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3 Bed Flat, Single Let, Bognor Regis, PO21 1QH £100,000

Merchant Street, Bognor Regis, PO21 1QH - 4 months ago
  1. Deal Search
  2. Bognor Regis
  3. PO21
  4. PO21 1QH
Sold STC
BTL
ROI: 16%
~93 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

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Property History

Listed for £100,000

August 6, 2025

Description

  • Convenient Location +
  • Double Glazing & Gas Fired Central Heating +
  • No Onward Chain +
  • Investment Opportunity +
  • Small Outside Space +
  • Town Centre Location +
  • Current Rental Yield Of 7.08% +
  • Ground Floor One Bedroom Flat Plus First Floor Studio +
  • Freehold +

"Investment oppportunity to purchase the freehold investment, currently comprising, two flats within the same building, both currently tenanted with an annual income of £14,880.

The property comprises, one first floor studio flat, plus a ground floor one bedroom flat, with access to outside space, big enough for drying clothes. Both flats benefit from private entrance doors.

Flat 2a is located on the first floor and the accommodation briefly comprises, entrance way and stairs to living/bedroom with loft access via a loft ladder, kitchen with space for washing machine and fridge/freezer and a shower room with mixer shower and WC. EPC -C.

Flat 2b is located on the ground floor and comprises, entrance way, open plan living/dining/kitchen, dual aspect double bedroom with double glazed sliding door to outside space, shower room with mixer shower and WC. EPC-E

Bognor Regis town centre, has a variety of local shops, cafes and restaurants, as well as a mainline Train Station to London Victoria. The Cathedral City of Chichester is approximately six miles and the A27 provides easy access across the Coast to Brighton to the East and Southampton to the West.

Agents Note: Upon acceptance of an offer, White & Brooks will complete an online identity check provided by Veriphy. The cost of this check to the successful purchaser is £69 including VAT per purchase which will be payable in advance to White & Brooks Ltd. This charge verifies your identity in line with our obligations as requested by HMRC and documents to prove your identity and address will be required."
EPC Rating: C

Agent Details

White & Brooks, Bognor Regis

020 3879 5247

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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