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Lagoon Road, Pagham, Bognor Regis, West Sussex, PO21 - Image 1
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Lagoon Road, Pagham, Bognor Regis, West Sussex, PO21 - Image 3
Lagoon Road, Pagham, Bognor Regis, West Sussex, PO21 - Image 4
Lagoon Road, Pagham, Bognor Regis, West Sussex, PO21 - Image 5
Lagoon Road, Pagham, Bognor Regis, West Sussex, PO21 - Image 6
Lagoon Road, Pagham, Bognor Regis, West Sussex, PO21 - Image 7
Lagoon Road, Pagham, Bognor Regis, West Sussex, PO21 - Image 8
Lagoon Road, Pagham, Bognor Regis, West Sussex, PO21 - Image 9

Lagoon Road, Pagham, Bognor Regis, West Sussex, PO21

South East

£300,000

Listed on 26/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1020 sqft

Description

This property, originally built in the 1990s with a unique design, represents an excellent opportunity for those looking to invest in a complete renovation. Having been in the same family since its inception, it now requires extensive refurbishment throughout. The layout includes an inviting porch leading into a spacious open-plan living and dining area, enhanced by two bow windows and sliding patio doors that provide access to the side garden. The accommodation features an inner hall that connects to a stripped-back kitchen, two generously sized double bedrooms with built-in wardrobes, and a bathroom that is ready for full replacement. Externally, the property offers on-site parking, a detached double garage, and a paved south-facing rear garden ideal for landscaping or outdoor entertaining. Due to its condition, this property is suitable solely for cash purchasers as mortgage options are unlikely.

Investment Analysis

(PO21 area)

Below Market Value

This property is priced -12.2% below area average per sq ft

-12.2%
Potential saving
This Property
£294/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£375,870
10% above area average per sq ft
Potential ROI
-3.6%
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

Lagoon Road, Pagham, 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
£1,070
Based on a loan of £225,000 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

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