1-bedroom flat · PO21 1TU
To rentReduced £45 (−4.5%) on 8 OctListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GROUND FLOOR APARTMENT situated just a couple of hundred yards from the BEACH with VIEWS OVER THE GREEN and a PRIVATE COURTYARD GARDEN.
This ground floor apartment is located within a conservation area in Bognor Regis. It has lots of character and has been upgraded tastefully.
The property has a small communal hallway leading to the apartment. The sitting room has a bay window and an attractive outlook to the front.
The double bedroom has double doors leading to the private courtyard at the rear. The modern bathroom suite includes a shower over the bath.
The apartment has been redecorated in a neutral style and new carpets are also being fitted. The property is available to let unfurnished, potentially long term.
The kitchen has a range of base and eye level units and an integrated hob and oven. It is compact, but well fitted and presented.
The Steyne has pleasant public gardens which run in the the centre and is about 200 yards from Bognor Regis seafront.
The town centre and mainline train station can be found under half a mile away and has ample shops, cafe's and restaurants.
The Cathedral City of Chichester is under 6 miles North of Bognor Regis and also has a large city centre.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 The Steyne Bognor Regis
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