2-bedroom flat · PO21 2NH
For saleListed 552 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation in brief comprises:- entrance lobby leading through to a hallway, in-turn leading to a versatile inner hall, a generous bay fronted living room, re-fitted kitchen/breakfast room, two good size bedrooms and a modern re-fitted shower room.
The property also offers a gas heating system via radiators, majority double glazing, useful external store, private courtyard and has the use of a communal lawned garden opposite.
The property is approached at the front via steps leading into the private courtyard, where a gate leads through to the external store room and front door, which opens into a lobby area in-turn leading to a hallway, which flows into an inner hall.
A door from the inner hall leads to the impressive living room at the front, which measures 22' 9” x 15' 4” overall into a feature bay, with double glazed French doors providing access into the southerly courtyard at the front.
The inner hall which lends itself to a variety of uses, provides access into the kitchen and also has a door to the large principal double bedroom measuring 15' 10” x 15' 4” excluding a useful wardrobe recess, which has currently been utilised as a study area/work station.
The principal bedroom also has two windows to the rear.
The kitchen is a large L shaped room which has been re-fitted with modern gloss units with coloured work surfaces, an inset 5 burner gas hob with feature hood over, eye level double oven/grill, integrated concealed fridge/freezer, space for a washing machine, stable door and double glazed window to the side, tiled flooring, inset ceiling down lighting and wall mounted gas combination boiler (approx.
3 years old). From the kitchen to the rear there is an open plan walkway with bespoke fitted storage, which leads to the second double bedroom which has windows to the side and rear.
In addition, the property boasts a modern re-fitted shower room, with oversize shower enclosure with fitted dual shower, wash basin with storage under, enclosed cistern wc, modern heated towel rail, tiled walls and flooring, an obscure double glazed window to the side and extractor fan.
Externally, the courtyard currently houses a timber Summer House/Store.
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
FAQ
About Flat 4,, Park Terrace, Bognor Regis, West Sussex
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