3-bedroom bungalow · PO22 8EN
Sold STCListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the desirable residential area of Felpham, just a short distance north of the village centre, this extended three bedroom detached bungalow is well-maintained throughout with 1,291 sqft of living space.
Upon arrival, you are welcomed into the entrance hall, and from here, an expansive sitting room with fireplace will be found to the right, while directly ahead lies the kitchen equipped with a range of contemporary units and room for various white goods.
A generously-sized conservatory at the rear provides an additional space for relaxation or dining and looks out over the pretty garden.
Accessed from the sitting room, an inner hall connects to each of the three double bedrooms.
Bedrooms one and two include fitted wardrobes, with the first bedroom also offering access to the rear garden. The spacious bathroom accommodates both a bathtub and a shower cubicle.
A WC off the entrance hall completes the accommodation. Externally, the property benefits from a driveway providing ample parking and leading to the garage.
Enclosed front-to-back access alongside the property, extends through the conservatory. The generous rear garden features well-tended borders of plants and shrubs, ensuring a high level of privacy.
Please note, the property benefits from approved planning permission (ref: Fp/55/26/pl) for demolition of the garage and conservatory, extension and alteration of existing bungalow to create two separate dwellings.
EPC Rating: D Location The property is located just a short distance to the north of the pretty village of Felpham which offers a wide range of local facilities including schools, a doctors surgery, pharmacy, sports centre with swimming pool, golf club and a range of other useful shops.
The town centre of Bognor Regis offers a full range facilities whilst the historic Arundel, the Cathedral City of Chichester and the famous Goodwood motor circuit and racecourse can all be found within approximately an eleven mile radius.
What3Words ///deeper.secure.wage
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.
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FAQ
About 6 Ormesby Crescent, Bognor Regis
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