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Spencer Street, Bognor Regis, PO21 1AN

South East

£250,000

Listed on 09/10/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
1345 sqft

Description

This charming three-bedroom semi-detached house is situated in the heart of Bognor Regis, presenting an excellent opportunity for investors or buyers looking to tailor a home to their personal style. The property is conveniently located near the mainline railway station and the town centre, offering easy access to a variety of shops, bars, cafés, and restaurants. The ground floor features two spacious reception rooms, a kitchen, an entrance hallway, a storage/boiler room, and a rear porch that leads to a courtyard-style garden. Upstairs, the accommodation is arranged over a split level and includes three generously sized double bedrooms, a family bathroom, and a separate WC. While the property requires some updating, this aspect enhances its appeal, providing a canvas for potential buyers to add value. With its prime location and spacious layout, this home represents a fantastic investment opportunity or a chance to create a superb family residence.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

77out of 100
Grade BGood opportunity

Confidence: MEDIUM

This three-bedroom semi-detached house in Bognor Regis offers a fantastic opportunity to acquire a property at a notably cheap asking price of £250,000, which is 44.4% below the local average of £334/sqf. With a renovation range of £40,000 to £80,000, the potential to add significant value is clear. The property boasts generous proportions and a central location, making it ideal for creating a family home or investment property.

While the interiors show signs of wear and are dated, this offers a blank canvas for buyers looking to modernise and personalise their living space. The living room, bedrooms, kitchen, and bathroom all require updating, presenting ample scope for enhancement. The exterior and roof are in good condition, and the courtyard garden, although needing some work, has potential for improvement. This property is a solid investment for those willing to undertake a medium-scale renovation project.

Key opportunities

  • Significantly below local market average price, allowing for potential equity growth.
  • Generous living space with two reception rooms and three good-sized bedrooms.
  • Central location near amenities, ideal for creating a desirable family home or rental investment.

Key risks

  • General wear and tear observed throughout the property.
  • Potential damp issues noted in places, necessitating careful inspection during renovation.

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Map

Location

Spencer Street, Bognor Regis, PO21 1AN
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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