Pavilion Bungalow, Hook Lane, Bognor Regis, West Sussex, PO22 8AT

This freehold detached bungalow, featuring three bedrooms, presents a notable investment opportunity with potential for renovation and development. Currently tenanted under an Assured Shorthold Tenancy Agreement, it generates a monthly rental income of £1,650. The property is in good condition overall but could benefit from some upgrades to maximise its value and appeal. The layout includes an entrance hall, living room, kitchen, two double bedrooms, one single bedroom, and a bathroom. Planning permission has been granted for the addition of another floor, allowing for further expansion and increasing the investment potential significantly. Externally, you’ll find a spacious rear garden and off-road parking at the front. This area offers additional opportunities for landscaping or other enhancements. Given its location and existing features, this property is ripe for those looking to invest in both immediate rental income with longer-term redevelopment prospects. This is an exciting chance for landlords or developers to acquire a versatile asset with promising upside potential.