3-bedroom flat · PO21 4DX
For saleReduced £25k (−10%) on 9 OctListed 47 days
Opportunity summary
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About
The incredibly deceptive accommodation comprises: Private entrance leading to a staircase to the first floor hallway, rear aspect fitted kitchen, generous living room, two first floor bedrooms/receptions, staircase to the second floor, second floor principal double bedroom and second floor shower room with separate wc.
The property also offers double glazing, a gas heating system via radiators and modern combination boiler, along with two external balconies/terraces.
A covered storm porch protects the part glazed front door which leads into the entrance, where there is a carpeted staircase with handrails, which leads up to the first floor hallway, which has picture rail surround, doors to the kitchen, living room, two bedrooms/receptions and a further carpeted staircase to the second floor.
The kitchen is positioned at the rear of the property and provides fitted units and work-surfaces, an integrated electric hob with hood over, single drainer sink unit with mixer tap, space and plumbing for a washing machine and dishwasher, space for a free standing fridge/freezer (appliances can be included in the sale if required), cupboards housing the meters and modern electric consumer unit, along with a double glazed window and double glazed door to the rear.
The living room is positioned at the front of the property with picture rail surround and two double glazed windows to the front.
Adjacent to the living room is a good size 2nd bedroom/dining room with a double glazed window to the rear and picture rail surround.
In addition, the first floor also offers a versatile 3rd bedroom/study/hobbies room, with a double glazed window to the front and picture rail surround.
The second floor landing has a narrow double glazed door to the rear providing access onto a roof terrace, along with doors to the principal bedroom, shower room and separate wc.
The principal bedroom has a built-in storage cupboard, fitted wardrobes and double glazed window/door to the front, providing access onto a front balcony/terrace.
The shower room provides a glazed corner shower enclosure with fitted shower, wash basin with storage under, tiled splash-backs, ladder style heated towel rail and double glazed window to the rear, along with an access hatch to the loft space and useful built-in generous storage cupboard housing the modern gas combination boiler Adjacent to the shower room is a separate wc with double glazed window to the rear.
N.B. At the rear there is a freehold garage which could be available under separate negotiation. Service Charge: Self Maintaining Tenure: Leasehold with a 140 year lease upon completion.
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 5a Coastguards Parade, 109, Barrack Lane, Aldwick, Bognor Regis, West Sussex
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