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Normans Drive, Bognor Regis

South East

£200,000
Listed on 10/11/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
904 sqft

Description

This detached bungalow presents a valuable opportunity for renovation and investment in an appealing residential setting. Featuring 2 to 3 bedrooms, the property occupies a generous plot, complete with sizable front and rear gardens that offer ample outdoor space. Although the bungalow requires comprehensive modernization, it serves as a blank canvas for those eager to create a personalized living environment. The layout is spacious, providing flexibility in design options, whether you choose to refurbish the existing structure or explore possibilities for extension or redevelopment (pending necessary permissions). The surrounding area enhances this property's allure. With proximity to local amenities and green spaces, you’ll have conveniences at your fingertips while enjoying a tranquil neighborhood atmosphere. This combination makes it an attractive option for investors and buyers looking to capitalize on the potential for growth in value through thoughtful renovation. Overall, this bungalow not only invites creativity but also represents a promising long-term investment opportunity in today's market.

Investment Analysis

(PO22 area)

Below Market Value

This property is priced -39.3% below area average per sq ft

-39.3%
Potential saving
This Property
£221/sq ft
Area Average
£365/sq ft
Avg Rent (weekly)
£328
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£362,658
10% above area average per sq ft
Potential ROI
+20.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Normans Drive, 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
£733
Based on a loan of £150,000 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.

Next Steps

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