Bognor Regis Estate Agents – Clarkes Estates

Templars Close, Bognor Regis

£80,000

Property Features

  • First Floor Studio Apartment
  • Popular Estate Location
  • Long Lease & No Forward Chain
  • Allocated Parking Space
  • Ideal First Time Buyers / Investors
  • EPC Rating D

Property Summary

SALE AGREED BY CLARKES : A first floor studio apartment located in a popular estate and offered for sale with a LONG LEASE and NO FORWARD CHAIN.  Comprising two entrance halls, studio, kitchen, bathroom and ALLOCATED PARKING space.  

Full Details

Our Comments

Offered for sale with no forward chain is this first floor studio apartment located in a popular estate.  Benefitting from an allocated off road parking space, long lease and negligible annual costs, the property is ideally suited to landlords and first time buyers.
 
The accommodation comprises lobby, entrance hall, studio, kitchen and bathroom.  In our view the property needs replacement kitchen and bathroom and the installation of fixed heating.
 
Previous rent achieved was £760 pcm as is, and we anticipate rent in the region of £800/£825 pcm when well presented.

Entrance Hall (x 2) - 0.87m x 2.05m (2'10" x 6'8")

Studio - 4.46m x 3.03m (14'7" x 9'11")

Kitchen - 1.59m x 2.82m (5'2" x 9'3")

Bathroom - 1.73m x 1.89m (5'8" x 6'2")

Material Information

Council Tax: Arun District Council  - Band A
Property Type: Purpose Built
Property Construction: Standard
Electricity, Water, Drainage Supply: Mains
Parking: Allocated Parking Space

On 20/02/2025 information from the Ofcom Website shows:
 BroadbandAvailabilityMax DownMax Up
 Standard  ✓    14 mbps 1 mbps
 Superfast  ✓    70 mbps 20 mbps
 Ultrafast  X      
 Mobile Indoor Outdoor
  Voice Data Voice Data
 EE Likely  Likely  Likely  Likely 
 Three Limited  Limited  Likely  Likely 
 O2 Limited  None  Likely  Likely 
 Vodafone  Limited Limited Likely Likely

Lease Information

The seller informs us that there are appx 950 years remaining on the lease, there is a peppercorn ground rent and maintenance charge is as and when required. 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.

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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