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See how verdicts work2-bedroom bungalow · PO21 4TJ
Listing removedListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This detached single storey residence is offered for sale with no onward chain.
The accommodation in brief comprises entrance hall, kitchen, side porch, living/dining room, generous rear conservatory/sun room, two double bedrooms and a modern bathroom.
The property itself could benefit from some cosmetic updating to the decor etc and also offers double glazing, a gas heating system via radiators, driveway, garage, southerly rear garden and generous side garden.
A storm porch with courtesy light protects the recessed double glazed front door which opens into the welcoming entrance hall with built-in double airing cupboard housing the lagged hot water cylinder and an access hatch to the part boarded loft space with fitted ladder and light.
Doors from the hallway lead to the kitchen, living room, two bedrooms and modern bathroom.
The kitchen has a window to the side, a range of fitted units and work surfaces with an inset 1 1/2 bowl single drainer sink unit, space and plumbing for a slimline dishwasher and washing machine, space for a cooker and free standing fridge/freezer, along with a wall mounted modern gas boiler.
A door leads from the kitchen to the rear into the adjoining dining area, while a further part glazed door leads to the side into a double glazed side porch, which has a double glazed door to the front, quarry tiled flooring and courtesy light.
The living/dining room is a full width room positioned at the rear of the property with window to the rear and sliding patio doors to the rear providing access into a large conservatory/sun room, which provides access into the garden via a double glazed door to the side and large double glazed sliding door to the rear.
Both double bedrooms are positioned at the front of the property, both with windows to the front, with bedroom 1 benefiting from fitted wardrobes.
The bathroom has been re-fitted with a white suite of panel bath with mixer tap/shower attachment, close coupled wc, shaped wash basin with storage under and medicine cabinet over, chrome heated towel rail, two windows to the side and two high level natural light panels to the hallway.
Externally, there is an open plan shingle frontage creating a parking space, with the driveway running along the side of the property to the garage, which has an up and over door to the front and window and door to the side.
The southerly rear garden has a paved terrace, shingle bed, summer house, established plants and shrubs, along with a generous side area with a gate to the front.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Nor-ris, Lagoon Road, Pagham, Bognor Regis, West Sussex
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