Close Town Centre & Seafront Bognor Regis
- PROPERTY TYPE
Flat
- BATHROOMS
1
- SIZE
398 sq ft
37 sq m
Key features
- For Sale By Auction on 27th June 2024
- Arguably One of The Finest Studio Flats Currently For Sale
- Separate Bedroom Area Therefore Configurable as a 1 Bedroom Flat
- 123 Year Lease
- Let on an AST For £9,000 Per Annum 12.8 Percent Yield
- This Ground Floor Flat is Just Over 37 Sq m in Size
- Double Glazed Windows
- Perfect Investment or First Time Purchase
- Internal Inspections Highly Recommended
- Fantastic Town Centre and Seafront Location
Description
Auction Guide £70,000
Fantastic studio/1 bedroom flat at a very, very competitive price that is going to be almost impossible to beat! In addition, there is a separate bedroom area allowing essentially for 1 bedroom accommodation.
With just over 37sq m of internal space, the flat that is situated on the ground floor has a separate bed area therefore consideration is provided for its use as a 1 bedroom flat. In superb condition throughout with double glazed windows and electric heating, the fully fitted kitchen is very modern as is the shower room.
Currently let on an AST at a passing rent of £9,000 per annum providing for a yield of 12.8%
Perfectly located in between the town centre and the seafront literally within moments from both and close to just about everything required including the railway station.
Internal viewing are highly recommended and available via the auction department.
EPC Rating C
*Fees apply please refer to auction team*
Brochures
Close Town Centre & Seafront Bognor RegisTenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
125 years left
Energy 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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Close Town Centre & Seafront Bognor Regis
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bognor Regis Station0.3 miles
- Barnham Station3.5 miles
- Ford Station5.1 miles
About the agent
Parsons Son & Basley, Brighton
32 Queens Road, Brighton, BN1 3YE
PS&B have been providing professional property services since 1825 and is one of the oldest independent firms of Chartered Surveyors, Valuers and Estate Agents in the UK. We are responsible for the letting and management of thousands of properties throughout the UK and are well established in Brighton & Hove, Bognor Regis and Portsmouth.
With nearly 200 years of experience in selling and letting property, PS&B is steeped in a wealth of history and offers an unrivalled experience. Our de
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 33035374. 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 Parsons Son & Basley, Brighton. 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 Parsons Son & Basley, Brighton on 01273 109882.
*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.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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