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The Esplanade, Bognor Regis

South East

£230,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Flat
Area
832 sqft

Description

This two-bedroom apartment occupies the third floor of a purpose-built structure and is ideally located close to local amenities and the beach. Situated at the corner of Clarence Road within Berkley Court, the property boasts a desirable west-facing aspect that provides captivating sea views from multiple rooms. The sitting room offers direct access to a balcony where you can enjoy southward vistas stretching toward Selsey Bill on clear days. The internal layout comprises a spacious sitting room measuring 21'9" x 11'9", complemented by an adjacent fitted kitchen that includes integrated appliances such as a Zanussi oven, hob, fridge, and freezer, along with space for laundry facilities. Both bedrooms are equipped with fitted wardrobes; the master suite features an en-suite shower room, while the second bedroom is conveniently served by a separate family bathroom. The entrance hall is designed for practicality with ample storage options, and additional comforts include gas-fired central heating and UPVC double glazing. Residents benefit from a lift and a video entry system for added security. Outside, Berkley Court offers communal grounds and dedicated parking areas, including an attached private garage. While this apartment presents itself as a blank canvas in need of modernization and redecoration, it holds significant renovation potential for those looking to enhance its appeal. This opportunity is further underscored by its chain-free status, allowing for quick possession upon purchase. With careful updates, this property could not only serve as a comfortable home but also represents an attractive investment opportunity in this sought-after coastal location. Lease details are currently being compiled; prospective buyers are encouraged to confirm specifics directly with the office.

Investment Analysis

(PO21 area)

Below Market Value

This property is priced -17.0% below area average per sq ft

-17.0%
Potential saving
This Property
£276/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£239
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Target Value
£304,670
10% above area average per sq ft
Potential ROI
+21.9%
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

The Esplanade, Bognor Regis
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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
£843
Based on a loan of £172,500 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