2-bedroom property · PO21 3UQ
For saleListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Although the home internally could benefit from some cosmetic updating and general decor, the bright and airy accommodation offers entrance lobby, cloakroom/wc, open plan L-shaped living/dining room, kitchen, inner hall, two bedrooms and bathroom (2nd wc).
The home also offers double glazing, a mains gas heating system via radiators and combination boiler (not tested), a block paved driveway providing on-site parking and a private enclosed wrap around garden with purpose built store.
The front door, which is positioned at the side, leads into the entrance lobby where there is a useful built-in cloaks storage cupboard.
Doors from the lobby lead to the kitchen, the living room and the cloakroom which has a wc, wash basin and window to the front.
The living/dining room is an L-shaped room with windows to the front and rear, along with a fireplace and doors to the kitchen and inner hall.
The kitchen has a window to the side and double glazed door to the rear providing access into the private garden.
The kitchen itself comprises a range of fitted units and work surfaces, a gas hob with hood over and oven under, space and plumbing for a washing machine and space for a free standing fridge freezer, along with a door back to the entrance lobby and a fitted double fronted cupboard which houses the gas combination boiler (not tested).
The inner hall has door to the two bedrooms and bathroom.
Bedroom 1 is a good size double room with window to the front and fitted wardrobes with further wall mounted fitted storage units and dressing table.
Bedroom 2 has a window to the side and two fitted double wardrobes/storage cupboards with corner shelving.
The bathroom could benefit from some updating and has a coloured suite of bath with mixer tap/shower attachment, wc, wash basin inset into surround with storage under, ladder style heated towel rail and window to the rear.
Externally, the rear garden is accessed via a brick arch with metal gate leading to a wide paved patio area with area of grass, a purpose built store and additional paved area to the side, with further gate to the front.
Value & comps
No previous sales on record.
Returns
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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 6, Barley Close, Mill Farm, Pagham, Bognor Regis, West Sussex
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