- Freehold Investment
- 3x Self Contained Flats (1x 1 bed 1x 2 bed 1x studio)
- Currently Generating £2,165 PCM
- Centrally Located
- Gas Heating
- Parking for 2 Vehicles
Discover a superb investment opportunity in this prime property located in the heart of Bognor Regis. Currently yielding £2,095 per month in rental income, with potential for future increases, this investment promises stable returns. Recent renovations ensure modern comforts and aesthetics, minimising maintenance concerns for hassle-free ownership. The most notable upgrades include new gas boilers to all flats as well as new double glazing throughout.
Situated near the mainline railway station and just a short stroll from the picturesque Bognor Regis beach, this property boasts a desirable location. Two dedicated parking spaces at the rear provide added convenience for tenants, enhancing the property's appeal.
Rental Details
Flat 1 Ground floor 2-bedroom flat
EPC D
Rental Income £825 pcm
Council Tax Band - B (Arun District Council)
Flat 2 First floor 1 bedroom flat
EPC C
Rental Income £695 pcm
Council Tax Band A (Arun District Council)
Flat 3 First & Second Floor Studio
EPC D
Rental Income - £645 pcm
Council Tax Band A (Arun District Council)
Area Highlights:
Transport Links: Easy commuting options via the mainline railway station.
Leisure Amenities: Explore Bognor Regis's sandy beaches and recreational activities.
Local Attractions: Cultural venues, dining spots, and shopping destinations within easy reach.
Whether you're an investor seeking a lucrative addition to your portfolio or a discerning buyer looking for a promising opportunity, this investment block in Bognor Regis is not to be missed. Contact us today to schedule a viewing or to request further information relating to the current assured shorthold tenancies currently in place.
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Notice
Astons of Sussex for themselves and the VENDORS or Lessors of this property, whose agents they are, give notice that 1) these particulars are produced in good faith, are set out as a guide only and do not constitute any part of a contract. 2) No person in the employment of Astons of Sussex has any authority to make or give representation or warranty in respect of this property. 3) Photographs may include lifestyle shots and local views. There may also be photographs including chattels not included in the sale of the property. 4) Measurements given are approximate and should not be relied upon and are for guidance only.
Utility |
Supply Type |
Electric |
Mains Supply |
Gas |
Mains Supply |
Water |
Mains Supply |
Sewerage |
Mains Supply |
Broadband |
None |
Telephone |
None |
Other Items |
Description |
Heating |
Not Specified |
Garden/Outside Space |
No |
Parking |
Yes |
Garage |
No |
Broadband Coverage |
Highest Available Download Speed |
Highest Available Upload Speed |
Standard |
6 Mbps |
0.7 Mbps |
Superfast |
80 Mbps |
20 Mbps |
Ultrafast |
1000 Mbps |
220 Mbps |
Mobile Coverage |
Indoor Voice |
Indoor Data |
Outdoor Voice |
Outdoor Data |
EE |
Enhanced |
Likely |
Enhanced |
Enhanced |
Three |
Enhanced |
Enhanced |
Enhanced |
Enhanced |
O2 |
Enhanced |
Enhanced |
Enhanced |
Enhanced |
Vodafone |
Enhanced |
Enhanced |
Enhanced |
Enhanced |
Broadband and Mobile coverage information supplied by Ofcom.