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Albert Road, Bognor Regis

Bognor Regis
For sale by auction

Guide price

£400,000
LOT SOLD

About this property

Property Summary

FOR SALE BY AUCTION ON 26th November 2025

Corner residential Investment property with parcel of land included suitable for development potential subject to all of the necessary consents.

Auction Guide £400,000/£450,000

Outstanding investment and development opportunity comprising of 5 self contained flats at a total passing rent of £43,800 together with a large and significant parcel of land to the rear of the property with road frontage and access suitable for redevelopment subject to the usual required consents that is currently used for multiple car parking. In addition, there is a parking space at the front of the property also included.

WE BELIEVE THE PROPERTY TO BE SIGINFICANTLY UNDER LET.

Flat 1
2 Bedrooms
Let on an AST at £900 pcm/£10.800 per annum

Flat 2
Studio Flat
Let on an AST at £750 pcm/£9,000 per annum

Flat 3
1 Bedroom
Let on an AST at £750 pcm/£9,000 per annum

Flat 4
2 Bedrooms
Let on an AST at £600 pcm/£7,200

Flat 5
1 Bedroom
Private Street Entrance
Garden
Let on an AST at £650 pcm/£7,800 per annum

We are of the opinion that some of the flats are underlet.

Total passing rent with scope to increase significantly is £43,800 at a yield of almost 11%

Property Features

Property Features

  • For Sale By Auction on 26th November 2025
  • Corner Freehold Residential Investment as 5 Self Contained Flats and Development Land SPP
  • All Let on ASTS Producing £43,800 Per Annum
  • High Yielding at almost 11 Percent
  • Large and Significant Parcel of Land Included with Development Potential SPP
  • Outstanding Investment Opportunity
  • Highly Popular Location Adjacent to Bognor Regis Town Centre
  • SIGNIFICANT Rental Increase Potential
  • Parking Space
Register to bid

Auction date and time

24th June 2026

Auction location

The Hove Club
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

Let's Talk

Lot and auction information, viewings and advice

Simon Caplin, Head of Auctions

Simon Caplin

Tel:
01273 762039

Email:
simonc@psandb.co.uk

Lucy

Lucy Rowland

Tel:
01273 762039

Email:
lucyr@psandb.co.uk

Important notice – Pre-registration approaval to bid, guide prices, reserves, additional charges and other matters

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Guide Prices

  1. A guide price (to include a range of prices), is not an indication of the anticipated eventual selling price or a valuation; it is an indication of the minimum price ( “the Reserve” ) at which (or range of prices within which) the seller might be prepared to sell. The eventual sale price can and frequently does, exceed the guide price.
  2. Where a range is given, the Reserve will sit within that range and will not exceed the top end of the range. Where a single figure Guide Price is given, the Reserve will be within 10%, upwards or downwards, of that figure.
  3. The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website and you should check the website regularly for updates and on the day of the auction.
  4. All guide prices are quoted “subject to contract”.
  5. Please note the guide price for the Lot does not include:
    – any Buyers’ Fee charged by the auctioneers;
    – VAT on the sale price;
    – SOLT or any other Government taxes;
    – additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers.
  6. If a guide price is listed as “TBA”, it means no guide price has been set at present. Please do not call our office about this – the guide price, or range of prices, will be published online immediately it becomes available and you should check the auction website regularly for updates and on the day of the auction.

Reserve Prices
The reserve price is the minimum price at which the Lot can be sold.

For more information see Important Notes for Bidders

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