We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · PO21 4TW
For saleListed 785 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this practical apartment on The Parade in Pagham! This delightful flat boasts a central Lounge/Diner and modern Kitchen, perfect for entertaining guests or relaxing with your family.
With 3 Bedrooms, there's plenty of space for everyone to unwind and enjoy a good night's sleep. The property features 2 modern Ensuites, ensuring convenience and comfort for all residents.
Situated in a prime location, you'll have easy access to all the amenities that Pagham has to offer, from shops to cafes and everything in between.
Don't miss the opportunity to make this lovely flat your new home or rental investment. Contact us today to arrange a viewing and experience the comfort and convenience this property has to offer.
The Following information has been provided by the seller.
We Would advise that you ask your solicitor to verify this information during the course of your purchase: Lease - 199 Year Lease from 29th September 2008 Service Charge - £611.49 - 1st April 2024 to the 31st March 2025 Ground Rent - £250.00 per annum Bulding Insurance - £755.29 per annum - 1st January 2024 to 31st December 2024 please note - All dimensions are approximate and are quoted for guidance only.
Any floor plans shown are intended to be a general guide to the layout of the property, they are not drawn to scale, and should not be used as a definitive plan.
The position of windows, doors and fittings may vary from those shown. References to appliances and/or services do not imply they are in working order or fit for the purpose.
Please have your solicitor confirm the freehold/leasehold status, the position regarding fixtures/fittings and the position regarding plan
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 advisers 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
.png)
FAQ
About 20a, The Parade, Bognor Regis
Explore nearby