This investment opportunity is situated on Aldwick Road within close proximity to Bognor Regis High Street, Aldwick shopping parade and the mainline train station and further public transport links. The Cathedral city of Chichester can be found 6.5 miles north and boasts a comprehensive shopping centre as well as the Festival Theatre and Goodwood Estate.
The property consists of two one bedroom apartments, both of which benefit from parking and the ground floor boasts a small garden area.
The access to the ground floor apartment is to the rear of the property and upon entering, there is a modern kitchen leading to an internal hallway. To the left is a newly fitted shower room and a good sized double bedroom. To the front of the property, there is a storage cupboard and a large reception room with a dual aspect window.
There is a private entrance to the front for the first floor apartment with stairs leading to the accommodation. This apartment has a sizable kitchen and a double bedroom to the rear. To the front is a bathroom and a dual aspect sitting room.
Both properties are currently let on assured shorthold tenancies and could potentially have a combined income of £1,725 PCM, this creates a yield of 7.67%.
It is our understanding that the property is currently on a single title and is registered as a freehold.
As the seller’s agent we are not surveyors or conveyancing experts and as such we cannot and do not comment on the condition of the property or issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions.
From West Park head north along Silverston Avenue, turn right onto Aldwick Road and the property can be found on your right after the traffic lights on the crossroads.