Crescent Road, Bognor Regis
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.
- First Floor Flat
- One Double Bedroom
- Town Centre Location
- Fitted Kitchen
- Gas Central Heating
- Tenanted until June 2021
- Investors Only
- Rented at £700 PCM
- 6.46% Yield