Richmond Road, Bognor Regis

£120,000 Guide Price
  • Ref: 12927
  • Type: Flat
  • Availability: For Sale
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Leasehold

Property Summary

A one bedroom ground floor flat in a prime location in the town centre within yards of the railway station with a NEW KITCHEN, re-decoration and new carpets. Comprising a great size lounge, fitted kitchen, large double bedroom and family bathroom. Offered with an INCUMBENT TENANT and ideal for LANDLORDS.

Full Details

AGENTS NOTE The property is subject to an Assured Shorthold Tenancy at £660 PCM. Notice has not been issued to end the tenancy. Based upon the asking price of £120,000 this represents a yield of 7.15% PA. The seller intends only to sell to a landlord who is acquiring the current tenancy, however, termination of the tenancy with 6 months notice is possible, please call the agent for further details on 01243 861344

OUR COMMENTS A comfortably sized one bedroom, ground floor flat positioned in a central and convenient location. (Opposite the train station in the town centre.)

The property was fitted with a replacement kitchen (including built in appliances; fridge/freezer, oven and hob) new carpets and fresh décor in 2018. There is a large living room with a feature bay window, large double bedroom and the bathroom has a low level WC, pedestal wash hand basin, panel enclosed bath and shower attachment.

Offered with an incumbent tenant with a rental at £660 PCM.

Living Room 14' 4" x 13' 3" (4.37m x 4.05m)

Kitchen 8' 7" x 5' 10" (2.63m x 1.78m)

Bedroom 11' 3" x 10' 0" (3.43m x 3.07m)

Bathroom 5' 9" x 5' 10" (1.77m x 1.79m)

Lease Information The vendor informs us that there are 86 years remaining on the lease, the ground rent is £250 pa and the current maintenance charge is £800 pa including insurance. 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

  • Ground Floor Flat
  • One Double Bedroom
  • Large Living Room
  • New Kitchen
  • Family Bathroom
  • New Carpets
  • Double Glazing
  • Vacant Possession
  • Excellent Location
  • Currently Tenanted

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