Asking Price Of £350,000

Normanton Avenue, Bognor Regis

Property Description
This is an investment opportunity to purchase three flats which are all currently rented on Assured Shorthold Tenancy. The ground floor offers two studio flats which both have rear access to the communal gardens; the four bedroom maisonette property is arranged over the first and second floors. Outside there is a communal garden and a separate garage with off road parking.
34A:
In short the accommodation for comprises of a sizeable studio room, separate kitchen, bathroom and a utility room leading to the rear garden.
34B
This studio on the ground floor has again a sizeable studio room, re-fitted showroom and a separate modern kitchen with access to the rear garden. This property benefits from a renewed gas boiler.
34C
The maisonette is accessed via the communal hall with a private entrance to the stairs, the first floor has two bedrooms, lounge, kitchen/breakfast room, bathroom and separate w/c. The second floor has two large double bedrooms.

The properties could potentially produce an approximate income of £20,100 per year with an opportunity to increase to £23,100 per year. This is also being sold with the FREEHOLD and let with Assured Shorthold Tenancy Agreements. Please call for full details

Location
Bognor Regis town centre can be found within approximately 1.1 miles, with mainline railway station and shopping precinct. Aldwick's local shopping parade and the seafront is located in approximately 0.2 miles.
The Cathedral City of Chichester can also be found within approximately 7 miles to the west with its excellent high street shopping, including restaurants, cafes and bars.


Floorplan for Normanton Avenue, Bognor Regis

Bognor Regis Office
01243 864400