2 Madeira Parade, Madeira Avenue, Bognor Regis, PO22 8DX

Full description

RESIDENTIAL INVESTMENT - An investment opportunity to purchase four flats within the same block, all currently tenanted and producing an annual income of £31,080. This gives a yield of 7.77 percent based on the guide price of £400,000 The property comprises of two ground floor flats, one first floor and one second floor, all accessed via private front doors. The property is situated on the north-east side of the seaside town of Bognor Regis in the popular residential area of Glenwood, within easy walking distance of Hotham Park, Felpham beach and the town centre with its precinct shopping facilities, range of cafes, bars, restaurants and the mainline railway station with services to London Victoria and the South Coast.