out we have been advised that in the current market you could achieve a rent in the region of £775 pcm producing a strong gross yield of approximately 6.41%.
For more information or to arrange a viewing at the property call Clarkes on .
Hallway: 6' 10" x 6' 1" (2.09m x 1.86m)
Sitting Room: 18' 9" x 10' 8" (5.74m x 3.27m)
Kitchen: 9' 4" x 7' 1" (2.87m x 2.17m)
Bedroom: 13' 8" into alcove x 9' 4" (4.17m x 2.87m)
Bathroom: 6' 6" x 5' 8" (2.00m x 1.75m)
Lease Information: The vendor informs us that this property has 94 years remaining on the lease (125 years from 01/01/1991). The current ground rent is £25 per 6 months (£50 pa) which is due to increase to £100 pa in 2025 and the current maintenance charge is £300 per 6 months (£600 pa). These charges are paid in January and June.
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.
