2-bedroom flat · PO21 1TB
For saleReduced £15k (−11.5%) on 24 SepListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Martin & Co are delighted to bring to the market this newly refurbished two bedroom ground floor flat on the seafront. Spacious lounge. Gas central heating & double glazed.
Fitted kitchen - electric hob & oven. Two small double bedrooms. White bathroom suite with a shower. Close to the sea front.
Discription Martin & Co are delighted to bring to the open market this two bedroom spacious ground floor flat situated within close proximity of Bognor Town Centre and Seafront.
The property benefits from a fitted kitchen, bathroom with modern suite and two double bedrooms.
The property has recently been redecorated throughout and will be offered for sale with vacant possession. Entrance hall UPVC double glazed door to inner lobby area. Wall mounted fuse box.
Wall mounted cloak rail. Living room 18' 9" x 17' 0" (5.72m x 5.18m) Two obscure double glazed windows to front aspect. Wall mounted radiator. Two newly fitted carpets. Newly repainted throughout.
Kitchen 8' 11" x 8' 8" (2.72m x 2.64m) A range of fitted worktop surfaces with cupboards and drawers. Wall mounted cupboard units over inset electric hob.
One and half bowl sink unit and drainer and mixer taps over. Overhead extractor fan. Wall mounted radiator. Part tiled walls. Space and plumbing for washing machine.
Bedroom one 10' 11" x 8' 11" (3.33m x 2.72m) Obscure double glazed French doors opening to rear aspect. Wall mounted radiator. Built in cupboard housing Worcester boiler.
Bedroom two 9' 7" x 8' 11" (2.92m x 2.72m) Obscure double glazed French doors opening to rear aspect. Wall mounted radiator. Bathroom 6' 8" x 5' 9" (2.03m x 1.75m) Pedestal wash basin. Low level WC.
Enclosed panel bath with wall mounted shower attached and shower screen divider. Part tiled walls. Wall mounted radiator. Wall mounted shaving point. Vinyl flooring.
Aml money laundering checks The Government requires estate agents to carry out Anti Money Laundering checks on all purchasers.
Before we are able to send out a Memorandum of Sale to activate your purchase, Martin & Co must verify and hold evidence on file for each buyer: The following applies: Identity & Address, Source of Funding and establish whether any prospective purchasers are Sanctioned Individuals (si) or Politically Exposed Persons (pep).
This will be a check conducted by Thirdfort an independent third-party company. The cost is £30 per person and is payable before a Memorandum of Sale is issued.
If you already have a copy of a pep & si check conducted by Thirdfort (or similar service) that is less than three months old, please let us know as we may be able to re-use it.
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 4A, Manor Place, Bognor Regis
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