Longford Road, Bognor Regis, West Sussex, PO21 1AA
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Freehold Investment
- Centrally Located
- 3x Self Contained Flats (1x 1 bed 1x 2 bed 1x studio)
- Gas Heating
- Currently Generating £2,165 PCM
- Parking for 2 Vehicles
Description
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.
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.
Please note we have not inspected this property.
Location
The subject property is located along Longford Road, in the heart of Bognor Regis. Situated near the mainline railway station and just a short stroll from the picturesque Bognor Regis beach, this property boasts a desirable location.
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.
Accommodation
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. 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
Rental Income – £825 pcm
Flat 2 – First floor 1 bedroom flat
Rental Income – £695 pcm
Flat 3 – First & Second Floor Studio
Rental Income - £645 pcm
Tenure
Freehold. Title number WSX335562.
Council Tax
Flat 1
Council Tax Band - B (Arun District Council)
Flat 2
Council Tax Band – A (Arun District Council)
Flat 3
Council Tax Band – A (Arun District Council)
EPC
Flat 1
EPC – D
Flat 2
EPC – C
Flat 3
EPC – D
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
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.
Brochures
BrochureEnergy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Longford Road, Bognor Regis, West Sussex, PO21 1AA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bognor Regis Station0.1 miles
- Barnham Station3.5 miles
- Ford Station5.3 miles
About the agent
Pattinsons, Pattinsons Auction- National Auctioneer
Mercantile House Silverlink, Wallsend, NE28 9NY
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 451266. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinsons, Pattinsons Auction- National Auctioneer. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinsons, Pattinsons Auction- National Auctioneer on 0191 625 0964.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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