1-bedroom house · PO21 1AH
Listing removedListed 580 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor retirement apartment conveniently located, affording easy access to shopping within Bognor Regis Town Centre, promenade and beach front.
Occupancy of this property is for people of 67 years and over and is being offered for sale with no forward chain, with the development having the benefit of an on-site manager, together with a resident's lounge and guest bedroom for visitors.
' property description Front door to communal entrance hall Security entry phone, lift service and stairs to first floor and personal door to flat.
Entrance hall Airing cupboard with hot water cylinder, useful storage cupboard, emergency alarm cord.
Living room 16' 10" (5.13m) x 10' 4" (3.15m): Wooden fire surround with marble panel and hearth, slim-line night storage heater, two wall light points.
Opening to kitchen Comprising inset stainless steel sink unit, work surfaces with drawer and cupboards under, eye level wall cupboards, integrated four burner electric hob, split-level electric oven with storage cupboard above and below, recess suitable for fridge/freezer.
Bedroom 14' 9" (4.5m) x 8' 11" (2.73m): Recessed wardrobe cupboard, slim-line night heater, emergency alarm cord.
Bathroom Panel bath with tiled surround, pedestal wash basin, WC, further ceramic tiling to walls, fitted wall mirror, light/shaver point, extractor fan, electric towel radiator, emergency alarm cord.
On-site amenities Amenities on-site include resident's lounge, together with laundry and guest bedroom accommodation.
Service charge We are informed that the current service charge is approximately £280 per month. Ground rent We are informed that the current ground rent is £175 per annum.
Lease There is the balance of a 125 year lease dated from October 1989, with approximately 89 years remaining.
Agents note The Energy Performance Certificate has been prepared by Ian Cleveland of Gilbert & Cleveland the vendors selling agent.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 24 Sovereign Court, Campbell Road, Bognor Regis
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