5 bedroom semi-detached house for sale

>

5 bedroom semi-detached house for sale

Bognor Regis, PO21
£525,000

Price History

Initial price £587,500
18/11/24 £525,000
Price Change -10.64%

Description

The property, currently a C1 Guest House, has the potential to be converted to a C3 residential use (subject to planning permission). The building is fully occupied by 10 self-contained units, each with its own kitchen and bathroom, ranging from studios to 2-bedroom apartments. The units are let on weekly agreements, with current rents ranging from £520 to £867 per calendar month. The property has potential for reconfiguration and extension into the rear garden, which offers access from William Street. With an EPC rating of E, this property presents a unique opportunity for investors or developers looking to capitalize on its potential.