Leaders Sales says ..

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom apartment located on The Esplanade in Bognor Regis. The apartment is situated in a block of flats directly overlooking the seafront. The location is excellent, with the beach and seafront directly outside. Bognor Regis train station is within walking distance, providing good transport links. There are also several schools nearby, including St Mary’s Catholic Primary School and Edward Bryant School, both rated ‘Good’ by Ofsted. This makes the property attractive to families and those seeking a convenient coastal lifestyle. Based on the provided images, the apartment appears to be in generally good condition, although some aspects of the decor and fixtures could be considered dated. The kitchen and bathrooms show signs of age, and an update might enhance the property’s appeal. However, there is no evidence of significant damage or disrepair. While the plot size is relatively small for a property of this type, the apartment’s prime seafront location compensates for this. The lack of a private garden is expected given the apartment style and location. The list price of £240,000 is significantly below the average house price in the area (£761,083). However, this is expected given that it is an apartment and not a house. Considering the average price per sqft in the area is £597, and this apartment is 727.64 sqft, the expected price would be approximately £434,500. Therefore, the list price is considerably lower than the average, making it potentially good value for money, especially considering its location. However, potential buyers should factor in the cost of potential modernisation to fully assess value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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