3-bedroom bungalow · PO22 6AY
Sold STCListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This delightful semi-detached bungalow is situated in a sought after private estate setting and boasts highly versatile accommodation comprising: L- shaped hallway, front aspect living room, kitchen, dining room/bedroom 3, two further double bedrooms, a pitched roof conservatory and bathroom.
The property offers enormous scope and potential to improve if desired and boasts character features including decorative exposed beams to the majority of ceilings and plate racks providing a cottagey feel, along with modern comforts such as double glazing and a gas heating system via radiators.
Externally there is a driveway providing on-site parking and a larger than average enclosed rear garden.
The double glazed front door positioned at the side of the property opens into an 'L' shaped hallway with plate rack surround and decorative exposed beams, along with an access hatch to the loft space.
Doors lead from the hallway to the living room, kitchen, two bedrooms and bathroom.
The living room has a square bay window to the front, feature Adams style fireplace, along with plate rack surround and decorative exposed beams.
The generous kitchen has a range of matching units, fitted work surfaces, inset ceramic 1 1/2 bowl single drainer sink unit, 5 burner gas hob with hood over and oven under, dishwasher and microwave, an under-counter fridge and freezer, space for a table and chairs, plate rack surround, decorative exposed beams, wall mounted Worcester gas boiler, window and door to the side, sliding patio doors to the rear into the conservatory and a brick archway to the side, which leads into the adjoining dining room/bedroom 3, which has a window to the rear, dado-rail surround and sliding patio doors to the side into the conservatory.
The pitched roof double glazed conservatory has tiled flooring, fitted blinds skylight and provides access into the rear garden via double glazed French doors Bedroom 1 has a window to the front and fitted bedroom furniture.
Bedroom 2 has a skylight window to the rear and fitted cupboard housing the lagged hot water cylinder.
The bathroom has a white suite of bath with Antique style mixer tap/shower attachment, wall mounted electric shower, fitted glazed shower screen, low level wc, pedestal wash basin, tiled walls and flooring and window to the side.
Externally, the front garden has a low brick wall to the front boundary, a driveway providing on-site parking, external courtesy lighting and gate to the side where there is an external water tap and two storage sheds.
The delightful L - shaped rear garden has lawn with established shrub border and feature sunken pond, steps down to an entertaining terrace with further lawn, greenhouse, additional storage shed, pergola and lamp post.
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 Gorse Avenue, Felpham, Bognor Regis, West Sussex, PO22
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