Sims Williams says ..
** ATTENTION INVESTORS ** This GROUND FLOOR APARTMENT in need of modernisation is being offered for sale with NO FORWARD CHAIN. Should the property be refurbished it would achieve 900 PCM on the rental market.
Property Oracle says ..
This one-bedroom apartment located on Linden Road in Bognor Regis, West Sussex, presents a unique opportunity for investors or buyers looking for a project. Situated near Bognor Regis train station and several schools, the location offers easy access to transportation and educational facilities. The property’s exterior is somewhat appealing, though its interior requires extensive renovation. Walls and floors exhibit damage, necessitating significant repair or replacement. The bathroom and kitchen fixtures are visibly outdated and will need to be completely overhauled. The overall condition necessitates a considerable investment to bring it up to a habitable standard. Whilst the listing mentions the potential rental value of £900pcm post-refurbishment, this needs verification through local estate agents. The lack of information on the plot size further limits the full assessment. The price point, although seemingly affordable for the area given the need for extensive work, should be carefully considered in the context of the required renovation costs. Prospective buyers should factor in budgeting for a comprehensive refurbishment before making a purchasing decision. A professional surveyor’s assessment is highly recommended to obtain a precise estimate of the renovation costs.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 477.92
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 636,667.00 £Decreased by 17.62 %
- Est sale value
- 528,101.60 £Increased by 98.38 %
- Average area rental value
- 2,030.00 £/moIncreased by 3.89 %
- Est letting value
- 1,433.76 £/moIncreased by 200.00 %
- Est rental Yield
- 3.83 %Increased by 26.40 %
- Crime Rate
- 28.00 %Unchanged by 0.00 %
Agent Activity
Sims Williams marked this listing as sold.
Sims Williams created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bognor Regis Nursery School | Local Authority Nursery School | Outstanding | 0.43 KM |
| Bognor Children And Family Centre | Children's Centre | 0.48 KM | |
| Edward Bryant School | Academy Converter | Good | 0.58 KM |
| St Mary'S Catholic Primary School | Voluntary Aided School | Good | 0.66 KM |
| South Bersted Cofe Primary School | Voluntary Controlled School | Good | 1.01 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Stanley Close | £ 90,000 | 0 | 0.00 KM |
| Gordon Avenue | £ 0 | 0 | 0.00 KM |
| York Road | £ 0 | 0 | 0.00 KM |
| Fletcher Way | £ 0 | 0 | 0.00 KM |
| Glamis Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bognor Regis | 5253 | BOG | 0.16 KM |
| Barnham | 5252 | BAA | 6.42 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Linden Road, Bognor Regis | £ 89,950 | BUY | 4 / 10 | 0.00 KM |
| Longford Road, Bognor Regis, West Sussex, PO21 | £ 120,000 | BUY | 4 / 10 | 0.06 KM |
| Town Centre | £ 140,000 | BUY | 5 / 10 | 0.08 KM |
| Linden Road, Bognor Regis, West Sussex | £ 65,000 | BUY | 6 / 10 | 0.08 KM |
| Clifton Road, Bognor Regis, PO21 | £ 350,000 | BUY | 7 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 12 Linden Road | £ 290,000 | 0.04 KM |
| 6 Linden Road | £ 49,000 | 0.04 KM |
| 26a Linden Road | £ 230,000 | 0.04 KM |
| 7 Longford Road | £ 150,000 | 0.04 KM |
| 3b Longford Road | £ 115,000 | 0.04 KM |