1-bedroom flat · PO21 2DJ
Sold STCReduced £15k (−10.7%) on 25 MayListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
At some point in our property buying lifetime, we all have to step onto the ladder.
In this world of ever increasing prices, it has become ever more difficult to take this step, but perhaps this property could be that starting point.
Or is this the ideal property for you to downsize to, a bolthole while you enjoy the next chapter of your journey?
This 1 BEDROOM GROUND FLOOR FLAT offers bright accommodation with the benefit of gas fired central heating and uPVC framed Double Glazing.
Located within 100 yards of the Aldwick Road shopping area, the Beach lies a further 250 yards beyond.
Bognor Regis town centre with the main line railway station and other associated amenities, lies approximately 1/2 a mile away.
So if these features appeal to you, why not telephone May's for an appointment to view - this could be the start of the climb up that ladder !
communal entrance hall, door to: ENTRANCE HALL: telephone entry system; telephone point; radiator; meter cupboard; glazed door to: LIVING ROOM: 14' 7'' x 10' 0'' (4.44m x 3.05m) dual aspect room; T.V.
aerial point; radiator; gas fire (not tested); door to: KITCHEN: 10' 5'' x 4' 0'' (3.17m x 1.22m) (maximum measurements over units) range of floor standing drawer and cupboard units having roll edge worktop and matching wall mounted cabinets over; tiled splash back; stainless steel sink; four burner gas hob with filter hood over; space and plumbing for washing machine; further appliance space; radiator.
BEDROOM: 10' 4'' x 8' 8'' (3.15m x 2.64m) shelved cupboard housing gas fired boiler (not tested); further cupboard with hanging rail; airing cupboard housing lagged hot water cylinder; radiator.
SEPARATE W.C.: low level W.C.. BATHROOM: matching suite comprising panelled bath with mixer tap and hand held shower attachment; pedestal wash hand basin; radiator.
OUTSIDE AND GENERAL ALLOCATED PARKING: LEASE DETAILS: TENURE: It is understood that there some 942 years remaining on the 1000 year lease.
SERVICE CHARGE: It is understood that this was levied at £950.00 pa to the year ended 31st December 2026. GROUND RENT: £20.00 pa.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Norfolk Square, Bognor Regis
Explore nearby
