1-bedroom property · PO21 2NQ
For saleListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is an opportunity to acquire a delightful first floor retirement apartment in the popular Homecroft House development that is age exclusive to those aged 60 years and above and provides privacy and dignity whilst being surrounded by like-minded neighbours.
There are stairs and a lift giving access to all floors and a communal lounge and laundry facility are provided on the ground floor.
The development is surrounded by well maintained mature gardens and ample parking can be found in the private car park on site and is offered for sale with NO FORWARD CHAIN.
The apartment has uPVC double glazing and electric heating.
Water rates are included in the annual service charge, along with the cost of the House Manager, 24-hour emergency cover and maintenance and cleaning of all communal facilities (including window cleaning), Local shops, bus services and the beach in West Bognor are within an 800 yard level walk.
Bognor Regis Town Centre and Railway Station is within a mile radius.
We have been advised of the following Information: EPC RATING - C (77) COUNCIL TAX - Band A TENURE – Leasehold LEASE – TBC GROUND RENT – £800 per year Service Charge: £2,349.04 includes Water and Building Insurance 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 planning approval/building regulations where a property has been extended.
These particulars do not constitute or form part of an offer or contract, nor may they be regarded as representations.
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
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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
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FAQ
About Sylvan Way, Bognor Regis
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