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1 bedroom ground floor flat for sale
Essex Road, Bognor Regis, West Sussex
£79,250
Essex Road, Bognor Regis, West Sussex
£79,250
Price History
Initial price | £99,000 |
28/03/25 | £79,250 |
Price Change | -19.95% |
Description
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Here is a summary of the property description in a single paragraph without a list:
This ground floor flat is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan that allows individuals aged 60 or over to secure a property with a lifetime lease and a share of the property value. The property itself has good transport links, is close to local shops and green space, and has a sunny garden aspect. The flat is being sold by the Modern Method of Auction and has a potential rental yield of 6.8%. The property description notes that the price of the Lifetime Lease will vary according to the buyer's age, personal circumstances, and requirements, but the guide price for this property is £79,250, which is a 33% discount on the market value of £120,000.