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Grassmere Close, Felpham, Bognor Regis, West Sussex, PO22 - Image 1
Grassmere Close, Felpham, Bognor Regis, West Sussex, PO22 - Image 2
Grassmere Close, Felpham, Bognor Regis, West Sussex, PO22 - Image 3
Grassmere Close, Felpham, Bognor Regis, West Sussex, PO22 - Image 4
Grassmere Close, Felpham, Bognor Regis, West Sussex, PO22 - Image 5
Grassmere Close, Felpham, Bognor Regis, West Sussex, PO22 - Image 6
Grassmere Close, Felpham, Bognor Regis, West Sussex, PO22 - Image 7
Grassmere Close, Felpham, Bognor Regis, West Sussex, PO22 - Image 8
Grassmere Close, Felpham, Bognor Regis, West Sussex, PO22 - Image 9
Grassmere Close, Felpham, Bognor Regis, West Sussex, PO22 - Image 10
Grassmere Close, Felpham, Bognor Regis, West Sussex, PO22 - Image 11

Grassmere Close, Felpham, Bognor Regis, West Sussex, PO22

South East

£300,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1141 sqft

Description

This property welcomes you with an entrance hall leading into a spacious, dual-aspect sitting and dining area featuring a comforting fireplace. The large bay window at the front fills the room with natural light, creating an inviting space perfect for both relaxation and dining. Double doors open to a manageable rear garden that offers potential for landscaping or outdoor entertaining. The kitchen, positioned at the back, includes practical fitted units and spaces designated for appliances, plus direct access to the garden. Upstairs, there are three bedrooms: two generously sized doubles with fitted cupboards—one boasting another full-length bay window—and a smaller single bedroom also equipped with storage. The bathroom features essential amenities including a shower over bath and a separate W.C. This home includes an enclosed lawned garden enhanced by mature trees and shrubs, presenting an opportunity for further enhancement. Located in Felpham village, this property benefits from local amenities such as shops, schools, and recreational facilities like tennis courts and sports clubs. With the beach just a short walk away and good transport links to nearby towns, this property is ideally situated. Given its current condition, it presents an excellent renovation opportunity to modernize throughout and increase its value significantly within this desirable area.

Investment Analysis

(PO22 area)

Below Market Value

This property is priced -27.9% below area average per sq ft

-27.9%
Potential saving
This Property
£263/sq ft
Area Average
£365/sq ft
Avg Rent (weekly)
£328
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£457,735
10% above area average per sq ft
Potential ROI
+36.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (PO22)

Area prices are rising by +2.6% over the last 12 months
3 year growth: -2.2%
5 year growth: 15.0%
Investment Disclaimer: Analysis based on PO22 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

Grassmere Close, Felpham, Bognor Regis, West Sussex, PO22
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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
£1,099
Based on a loan of £225,000 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