Bognor Regis Estate Agents – Clarkes Estates

Lyon Street West, Bognor Regis

£100,000

Property Features

  • Ground Floor Purpose Built Apartment
  • Town Centre Location
  • One Bedroom
  • Double Glazing & Electric Heating
  • No Forward Chain
  • EPC Rating D

Property Summary

SALE AGREED BY CLARKES Located in Bognor Regis town centre, a GROUND FLOOR one bedroom apartment with double glazing and electric heating.  Offered for sale with NO FORWARD CHAIN the property is suitable for CASH BUYERS ONLY and would benefit from some updating, however it is already 'priced to sell' and we expect strong interest from both first-time-buyers and landlords.

Full Details

Our Comments

Suitable for cash buyers only and offered for sale with no forward chain, the property is a one bedroom ground floor apartment located in Bognor Regis town centre.

The accommodation comprises a shared entrance hall, kitchen, inner hall with storage cupboards, lounge, bedroom and a bathroom. The property has electric heating and is double glazed.

In our view, the apartment is a smaller dwelling that is ideal for single occupiers and would benefit from a program of redecoration and updates to the kitchen and bathroom. Nevertheless, the property is ‘priced to sell’ and we expect it will gather strong interest from both first-time buyer and landlords.

Viewings are recommended.

Agents Note

The rents achieved as the property is in 2024 was £700 PCM. We anticipate that once improved with replacement kitchen, bathroom and general décor, that a new rent will be achieved in the region of £850 - 900 PCM.  

Kitchen - 3.04m x 3.05m at widest point (9'11" x 10'0")

Inner Hall - 2.13m x 3.05m at widest point (6'11" x 10'0")

Lounge - 4.92m x 2.26m at widest point (16'1" x 7'4")

Bedroom - 3.47m x 2.56m (11'4" x 8'4")

Bathroom - 1.97m x 1.61m (6'5" x 5'3")

Lease Information

Lease Information:  The seller informs us that there are 975 years remaining on the lease (999 years from 01/12/2001).  Ground rent is £50 PA, increasing to £150 in 2034. Insurance for 2024 was £176.25. There is no managing agent collecting funds in advance. Currently, maintenance fees are invoices as / when required by the Freeholder. 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.

Material Information

Council Tax: Arun District Council Band A
Property Type: Purpose Built
Property Construction:  Standard
Electricity, Water, Drainage Supply:  Mains
Heating: Electric

Broadband & Mobile Availability

On 04/02/2025 information from the Ofcom Website shows:
 BroadbandAvailabilityMax DownMax Up
 Standard  ✓    16 mbps 1 mbps
 Superfast  ✓    80 mbps 20 mbps
 Ultrafast  ✓    1000 mbps 1000 mbps
 
 
 Mobile Indoor Outdoor
  Voice Data Voice Data
 EE Limited  Limited  Likely  Likely 
 Three Likely  Likely  Likely  Likely 
 O2 Likely  Likely  Likely  Likely 
 Vodafone  Likely Likely Likely Likely


Anti Money Laundering Checks. The Government requires estate agents to carry out Anti Money Laundering checks on all purchasers. Before we can send out a Memorandum of Sale to liven your purchase, Clarkes must verify and hold evidence on file for each buyer of: Identity & Address, Source of Funding, and establish whether buyers are Sanctioned Individuals (SI) or Politically Exposed Persons (PEP). This will be a check conducted by Verify, an independent third-party Company.  The cost is £30 per person and is payable before a Memorandum of Sale is issued.  If you already have a copy of a PEP & SI check conducted by Verify (or a similar service) that is less than three months old, please let us know as we may be able to re-use it.

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