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Queensmead, Pagham, Bognor Regis PO21

South East

£425,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1340 sqft

Description

This detached bungalow presents a unique opportunity for renovation and investment in the charming Pagham Village. Nestled within a short distance to essential amenities such as convenience stores, a post office, and renowned local pubs and eateries dating back to the 16th and 18th centuries, this property is also just moments from the scenic Pagham Beach. While the bungalow currently requires modernization throughout, it offers substantial potential for buyers with vision. The property is available with no onward chain, making it an attractive option for those looking to create their ideal living space or capitalize on rental opportunities. Upon entry, you are greeted by a spacious hallway that leads into a sizable kitchen/dining room, which includes an adjacent utility area for added functionality. The large lounge is filled with natural light and provides direct access to the rear garden—an ideal setting for both relaxation and social gatherings. The layout features three generously-sized bedrooms, two of which come equipped with built-in wardrobes. A fitted shower room serves these accommodations efficiently. Noteworthy attributes include UPVC double glazing and gas central heating throughout the home. The exterior boasts a generous south-facing rear garden that is completely private, featuring a large patio area alongside mature shrubbery and a pond, offering an inviting outdoor retreat. A well-maintained front lawn adds curb appeal while a driveway ensures ample off-road parking leading up to the garage. Pagham's location enhances its appeal; removed from the busy resort town while still providing easy access to coastal walks and wildlife experiences at nearby beaches, harbors, and nature reserves. Local amenities include medical facilities, public transport links to Bognor Regis and Chichester Town Centre, as well as delightful dining options in Nyetimber Village just half a mile away. This property not only offers a comfortable residence but also presents significant investment potential in a desirable seaside village setting.

Investment Analysis

(PO21 area)

Below Market Value

This property is priced -4.7% below area average per sq ft

-4.7%
Potential saving
This Property
£317/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£239
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£490,695
10% above area average per sq ft
Potential ROI
+5.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PO21)

Area prices are rising by +3.9% over the last 12 months
3 year growth: 2.2%
5 year growth: 15.4%
Investment Disclaimer: Analysis based on PO21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Queensmead, Pagham, Bognor Regis PO21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,557
Based on a loan of £318,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE