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The Esplanade, Bognor Regis, West Sussex

South East

£150,000
Listed on 27/03/2026

Property Details

Bedrooms
2
Type
Apartment
Area
874 sqft

Description

This vacant two-bedroom apartment, perched on the seafront, spans approximately 900 sq. ft (83 sq. m) and offers a private balcony with attractive views. While the property is presented in good order, there remains ample opportunity for enhancement to maximize its rental potential or personal comfort. Its desirable location near Bognor Regis station ensures convenient travel links to Chichester, Portsmouth, and London Victoria, complemented by a vibrant local scene featuring cafés and shops as well as Hotham Park nearby. The ongoing regeneration in the area suggests potential for value appreciation, making this apartment a compelling prospect for investors or individuals seeking a coastal retreat with room for improvement.

Investment Analysis

(PO21 area)

Below Market Value

This property is priced -48.9% below area average per sq ft

-48.9%
Potential saving
This Property
£172/sq ft
Area Average
£336/sq ft
Avg Rent (weekly)
£253
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£322,934
10% above area average per sq ft
Potential ROI
+79.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (PO21)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -2.0%
5 year growth: +7.2%
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, West Sussex
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£541
Based on a loan of £112,500 over 30 years at 4.06% 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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