2-bedroom flat · PO21 2QZ
For saleReduced £10k (−3.8%) on 10 SepListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This exclusive development of just 6 apartments was converted and extended in 2013. This apartment has a communal entrance with stairs to the second floor and private front door.
The hallway leads to the contemporary open plan living accommodation with space for a sitting area, dining area and well equipped fitted kitchen with integral appliances.
There are patio doors opening onto a south facing balcony which can be accessed from both the sitting room and principal bedroom.
The family bathroom has a modern white suite with panel bath and shower over. There are two generous double bedrooms, one with an en-suite shower room.
Outside, there is allocated parking plus a bin and bike store and visitor parking. Tenure: We understand there is 125 year lease from 24th June 2013.
Maintenance Charge: We understand the maintenance charge is approximately £1,890 p.a.
EPC Rating: C Location The Pearl is a development of just six apartments situated in a popular area in Aldwick within a very short walk to the beautiful Marine Park Gardens and Aldwick beach with traditional beach huts and promenade.
There is a range of restaurants, public houses, cafes and local shopping also within walking distance.
The seaside town of Bognor Regis is approximately two miles to the east with precinct shopping facilities, mainline railway station with services to London Victoria and the South Coast.
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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 Flat 6, The Pearl, Bognor Regis
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