2-bedroom flat · PO21 2QA
To rentReduced £50 (−4.3%) on 17 OctListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom first floor flat on the seafront in Aldwick enjoying a fantastic position within easy distance of local shops, bars and restaurants.
The property has a modern kitchen and shower room, two bedrooms and a parking space. It is literally across the road from the seafront and is found within easy distance of Bognor Regis town centre.
Two bedroom first floor flat on the seafront. Mill House stands proudly opposite the seafront and promenade, providing a very pleasant walk to the town centre, with local amenities close-by.
The property comprises an entrance hall, two bedrooms, lounge/diner, a newly fitted kitchen providing space for appliances and a newly installed shower room.
The property it also fitted with new modern, slimline electric heating. A rear fire-escape provides a second entry and exit to and from the property. With off road parking to the rear.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Flat 6 Mill House, 7-8, Marine Drive West, Bognor Regis
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