Summary - HOMECROFT HOUSE FLAT 56 SYLVAN WAY BOGNOR REGIS PO21 2NQ
1 bed 1 bath Flat
Compact, manageable retirement apartment near town with communal amenities.
Chain free one-bedroom retirement flat overlooking communal gardens
A chain-free, purpose-built one-bedroom retirement flat on Sylvan Way, set within Homecroft House and overlooking communal gardens. The apartment offers a bright living room, double bedroom with fitted wardrobe, separate kitchen and bathroom, plus residents’ lounge and laundry facilities.
Important practical details affect purchase suitability: the lease has 55 years remaining, which may prevent some mortgage lenders from lending. Annual costs are high for the size — service charge approximately £3,672.70 and ground rent £898.50 — and heating is by electric storage heaters.
This property suits a downsizer or a cash buyer looking for an easy-to-manage retirement base close to Bognor Regis town centre. It also has short-lease investment potential for those prepared to tackle lease extension costs. Be aware the area records above-average crime and the flat’s kitchen appears dated, so budget for updates and confirm lending options before offering.
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