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3 bedroom flat for sale

Park Road, Bognor Regis, PO21

Guide Price £220,000

Property Description

Key features

  • 557 Sqft Ground Floor One Bedroom Flat
  • 892 Sqft First Floor Two Bedroom Flat
  • Period Seaside Building
  • In Need Of Modernisation
  • No Forward Chain
  • Freehold Interest Available

Full description

New to the market, this ground floor garden flat and first floor flat with sea views is situated in a popular Aldwick location and ideal for a 'buy to let' investment. The flats are in need of some modernisation and external repairs. The freehold interest is available for the whole of 14 Park Road.

Situated in popular Aldwick location, this one bedroom garden flat and first floor flat is within walking distance of the Aldwick beach.
Ground Floor Bedroom 10'6 (3.2m) x 9'6 (2.9m)

First Floor Bedroom 1 12'6 (3.81m) x 11'4 (3.45m)

First Floor Bedroom 2 10'10 (3.3m) x 8'4 (2.54m)

Tenure
We understand there is a 999 year lease from 1st July 1973.
Maintenance Charge
To be confirmed.
Ground Rent
To be confirmed.
Note
Note: Once Flat 1, Park Road has been modernised and improved, we estimate the property would be worth in the region of £135,000 and at a rental of £675 PCM – 6% yield and Flat 2, Park Road in the region of £165,000 at a rental of £850 PCM - 6.18%.

23/11/16

More information from this agent

Listing History

Added on Rightmove:
19 December 2016

Map & Street View

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