Sold STC Flat

FLAT 16

SUMMERLEY POINT, SUMMERLEY LANE, BOGNOR REGIS, FELPHAM, WEST SUSSEX PO22 7BG

2 beds 2 baths 1,033 sq ft Listed 17 Apr 2024 (-792d)

£265,000

Guide Price

Reduced on 21 Jun 2024

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Photo 1 Sitting Room Kitchen Outside of building Sitting Room Kitchen Sitting Room Sitting Room Bedrooms En-suite and Bathroom Bedrooms Bedrooms Bedrooms En-suite and Bathroom Outside of building Outside of building

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Property details

Tenure

LEASEHOLD

Floor area

96 m²

Council tax band

D

EPC rating

B

Last sold

£262,000 Dec 2024

Price per m²

£2,760/m²

Local average

£193,818 (+36.7%)

Deprivation

Decile 9 (27,761 of 33,755)

Street crime

50 incidents within 1 mile (Apr 2026)

Key features

  • A Superior 2nd Floor Apartment
  • 991 Sqft of Accommodation
  • Generous Kitchen/Dining Room
  • Principal Bedroom with En-Suite
  • Second Double Bedroom
  • Underfloor Heating
  • Secure Gated Parking
  • Close to Shop and Beach
  • No Forward Chain

Additional details

Parking
Yes
Listed property
No
Restrictions
No
Required access
No
Rights of way
No
Flooded in last 5 years
No
Flood defences
No

Description

Summerley Point is an imposing gated development of luxury apartments set near the entrance of the sought-after Summerley Private Estate, right in the heart of Felpham village and a short walk from the Felpham beach, promenade and Felpham Sailing Club.
The well presented communal entrance hall serves just two of the apartments in this development. Stairs rise to the 2nd floor with its impressive landing area which services only this apartment.
The apartment itself measures 991 sqft and briefly comprises: entrance hall with store cupboard. To the front of the building is the very generous, dual aspect sitting room with its Juliet Balcony and rooftop views. The surprisingly spacious kitchen/dining room is fitted with a range of stylish and modern units with integral appliances, and again, far reaching views including glimpses of the South Downs. There is plenty of space in the kitchen for a dining table as well as sofas creating an ideal area for entertaining guests. The principal bedroom has double fitted wardrobes and en-suite shower room, the second double bedroom also has fitted wardrobes and there is a modern family bathroom.
Outside there is remote controlled electric gates to the residents allocated parking.
Tenure: We understand there is 125 year lease from 2016.
Maintenance Charge: We understand the maintenance charge is currently £2,026 p.a.
Ground Rent: We understand the ground rent is currently £250 p.a.
EPC Rating: B

Listed by

Middleton-On-Sea

Henry Adams

Reference: 146908085

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 10/12/2015

Expiry date: 09/12/2025 (expired)

Current heating cost: £290/year

Potential heating cost: £290/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Sold 12/12/2024 (1 year ago) £262,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street SUMMERLEY POINT FLAT 10 SUMMERLEY LANE, FELPHAM, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 7BG £315,000 21/09/2022 Flat
Same street SUMMERLEY POINT FLAT 4 SUMMERLEY LANE, FELPHAM, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 7BG £340,000 15/07/2022 Flat
SUMMERLEY GATE APARTMENT 4 SOUTHVIEW ROAD, FELPHAM, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 7BF £337,500 01/07/2022 Flat
Same street SUMMERLEY POINT FLAT 11 SUMMERLEY LANE, FELPHAM, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 7BG £350,000 01/06/2022 Flat
SUMMERLEY GATE APARTMENT 8 SOUTHVIEW ROAD, FELPHAM, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 7BF £350,000 31/05/2022 Flat
SUMMERLEY GATE APARTMENT 7 SOUTHVIEW ROAD, FELPHAM, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 7BF £435,000 23/03/2022 Flat
SUMMERLEY GATE APARTMENT 10 SOUTHVIEW ROAD, FELPHAM, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 7BF £310,000 12/11/2021 Flat
Same street SUMMERLEY POINT FLAT 14 SUMMERLEY LANE, FELPHAM, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 7BG £325,000 28/06/2021 Flat

Street average: £332,500 (4 sales)

Area average: £358,125 (4 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -2.6%
10y growth 30.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Arun. Series: Flats and maisonettes. As of March 2026.

1y (index) -6.5%
5y (index) -2.4%
10y (index) 12.9%

Rental Range

Estimated market rent for Arun. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,099/mo
Realistic £1,221/mo
Optimistic £1,343/mo

Based on Local Authority from postcode lookup → Arun.

LHA (30th percentile) floor for Worthing: £947/mo (Apr 2025 – Mar 2026)

Location

Address

44 Summerley Lane

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Firs Ave 0.2 miles
Shop Londis 0.2 miles
Shop The co-coperative funeralcare Felpham 0.2 miles
Train station Bognor Regis 1.5 miles
Train station Barnham 2.8 miles
Hospital Zachary Merton Hospital 6.3 miles

Street-level crime

Category Count
Violence and sexual offences 20
Anti-social behaviour 16
Criminal damage and arson 7
Drugs 3
Other theft 2
Vehicle crime 2
Total incidents 50

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Bishop Tufnell CofE Primary School, Felpham Primary 0.5 miles Good — 22 Sep 2022
Felpham Community College Secondary 0.6 miles Good — 8 Feb 2016
Downview Primary School Primary 0.7 miles Good — 4 Mar 2019
Edward Bryant School Primary 1.3 miles Good — 7 Feb 2023
St Mary's Catholic Primary School Primary 1.3 miles Good — 14 Nov 2022

Rental Comparables

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Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.46%
Max investor price (0.8%) £152,625
Target investor price (1%) £122,100
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).