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See how verdicts work1-bedroom property · PO22 6RP
Under offerReduced £5k (−5%) on 26 OctListed 414 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This delightful first-floor retirement apartment has been designed to provide a light and airy living space, offering a perfect blend of comfort and convenience.
Benefits include: entrance hall with useful storage cupboard; well-equipped fitted kitchen with integrated double oven, hob and extractor unit, along with plumbing for washing machine; spacious living / dining room enhanced by a bay window recess; double bedroom with fitted wardrobes and drawer units, providing ample storage space; shower room with storage cupboard.
In addition, residents can enjoy the beautifully maintained communal gardens, parking in the communal parking area and laundry facilities.
The location is particularly advantageous, as it is within walking distance to a doctors' surgery, various amenities, and bus routes, ensuring that all your daily needs are easily met.
Furthermore, a short drive will take you to nearby shops and mainline train station at Bognor Regis plus local beaches. EPC - E. Council Tax Band - B. Tenure - leasehold.
99-year lease with 88 years remaining. Service charge - £2,433.76 per annum. Ground rent - nil.
Kitchen - 2.68 x 2.70 (8'9" x 8'10") - Living / Dining Room - 6.26 x 3.21 (20'6" x 10'6") - Bedroom - 4.43 x 2.55 (14'6" x 8'4") - Shower Room - 1.64 x 2.03 (5'4" x 6'7") -
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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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 Priestley Way, Bognor Regis
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