3-bedroom detached house · PO22 8BT
Sold STCListed 128 daysAuction 5 Jun · ended
Opportunity summary
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About
FOR SALE BY AUCTION: To be sold by public auction on the instructions of the executors.
A detached, freehold, extended three-bedroom house with three receptions and an approximate internal extent of 1,356 SQFT.
Front and rear gardens with parking on the drive, located in Bognor Regis, West Sussex.
The accommodation comprises, on the ground floor, an open-plan living and dining area, an open-plan kitchen and breakfast room, a reception room, WC, and shower, and on the first floor, three bedrooms and a bathroom.
The property is in need of modernisation and is ideal for investors and developers. To be sold via online bidding on Friday, 5 June 2026.
Auctioneers comments: 'A truly ideal property and auction Lot for investors and developers in a very popular residential area.' Auction date The property is to be sold by public auction on Friday, 5 June 2026, via a 2-hour online bidding window.
Description Detached, freehold, 1356 SQFT, extended, three receptions, in need of modernisation, EPC E, front and rear gardens, parking on drive.
Location Bognor Regis, West Sussex, 0.6 miles to Bognor Regis railway station Accommodation Ground floor: living area, dining area, kitchen, breakfast area, reception First floor: three bedrooms, bathroom Outside Front garden, rear garden, parking on drive, sun room EPC rating E Tenure Freehold with vacant possession Local authority and council tax band West Sussex County Council Arun District Council Council tax band: E Pre-auction bids To make a pre-auction bid, you must be an approved bidder.
Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid.
The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable.
Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.
Auction fees In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 2.5% plus VAT (min.
fee of £2,100.00 plus VAT) of the purchase price and auction buying fee of £1,900.00 plus VAT.
Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 12 Glenwood Avenue, Bognor Regis, West Sussex, PO22 8BT
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