2-bedroom flat · PO21 2QN
For saleReduced £20k (−8%) on 25 JulListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No chain. A spacious two double bedroom ground floor apartment positioned in Marine Park, just minutes from the local shopping parade, Marine Park Gardens and the seafront.
The accommodation briefly comprises, communal entrance hallway leading to the front door, opening to a hallway with two store cupboards, and leading to separate fitted kitchen and a sitting/dining room with an easterly facing aspect window and door to a private patio.
There are two double bedrooms both having built-in double cupboards, and a shower room including separate shower cubicle with mixer shower.
Outside, there is a generous size patio and well-kept communal gardens. Tenure: We understand the lease was extended recently to over 100 years.
Maintenance Charge: We understand the maintenance charge is approximately £3,116.86 p.a. Ground Rent: We understand the ground rent payable is currently £120 p.a.
Aldwick offers a range of local facilities including a shopping parade and direct bus routes into Bognor Regis and the Cathedral City of Chichester.
West Park is situated close to the property, as well as the delightful Marine Park Gardens.
The historic Cathedral City of Chichester is about six miles, which offers a rich variety of cultural and leisure facilities including the famous Chichester Festival Theatre
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About Flat Flat 50, Marine Park, Nyewood Lane, Bognor Regis
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