2-bedroom flat · PO21 5DN
No longer listedListed 58 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A BRIGHT and SPACIOUS GROUND FLOOR APARTMENT, located in a pleasant residential area on the outskirts of Bognor. Easy access to Chichester. TWO DOUBLE BEDROOMS, BATHROOM and LARGE LOUNGE.
KITCHEN & MODERN BATHROOM. On street parking. This ground floor apartment has excellent accommodation, which is both well presented and also very spacious.
There is an entrance porch with useful storage cupboards, leading to the inner hall. This also has useful storage.
The sitting room is of an excellent size and has an attractive outlook over the front. There is also a gas fire. The kitchen has a range of fitted storage units, including a fridge/freezer.
There is space for a washing machine. The main bedroom is a very generous double room and it also has two wardrobes. It enjoys an outlook over the rear, communal garden.
The second bedroom is a smaller double room, with a single fitted wardrobe. The bathroom has a modern suite with shower over the bath. Communal gardens & on street parking.
Gas central heating & double glazing. North Bersted is a popular residential area on the outskirts of Bognor Regis.
There are some useful local shops and takeaways and Bognor itself has a wider range of shops and facilities, as well as the popular beach.
Chichester is only a few miles to the west and has lots of interesting shops, restaurants and cultural amenities, including Pallant House Gallery and the Festival Theatre.
Sporting activities in the area include golf and racing at Goodwood and sailing at Chichester Harbour. Directions: from the Royal Oak on the mainA259, proceed west towards Chichester.
You will see the turning on the left to New Barn Lane after a short distance.
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
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FAQ
About New Barn Lane, North Bersted
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