Two freehold flats with strong rental potential a short walk from seafront and station.
For sale by auction — cash buyers and investors only
A rare investor opportunity in central Bognor Regis: a mid‑20th‑century brick house converted into two self-contained flats, sold as one lot with vacant possession. Each flat is advertised as a two-bedroom and each owns its own freehold title; the seller suggests a combined rental income of circa £27,000 per annum, giving an indicative yield for cash buyers. The property includes a paved driveway, rear garage/car space and a small garden.
This lot will be offered at auction and is strictly for cash or investor purchasers. It is explicitly not suitable for mortgage lending. Buyers should note fees apply and are advised to review the legal pack and verify the stated rental figures and measurements independently. While the flats are described as in good condition, the building is compact with limited communal external space and loft accommodation.
Location is a principal strength: moments from the town centre, seafront and mainline station, with shops, cafés and leisure amenities on the doorstep. That proximity supports short‑term or longer‑term lettings and offers straightforward management for a local investor.
Material cautions: the area is described as deprived with very high local crime levels — factors that can affect tenant demand and insurance/costs. The plot is small and internal accommodation is modest; any buyer planning refurbishment should allow for conversion costs and to satisfy themselves on compliance and condition prior to purchase. Auction sale terms mean prompt exchange and completion obligations.
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