1-bedroom flat · PO21 2RL
For saleReduced £10k (−8%) on 21 JunListed 746 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 open market this one bedroom ground floor flat situated within an iconic Victorian late prep boarding school built in the 1880's just a short walk to Bognor Regis Seafront and Town Centre.
The property benefits from a living room, kitchen/breakfast room, double bedroom and bathroom. There are communal gardens and the property will be offered with vacant possession.
The property would suit an investor or first time buyer. Hallway 8' 2" x 6' 11" (2.49m x 2.11m) Door opening to inner hallway. Built in floor mounted cupboard housing storage cupboard.
Further wall mounted cupboard housing fuse box and electric meters. Wall mounted time set control. Living room 11' 11" x 11' 0" (3.63m x 3.35m) Two sash glazed windows to front aspect.
Wall mounted radiator. Kitchen/breakfast room 14' 11" x 7' 10" (4.55m x 2.39m) Sash glazed window to front aspect.
Fitted granite effect work top surfaces with cupboards and drawers under further eye level cupboard units over. One and a half bowel sink unit with mixer taps over.
Space and plumbing for washing machine. Space for fridge freezer. Inset electric hob with oven and grill under and overhead extractor fan. Built in cupboard housing combi boiler.
Further overhead storage cupboard. Part tiled walls. Wall mounted radiator. Breakfast area. Tiled flooring. Bedroom 11' 10" x 7' 9" (3.61m x 2.36m) Sash glazed window to front aspect.
Wall mounted radiator. Bathroom 8' 3" x 6' 0" (2.51m x 1.83m) Enclosed panel bath. Wall mounted shower attachment. Shower glass screen. Wall mounted sink unit with drawer under. Low level WC.
Obscure sash glazed window to front aspect. Wall mounted towel rail. Part tiled walls and tiled flooring. Communal gardens Mainly laid to lawn with mature plant flower and shrub borders.
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 Flat 7 Streete Court, Victoria Drive, Bognor Regis
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