Ockley Road

FOR SALE: Ockley Road, Bognor Regis, West Sussex, PO21 2HW

Guide Price: £210,000

Property Information

• Property Type: Terraced House
• Tenure: Freehold
• Bedrooms: 2
• Accommodation:
• Ground Floor: Reception room, kitchen, bathroom
• First Floor: Two bedrooms
• Outside: Rear garden
• Current Tenancy: Let on an Assured Shorthold Tenancy (AST)
• Rental Income: £1,050 per month / £12,600 per year
• EPC Rating: C

This charming 2-bedroom terraced house offers a mix of traditional character and practical living space. The property is in excellent condition and benefits from a private rear garden. Currently tenanted, it provides immediate rental income for investors.

Investment Information

• Sale Price: £210,000
• Annual Rental Income: £12,600
• Gross Yield: 6.0%

This property presents a solid income-generating opportunity. With tenants already in situ, the sale guarantees immediate cash flow without any void periods, making it ideal for buy-to-let investors seeking a hands-off investment.

Reasons to Invest

• Immediate Income: Tenants are in place on an AST, providing guaranteed rental returns from day one.
• Low Risk Investment: Freehold ownership with no service charges or ground rent, offering complete control over your investment.
• Strong Yield: Current rental income provides a gross yield of circa 6%, higher than average for the local market.
• Long-Term Growth Potential: Bognor Regis is a growing seaside town, popular for both tenants and holiday lettings, giving potential capital appreciation.
• Minimal Management Hassle: The property is well-maintained, reducing the need for immediate refurbishment or significant maintenance.

Location Information

• Bognor Regis is a popular seaside town in West Sussex, offering a mix of residential and rental demand.
• Distance from London: 55.5 miles southwest
• Distance from Brighton: 24 miles west
• Distance from Chichester: 5.8 miles southeast
• Distance from Portsmouth: 16 miles east

The town benefits from excellent transport links, local amenities, and strong rental demand due to its coastal location. This makes 29 Ockley Road an ideal addition to any property portfolio, whether focused on long-term tenants or holiday rental potential.

Investor Summary:

Ockley Road represents an excellent opportunity for investors seeking a low-risk, high-yield property in a desirable seaside location. With tenants already in place, freehold tenure, and a competitive purchase price, this property offers immediate returns and long-term growth potential.

LET PURE INVESTOR TAKE THE STRAIN AWAY …..

We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio.

• Fully managed lettings and property management service
• Comprehensive coverage throughout England and Wales
• One team, one fee across your full portfolio
• Rental income protection available
• Transfer your existing properties quickly and easily

If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: 0161 337 3890 to find out more

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