Property for sale in Walton Road, Bognor Regis PO21
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Property features
- Development opportunity
- Permission granted for 2 additional flats
- Application br/178/22/pd
- Freehold of whole building included
- Great location
Property description
Home + Castle have been instructed to sell the freehold to a block of 5 flats, along with planning permission granted for an additional storey, providing an option for 2 more flats.
Planning Permission Granted 25/10/2022 for 2 x 2 Bedroom Top Floor Flats - Application br/178/22/pd.
Located within half a mile of Bognor Regis train station.
Further Infromation
There will be some ground rent income from two of the flats £200.
1.Flat 1 will be held under an overriding Lease for 999 years at a peppercorn
2.Flat 2 will be held under an overriding Lease for 999 years at a peppercorn
3.Flat 3 is held pursuant to a lease dated 1 February 2012, for a term from 1 February 2012 to 19 December 2161. The annual rent is £100 for the first 25 years, £200 for the next 25 years, £400 for the next 25 years and £800 for the remainder of the term
4.Flat 4 is held pursuant to a lease dated 23 November 2011, for a term from 23 November 2011 to 19 December 2161. The annual rent is £100 until 24 June 2032, thereafter £200 until 2062, £300 until 2092, £400 until 2122 and thereafter £500 per annum.
5.Flat 5 is held pursuant to a lease of 140 years approx. At a peppercorn
Please note section 5 notices will need to be served.
Planning Permission Granted
Permission granted to add additional floor, creating 2 additional flats (6 & 7). Application Number br/178/22/pd.
Flat 6 & Flat 7 Layout
Hallway
Living/Dining Room (5.14 x 3.57 (16'10" x 11'8"))
Kitchen (2.77 x 2.0 (9'1" x 6'6"))
Bedroom 1 (3.83 x 2.83 (12'6" x 9'3"))
Bedroom 2 (3.23 x 2.63 (10'7" x 8'7"))
Bathroom (2 x 1.95 (6'6" x 6'4"))
Property info
Allestree Court Flat 6 & 7.pdf View original
View Floorplan 1(Opens in a new window)
For more information about this property, please contact
Home & Castle Estate Agents, BN26 on +44 1323 916677 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Home & Castle Estate Agents, and do not constitute property particulars. Please contact Home & Castle Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.