1-bedroom flat · PO21 3JY
Listing removedListed 128 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation briefly comprises, personal door to entrance way with door to useful cupboard, dual aspect sitting room with double doors giving access to a small patio area, kitchen with integral oven, gas hob with extractor above, dual aspect double bedroom and bathroom with WC.
Outside, the front courtyard is owned by this flat and has residents’ access for water stopcocks and a further courtyard accessed via the sitting room, again with residents’ access for meter readings.
Allocated parking space accessed via Pagham Road. A viewing is highly recommended to appreciate its convenient location. Tenure: We understand there is a 999 year lease from 2004.
Maintenance Charge: We understand from our vendor that there are no current formal charges. Ground Rent: Peppercorn cost of £1 p.a.
Buildings Insurance: We understand the buildings insurance is £418 p.a. EPC Rating: C Location The village of Nyetimber is located to the west of Bognor Regis and within the parish of Pagham.
It offers a range of local amenities including a Tesco Express convenience store, post office, newsagent and a number of public houses.
Infants and juniors school can be found at the nearby village of Rose Green, as well as further local shops and facilities.
A regular bus service links the village to the seaside town of Bognor Regis and also the Cathedral City of Chichester. What3Words ///storage.author.valuables
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
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FAQ
About Flat 1, 34 Nyetimber Lane, Bognor Regis
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