Nyewood Lane, Bognor Regis, West Sussex PO21
South East
£75,000
Listed on 02/09/2026
Listed on 02/09/2026
The listing
Property details
Bedrooms
StudioType
StudioArea
258 sqftDescription
This studio apartment is positioned close to the seafront, promenade and local amenities, with sea views described in the listing. Its open-plan room combines living, sleeping and dining areas with a fitted kitchen, alongside a separate shower room. The compact layout is presented as practical for low-maintenance use, and the apartment would benefit from cosmetic updating, offering scope for a purchaser to refresh it to their requirements.
The property is stated to have a lease of more than 900 years and a share of freehold. Ground rent is listed as £0 per annum, while the service charge is to be confirmed. There is no allocated parking, although on-street parking may be available subject to local restrictions.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
53out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £75,000, this studio is priced below the local average on a square-foot basis, giving buyers a comparatively low-cost way to acquire a coastal property close to the beach. The open-plan space and shower room look usable, with natural light and dated finishes that offer scope for a straightforward cosmetic refresh rather than a major overhaul.
The sea views, share of freehold and lease exceeding 900 years add to the appeal. The overall score is held back by weak fundamentals and limited headroom in the modelled economics, so the value is clearest for someone who wants a compact coastal home and can keep the updating budget controlled.
Key opportunities
- Acquire below the local average £/sq ft, with the beach and promenade close by.
- Refresh the dated open-plan finishes and compact fitted kitchen to create a more contemporary coastal space.
- Benefit from the share of freehold and lease exceeding 900 years.
Key risks
- The 258 sq ft floor area makes this a particularly compact home, which may limit flexibility and appeal.
- Service charge is unconfirmed; clarify the ongoing cost before proceeding.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£283
Based on a loan of £56,250 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.
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