5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Chichester Road, Bognor Regis, West Sussex
£181,500

Price History

Initial price £198,500
05/03/25 £182,000
22/03/25 £181,500
Price Change -8.56%

Description

This mid-terrace house is being sold as a cash buyer only and requires renovation to revert to residential use, having previously been used as a takeaway. The property is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, which allows those aged 60 or over to purchase a share of the property value to safeguard for the future. The property has five bedrooms, a bathroom, and a covered courtyard area, and is being sold by the Modern Method of Auction. The guide price for the Lifetime Lease is £181,500, which is based on an average saving of 33% compared to the full market value of £275,000.