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£500,000

Gloucester Road, Bognor Regis, West Sussex, PO21

  • 6 beds
House

£500,000

  • 6 beds
House
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Estimate monthly mortgage payment:

£2,283 per month

Minimum deposit amount:

£25,000
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***Fantastic Investment Opportunity With Brilliant Yield*** This brilliant house has been converted into a one bedroom apartments and three, two bedroom apartments. A long term relationship with the hospital has been in place for several years and will be passed over to the next owner, if they wish. A great location to Central Bognor Regis, a short walk to the train station and Bognor Beach. The current owner has upgraded the electrics and gas to the property to make this a solid investment that you can rent out straight away. The first floor one bedroom apartment is currently being renovated and once finished this will added to your rental income. Potential to purchase with another investment that bring a total of over £22,500 per month. The owner is currently selling two investments and for both properties would agree a fixed price of £1,000,000. Sales Disclaimer: Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £75 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase. These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.

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£2,283 per month
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Stamp Duty tax
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£3,750
Mortgage and legal costs:
£999
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