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William Street, Bognor Regis, West Sussex, PO21 - Image 1
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William Street, Bognor Regis, West Sussex, PO21 - Image 3
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William Street, Bognor Regis, West Sussex, PO21 - Image 5
William Street, Bognor Regis, West Sussex, PO21 - Image 6
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William Street, Bognor Regis, West Sussex, PO21 - Image 8
William Street, Bognor Regis, West Sussex, PO21 - Image 9

William Street, Bognor Regis, West Sussex, PO21

South East

£200,000
Listed on 05/05/2026

Property Details

Bedrooms
N/A
Type
Office
Area
1087 sqft

Description

This detached two-storey building features standard brick construction and is currently operating as a community venue run by a local church. With its rendered façade and tile-hung pitched roof, the property showcases some charming architectural details, including decorative brickwork around the windows and entrance. The ground floor offers a spacious meeting area complemented by an adjoining kitchen and two W/C facilities, presenting opportunities for conversion into various communal or commercial uses. The first floor continues with an additional versatile space that includes an office, enhanced by vaulted ceilings, exposed timber beams, and skylights that infuse the area with natural light. The exterior is equipped with UPVC double-glazed windows for improved energy efficiency, alongside a convenient double door entry from the street. Located in a primarily residential neighbourhood surrounded by terraced and semi-detached homes, this building enjoys easy access to on-street parking. Given its current layout and condition, there is substantial potential for renovation to enhance functionality and aesthetic appeal, making it an attractive investment prospect for those looking to repurpose or modernize community-oriented spaces.

Investment Analysis

(PO21 area)

Below Market Value

This property is priced -45.1% below area average per sq ft

-45.1%
Potential saving
This Property
£184/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£400,560
10% above area average per sq ft
Potential ROI
+43.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PO21)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -3.8%
5 year growth: +3.1%
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

William Street, Bognor Regis, West Sussex, PO21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£714
Based on a loan of £150,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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