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Apartment for sale in Bognor Regis

Flat 4, The Lodge, 24 Victoria Drive, Bognor Regis, PO21 2RW
For sale
£120,000 Guide Price
AUCTION PROPERTY

COMMON USE CLASS: C3 Dwelling Houses

connect-uk-auctions
This property is marketed by:
Connect UK Auctions

Key Features:

  • Full Auction legal Pack Available on Request
  • Internal viewing, by appointment 
  • First Floor 
  • Walking distance to the beach 
  • Producing £7500 in rent per year. 6.5% gross yield 
  • Private parking 
  • Excellent Location
  • Notice can be given for vacant possession 
  • Buy to let opportunity.

Description

First floor purpose built apartment, situated within easy reach of the beach, local shops and amenities.

Accommodation

Entrance Hallway, Kitchen, Reception Room, Bedroom and Bathroom. Private parking.

Currently rented on AST @ £7500 per year.

Location

Bognor Regis is a town and seaside resort in West Sussex on the south coast of England, 55.5 miles south-west of London, 24 miles west of Brighton, 5.81 miles south-east of Chichester and 16 miles east of Portsmouth. Other nearby towns include Littlehampton east-north-east and Selsey to the south-west.

Viewing

By appointment only.

Tenure

Leasehold.

Auction Date

Connect Realtime® Plus commencing at 11am Thursday 14th July.

This Lot is for sale via Auction. This is a timed auction, which requires both parties to complete the transaction within the given completion date as per the legal pack. The buyer is required to register with Connect UK Auctions in order to participate and will be required to go through an identification verification process. The lot has auction Legal Pack, available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change.

Unconditional Lot

Auction Fees apply upon the fall of the gavel. The Purchaser shall pay a deposit of 5% (or minimum £5,000) and auction fees as per the legal pack and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the auction (unless otherwise stated).


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