2 Bed Flat, Single Let, Bognor Regis, PO21 1AG, £150,000

48 Longford Road, Bognor Regis, GA1 12OP, United Kingdom - 10 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~68 m²
+7 photos

ValuationUndervalued











Cashflows



































Property History

Listed for £150,000

May 24, 2024

Sold for £117,000

2006

Sold for £35,000

1999

Floor Plans

Description

  • Purpose Built Flat +
  • A new 125 year lease will be granted upon purchase +
  • Sitting/Dining Room +
  • Two Bedrooms +
  • Double Glazing +
  • Gas Fired Central Heating +
  • Private Rear Garden +
  • Excellent Location for Town Centre +

Thought to be originally built for railway workers, this two bedroom first floor flat has its own private entrance and private rear garden.

The accommodation briefly comprises, personal door to entrance way and stairs to first floor landing, dual aspect sitting/dining room with bay window, kitchen, two bedrooms and bathroom.

Outside, external stairs to the private rear garden which backs onto the railway line.  Mainly laid to lawn, raised decking area, and rear service gate. The property would benefit from being updated and this has been reflected in the guide price. Tenure: We understand there is a 99 year lease from 1986. A new 125 year lease will be granted upon purchase. Maintenance Charge: We understand the charges are split between the ground floor and first floor flat as and when work is required. Ground Rent: We understand the ground rent is currently £50 p.a. until December 2051 then increasing to £100 p.a. for the remainder of the term.

EPC Rating: D

Agent Details

Henry Adams, Bognor Regis

01243 219388

Next Steps?

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