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Property for sale
Albert Road, Bognor Regis
£400,000
Albert Road, Bognor Regis
£400,000
Our Summary
- FOR SALE BY AUCTION ON 26th November 2025Corner residential Investment property with parcel of land included suitable for development potential subject to all of the necessary consents
- Auction Guide £400,000/£450,000Outstanding investment and development opportunity comprising of 5 self contained flats at a total passing rent of £43,800 together with a large and significant parcel of land to the rear of the property with road frontage and access suitable for redevelopment subject to the usual required consents that is currently used for multiple car parking
- Total passing rent with scope to increase is £43,800 at a yield of almost 11%
- Corner Freehold Residential Investment as 5 Self Contained Flats and Development Land SPP
- For Sale By Auction on 26th November 2025
- Large and Significant Parcel of Land Included with Development Potential SPP
- Outstanding Investment Opportunity
Description
This property is a rare investment and development opportunity, comprising of 5 self-contained flats generating a total passing rent of £43,800, with a significant parcel of land to the rear suitable for redevelopment, subject to necessary consents. The property is currently used for multiple car parking, with a parking space at the front also included. The flats are let on Assured Shorthold Tenancies (ASTs) with varying rents, with potential to increase yields. The property offers a yield of almost 11% and presents an exciting opportunity for investors and developers to capitalize on its potential.