2-bedroom flat · PO21 1NY
For saleReduced £25k (−7.1%) on 21 JunListed 641 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Luxury apartment situated in the popular development of Esplanade Grande. There is a spacious entrance hall with ample storage.
The sitting room is south facing with two balconies, south and west facing with glorious sea views and the hexagonal shaped dining room with panoramic views make this a unique living space.
The kitchen is fitted with contemporary cream gloss units under black granite worktops with integral appliances.
The principal bedroom has double fitted wardrobes and bedroom furniture and a full bathroom en-suite.
There is a second double bedroom also with a fitted wardrobe and fitted furniture plus a shower room.
Outside, there is an allocated parking space and additional visitor parking spaces in the secure gated parking area. The apartment is offered for sale with no onward chain.
Tenure: We understand there is 105 year lease from 01/09/07. Maintenance Charge: We understand the maintenance charge is approximately £3,312.90 p.a.
Ground Rent: We understand the ground rent is currently £300 p.a.
EPC Rating: B Location Situated directly on the seafront of Bognor Regis town centre, with its precinct shopping facilities, mainline railway station to London Victoria and the traditional beach and promenade.
What3Words ///rugs.raft.upset
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Apt 37, Esplanade Grande The Esplanade, Bognor Regis
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