- First Floor Flat Close to Seafront
- Two Bedrooms
- Large Dual Aspect Living Room with Juliet Balcony
- Family Bathroom
- Secure Entry Phone System
OUR COMMENTS: This well presented 2 bedroom first floor flat is conveniently situated only 150m from the seafront and nearby amenities, shops and mainline station in Bognor Regis.
The internal accommodation comprises an entrance hall, with storage cupboard. The large dual aspect living room and kitchen provides space for a dining table and boasts a west-facing Juliet Balcony. The main bedroom is a double and the second bedroom is also a reasonable size. Finally, the family bathroom has a white suite and shower over the bath.
The block benefits from a secure phone-entry system and a lift if required. There are permit parking bays in front of the property and a new owner would be able to apply to the local council for a yearly permit.
This property is suitable for either buyers looking for home for themselves in a desirable location or for investors. Viewings are recommended to appreciate all that this property has to offer.
Potential landlords: In our opinion this property could realistically be rented out at £800-825 PCM, generating a gross yield of 6.4%.
Entrance Hall: 18' 5" x 3' 3" (5.62m x 1.01m)
Living Area & Kitchen: 48' 9" x 36' 6" (14.86m x 11.15m)
Bedroom 1: 10' 8" x 9' 0" (3.27m x 2.76m)
Bedroom 2: 9' 1" x 6' 9" (2.77m x 2.07m)
Bathroom: 9' 1" x 5' 5" (2.78m x 1.66m)
Lease Information: The vendor informs us that there are approximately 108 years remaining on the lease, the ground rent is £100 pa and the current maintenance charge is £1,409.70 pa (paid in 2 instalments of £704.85) 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.
AGENTS NOTE: This property is currently going through a 5 year schedule for major improvement works. We understand there is 3 and a half years left of this, during which time the maintenance will be higher than usual. It is likely that value will be added to the property by the time these major works are completed.