Initial price	£1,450,000
18/12/25	£1,350,000
Price Change	-6.90%

This investment property in Bognor Regis, West Sussex, offers a unique opportunity for development and growth. The current property comprises 11 one-bedroom flats, producing £122,400 per annum, and has planning permission applied for an additional three units. The freehold property sits on 0.44 acres of land and is located near the seaside resort of Bognor Regis, with excellent transport links to London, Brighton, and Chichester. The property has a period building with a two-storey extension and ground-floor addition, with some flats requiring refurbishment. The property is situated within a local conservation area, but is not listed, and offers potential for increasing the value of the lets by allocating gardens and parking. With a total floor area of 555 square meters, this property presents a solid investment opportunity for those looking to capitalize on its potential.