Bognor Regis Estate Agents – Clarkes Estates

Crescent Road, Bognor Regis, PO21 1QQ

£140,000 Offers Over

Property Features

  • Upper floor apartment
  • 2 spacious double bedrooms
  • Private entrance
  • Residents parking
  • Located on edge of town centre
  • Small private balcony
  • Cash buyers only
  • EPC Rating C

Property Summary

For CASH BUYERS ONLY, this 2 BEDROOM, upper floor apartment has its own PRIVATE ENTRANCE and RESIDENTS PARKING. The apartment has a FITTED KITCHEN WITH INTEGRATED APPLIANCES, and is an excellent opportunity as a BUY-TO-LET INVESTMENT.

Full Details

Our Comments

Located in the heart of Bognor Regis town centre and just a few yards from the shops and train station, is this two bedroom top (2nd) floor apartment.

An external stair case leads up to the property entrance and the main accommodation comprises a spacious lounge,  a fitted kitchen, a bathroom with a corner bath and heated towel rail, and 2 well proportioned double bedrooms. This property also benefits from double glazing, gas central heating and on-street Residents Permit Parking managed by Arun District Council.

The property is subject to a residential tenancy with a passing rent of £1,055 PCM. The tenancy is in a Periodic Term and the seller anticipates issuing notice to end the tenancy once purchase has been arranged.

Lounge - 3.99m x 3.7m (13'1" x 12'1")

Kitchen - 2.37m x 2.62m (7'9" x 8'7")

Bathroom - 2.35m x 2.57m (7'8" x 8'5")

Main Bedroom - 3.96m x 3.57m (12'11" x 11'8")

Bedroom 2 - 2.37m x 2.63m (7'9" x 8'7")

Lease Information

The property is offered for sale at a discounted value in recognition that the remaining lease term is approximately 57 years. The seller advises that the current maintenance is £700pa and ground rent is £50pa. 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. 

The seller will not be arranging a new lease upon completion. A lease advisory service calculation conducted on 9/01/2026 indicates that the Lease Premium for a Statutory Lease Renewal will be in the region of £20-£22,000. Legal transaction costs will also apply.

Agents note

The property is currently subject to a residential tenancy that is in a periodic term with a passing rent of £1055 per calendar month. Notice has not been issued to end the tenancy. If the property is sold to a landlord, the incumbent tenant has indicated a preference to remain in situ. Where the property is being purchased by an owner occupier, corresponding notice will be issued approximately one week after the sale has been livened.

 

Material Information

Council Tax: Arun District Council Band B
Property Type:  Purpose built apartment
Property Construction:  Standard
Electricity, Water, Drainage Supply:  Mains
Heating: Gas Central

On 15/01/2026 information from the Ofcom Website shows:

 BroadbandAvailabilityMax DownMax Up
 Standard  ✓    17 mbps 1 mbps
 Superfast  ✓    80 mbps 20 mbps
 Ultrafast  ✓  1800 mbps 220 mbps 
 Mobile Indoor Outdoor
  Voice Data Voice Data
 EE  Variable VariableGood   Good  
 Three  Good  GoodGood   Good  
 O2  Good  GoodGood Good
 Vodafone   Good  GoodGood  Good 

 

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 £36 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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