6-bedroom house · PO22 0JD
For saleReduced £205k (−17.1%) on 25 SepListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Jacobean farmhouse of immense character with 6 bedrooms and 4 reception rooms, in need of some updating.
A hugely characterful Jacobean farmhouse believed to date from the 17th Century and with a wealth of features including extensive sandblasted oak beams (mostly of excellent head height), cathedral quality Yorkstone flagstones, ancient internal doors, herringbone flooring and mellow red brick and flint exterior.
The accommodation is extremely flexible with a number of reception rooms and bedrooms that could easily be repurposed as offices, study's and hobby rooms.
The garden faces due south and there is plenty of parking. The house will benefit from sympathetic improvement including redecoration.
Parsonage Farm House is a short distance from the extensive facilities of Barnham village centre with its range of local shops, schools and churches.
There is a railway station with services to London Victoria in about 1 hour 30 minutes and Gatwick airport in around 50 minutes.
More comprehensive facilities are available at Arundel, some five miles to the east or the cathedral city of Chichester, some five miles to the west.
There is a wide choice of sporting and recreational activities in the surrounding area, including horse racing at both Goodwood and Fontwell Park, polo at Cowdray Park, numerous golf courses, sailing and water sports on Chichester Harbour and at Littlehampton along with walking, riding and country pursuits in the beautiful South Downs National Park.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Parsonage Farm House,, Lake Lane, Bognor Regis
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