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Lionel Avenue, Bognor Regis

South East

£500,000
Listed on 04/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1461 sqft

Description

This four-bedroom detached home is situated within the sought-after Roundle Private Estate, presenting a unique opportunity for buyers interested in a property with significant renovation and investment potential. Set on a generous plot of just under a quarter of an acre, the outdoor space is particularly noteworthy. The expansive 140ft rear garden features a blend of mature landscaping and practical areas, including vegetable plots, a pond, and several outbuildings that can serve varied purposes, from gardening to additional storage or hobby space. Inside, the property offers flexible living arrangements across three spacious reception rooms. The main sitting area features a log burner, providing both comfort and character to the living space. Adjacent to this is a second sitting room along with a separate dining room, allowing for various uses such as entertaining guests or creating designated work-from-home areas. The ground floor also includes a cloakroom and utility lobby that enhance functionality for everyday family life. Upstairs, you will find four well-sized bedrooms that ensure ample accommodation without compromising on space. These bedrooms are serviced by both a shower room and a family bathroom, complemented by three toilets overall—ideal for larger households. While the home currently requires updating and modernisation, it offers tremendous scope for buyers to reimagine the interior according to their personal tastes and needs. This property not only stands as a comfortable family residence but also represents an attractive investment opportunity in an established neighborhood, where thoughtful renovations could significantly enhance its value over time.

Investment Analysis

(PO22 area)

Below Market Value

This property is priced -6.2% below area average per sq ft

-6.2%
Potential saving
This Property
£342/sq ft
Area Average
£365/sq ft
Avg Rent (weekly)
£328
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£586,109
10% above area average per sq ft
Potential ROI
+4.7%
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

Lionel Avenue, 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
£1,832
Based on a loan of £375,000 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