Crescent Road, Bognor Regis

£130,000 Guide Price
  • Ref: 12835
  • Type: Flat
  • Availability: Sold STC
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Leasehold

Property Summary

***SALE AGREED BY CLARKES*** For INVESTORS only, a ready made Buy to Let Property that is currently rented on an AST Tenancy until June 2021. RENT value is £700 PCM. A first floor converted apartment presented in GREAT CONDITION with good size lounge and double bedroom, FITTED KITCHEN, double glazing and gas central heating. Located in the heart of Bognor Regis town centre. INVESTORS ONLY.

Full Details

OUR COMMENTS This great sized conversion is a top floor flat located in the heart of the town centre and is offered for sale with a Fixed Term AST Tenancy until June 2021. Aimed directly at INVESTORS ONLY the rent value is £700 PCM, grossing out an impressive yield at 6.46%

The accommodation presents with a good size living room, kitchen with spaces for appliances, built in oven/hob/extractor and even enough space for a table, double bedroom, bathroom, double glazing and gas central heating. The property is presented in good condition having been managed by the selling agent for some time.

In summary, a ready made Buy To Let that will generate income from month one.

Living Room 11' 6" (12' 9" max) x 11' 9" (3.53m x 3.60m)

Kitchen 10' 5" x 7' 4" (3.20m x 2.24m)

Bedroom 12' 9" x 7' 11" (3.91m x 2.42m)

Bathroom 6' 2" x 5' 4" (1.9m x 1.63m)

Lease Information The vendor informs us that there are 97 years remaining on the lease, the ground rent is £250.00 pa and the current insurance charge is approx. £450 pa. 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.

Property Features

  • First Floor Flat
  • One Double Bedroom
  • Town Centre Location
  • Fitted Kitchen
  • Bathroom
  • Gas Central Heating
  • Tenanted until June 2021
  • Investors Only
  • Rented at £700 PCM
  • 6.46% Yield

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