Summary - 9 Neville Road PO22 8BN
4 bed 1 bath Apartment
Purpose-built 4-bed first-floor flat near beach and station — strong rental yield potential.
Share of freehold with garage and off-street parking
A large, purpose-built first-floor apartment with four double bedrooms and a garage offers clear rental and family-occupier potential in Bognor Regis. Recent external works — new roof, replacement windows and upgraded concrete guttering (Dec 2024) — provide short-term peace of mind with a 25-year guarantee on the roof. The flat is share of freehold and currently produces £1,300 pcm from the flat; with the garden/yard and garage let separately the total potential income is about £1,580 pcm.
The accommodation includes a spacious living room and a modern bathroom, but there is only one bathroom for four bedrooms and the kitchen is dated 1970s style, so some updating would increase rental value and long-term appeal. The property is average-sized overall, constructed in the late 1970s/early 1980s, with cavity walls partially insulated and gas central heating via boiler and radiators.
Location is a genuine asset: walking distance to the beach and station, local shops and good-rated primary and secondary schools nearby. Note the wider area is classified as deprived with average crime levels, which may affect tenant demand and yields. Buyers should factor in building insurance (approx. £350 each per year) and a one-off online identity-check charge of £80 payable on purchase.
This apartment suits investors seeking immediate rental income and landlords willing to carry modest renovation to maximise returns. It will also appeal to families wanting four bedrooms close to amenities, but purchasers should budget for kitchen upgrade and consider the single bathroom when planning layout changes.
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