Victoria Road, Bognor Regis, West Sussex 1 bed apartment for sale

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Victoria Road, Bognor Regis, West Sussex 1 bed apartment for sale

Victoria Road, Bognor Regis, West Sussex
£135,000

Price History

Initial price £145,000
01/05/25 £135,000
Price Change -6.90%

Description

This spacious apartment is located just 100m from Bognor Seafront and offers a brilliant investment opportunity. The property features a large living/dining room, separate kitchen, good-sized double bedroom, and family bathroom. It also comes with allocated parking and small communal gardens. The current tenant, who has been at the property for over 10 years, is paying £775 per month and has a contract until December 2024, making it an attractive option for investors. The property has a 91-year lease, with ground rent of £100 per annum, service charge of £1,100 per annum, and insurance of £272 per annum. The description notes that distances and areas are approximate, and fixtures, contents, and fittings are not included in the sale, but overall, this property presents a fantastic opportunity for those looking to invest in a prime location.