Sold STC Flat

FLAT A

40 GORDON AVENUE, BOGNOR REGIS, WEST SUSSEX PO22 9LS

1 beds 1 baths 495 sq ft Listed 22 Jul 2021 (-1799d)

£120,000

Reduced on 22 Jul 2021

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# 1 bedroom apartment for sale (PO22 9LS)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT A, 40 GORDON AVENUE, BOGNOR REGIS, WEST SUSSEX PO22 9LS |
| Price | £120,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 46 m² |
| Last sold | £149,950 Sep 2022 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** D
- **Expiry date:** 22/04/2031
- **Est. upgrade cost to C:** £11,525

### Recommendations
- B (£500 - £1,500)
- W2 (£4,000 - £6,000)
- D (£80 - £120)
- E (£25)
- O (£3,300 - £6,500)
- X (£500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0120-2447-0040-2229-4655)

## Description

OPEN TO INVESTMENT PURCHASERS, TENANT IN SITU, ACHIEVING A RENTAL YIELD IN THE REGION OF 6.8%

A One bedroom ground floor flat with its own private garden is now available through Leaders in Bognor Regis.

The accommodation consists of Living room, Kitchen, double bedroom and shower room. The property also benefits from its own front door and Garden. The property which is located on the outskirts of the town is within close driving distance of the industrial park, Tesco's and Sainsbury's.

This property is being sold with a tenant in situ paying £8,160 per annum, achieving a Gross yield of 6.8%. The lease is currently in the process of being extended to 165 years.

## Property Photos

- ![P1110338.JPG](/listings/photos/110767043/732991) - P1110338.JPG
- ![P1110343.JPG](/listings/photos/110767043/732995) - P1110343.JPG
- ![P1110344.JPG](/listings/photos/110767043/732998) - P1110344.JPG
- ![P1110339.JPG](/listings/photos/110767043/733001) - P1110339.JPG
- ![P1110340.JPG](/listings/photos/110767043/733004) - P1110340.JPG
- ![P1110341.JPG](/listings/photos/110767043/733007) - P1110341.JPG
- ![P1110342.JPG](/listings/photos/110767043/733008) - P1110342.JPG

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/110767043/733009) - EPC Rating Graph

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #13542107
- **Address:** 40 Gordon Avenue, BOGNOR REGIS, PO22 9LS
- **Certificate Issued:** 06/05/2019
- **Work Completed:** 12/04/2019
- **Items:** 2 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 40 FLAT A GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS | £149,950 | 23/09/2022 | Flat |
| 40 FLAT A GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS | £104,950 | 28/06/2013 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 14A HIGHFIELD ROAD, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8BG | £165,000 | 09/10/2025 | Flat |
| [Same street] 52B GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS | £140,000 | 04/08/2023 | Flat |
| 13 HIGHFIELD GARDENS, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8PA | £175,000 | 28/02/2023 | Flat |
| [Same street] 30 GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS | £205,000 | 03/02/2023 | Semi-detached |
| [Same street] 36 FLAT 2 GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS | £190,000 | 20/01/2023 | Flat |
| 21 HIGHFIELD GARDENS, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8PA | £152,500 | 14/10/2022 | Flat |
| 17 HIGHFIELD ROAD, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8BQ | £250,000 | 07/07/2022 | Flat |
| 11 HIGHFIELD GARDENS, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8PA | £186,500 | 06/05/2022 | Flat |
| [Same street] TUSKERS, 54 GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS | £255,000 | 28/03/2022 | Semi-detached |
| [Same street] 52A GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS | £116,250 | 28/01/2022 | Flat |
| 29 FLAT 1 HIGHFIELD ROAD, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8BQ | £122,500 | 23/12/2021 | Flat |
| 15 NEVILLE ROAD, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8BN | £210,000 | 15/10/2021 | Flat |
| [Same street] 30A GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS | £115,000 | 24/09/2021 | Flat |
| 69 GROUND FLOOR FLAT HIGHFIELD ROAD, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8PD | £165,000 | 24/09/2021 | Flat |
| THE WALDRONS, 19 FLAT 3 NEVILLE ROAD, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8BN | £200,000 | 23/09/2021 | Flat |
| WHYKE HOUSE, 11 FLAT 5 GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LG | £95,000 | 03/09/2021 | Flat |
| 142B ORCHARD WAY, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9JX | £230,000 | 30/06/2021 | Flat |

**Street average:** £170,208 (6 sales)
**Area average:** £177,409 (11 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £193,818 (11 Flat, PO22, 2024–2026)
- **Deviation:** -38.1%

## Rental Range

*ONS Price Index of Private Rents (Arun). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,102/mo
- **Realistic:** £1,224/mo
- **Optimistic:** £1,346/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Worthing (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £758/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Havelock Road, PO21 | £900/mo | 1 | 0.34 miles | OpenRent |
| Studio Flat, Gasden House, PO21 | £750/mo | 1 | 0.45 miles | OpenRent |
| 1 Bed Flat, Linden Road, PO21 | £850/mo | 1 | 0.48 miles | OpenRent |
| 1 Bed Flat, Richmond House, PO21 | £900/mo | 1 | 0.81 miles | OpenRent |
| 1 Bed Flat, Havelock Close, PO22 | £1,050/mo | 1 | 0.86 miles | OpenRent |
| 1 Bed Maisonette, Aldwick Road, PO21 | £850/mo | 1 | 1.07 miles | OpenRent |

**Average rent: £883/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 0.73% (weak for cashflow)
- **Max investor price (0.8%):** £109,375
- **Target investor price (1%):** £87,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £875/mo).*

- **Gross yield:** 8.8%
- **Cost-to-rent:** 11.4×
- **Monthly cashflow:** £290/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 10%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,609/m²

## Capital growth trend

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

- **5y growth:** -6.7%
- **10y growth:** 5.3%

## House Price Index (HM Land Registry)

*Official index for Arun; Flats and maisonettes series; as of March 2026.*

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

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

LEASEHOLD

Floor area

46 m²

EPC rating

Year built

England and Wales: 1900-1929

Last sold

£149,950 Sep 2022

Price per m²

£2,609/m²

Local average

£193,818 (-38.1%)

Deprivation

Decile 3 (9,893 of 33,755)

Street crime

480 incidents within 1 mile (Apr 2026)

Key features

One Double Bedroom
Living Room
Kitchen
Bathroom
Private Garden
Investment Property With Tenant in Situ
Current Rent: £680pcm
EPC Rating: E

Additional details

Garden: Yes

Description

OPEN TO INVESTMENT PURCHASERS, TENANT IN SITU, ACHIEVING A RENTAL YIELD IN THE REGION OF 6.8%

A One bedroom ground floor flat with its own private garden is now available through Leaders in Bognor Regis.

The accommodation consists of Living room, Kitchen, double bedroom and shower room. The property also benefits from its own front door and Garden. The property which is located on the outskirts of the town is within close driving distance of the industrial park, Tesco's and Sainsbury's.

This property is being sold with a tenant in situ paying £8,160 per annum, achieving a Gross yield of 6.8%. The lease is currently in the process of being extended to 165 years.

Contact us on to book a viewing today.

Listed by

Bognor Regis

Leaders and Romans Group

Reference: 110767043

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: D

Inspection date: 23/04/2021

Expiry date: 22/04/2031

Est. upgrade cost to C: £11,525

EPC E or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Cavity wall insulation (£500 - £1,500)
Floor insulation (solid floor) (£4,000 - £6,000)
Draughtproof single-glazed windows (£80 - £120)
Low energy lighting for all fixed outlets (£25)
Replace single glazed windows with low-E double glazing (£3,300 - £6,500)
High performance external doors (£500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC Rating Graph

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #13542107

Property Details

Street: 40 Gordon Avenue

Town: BOGNOR REGIS

Postcode: PO22 9LS

Installation Details

Items: 2 windows

Certificate Issued: 06/05/2019

Work Completed: 12/04/2019

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

43% since 2013

Event	Date	Price	% change
Sold	23/09/2022 (3 years ago)	£149,950	+42.9%
Sold	28/06/2013 (12 years ago)	£104,950	—

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
14A HIGHFIELD ROAD, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8BG	£165,000	09/10/2025	Flat
Same street 52B GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS	£140,000	04/08/2023	Flat
13 HIGHFIELD GARDENS, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8PA	£175,000	28/02/2023	Flat
Same street 30 GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS	£205,000	03/02/2023	Semi-detached
Same street 36 FLAT 2 GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS	£190,000	20/01/2023	Flat
21 HIGHFIELD GARDENS, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8PA	£152,500	14/10/2022	Flat
17 HIGHFIELD ROAD, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8BQ	£250,000	07/07/2022	Flat
11 HIGHFIELD GARDENS, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8PA	£186,500	06/05/2022	Flat
Same street TUSKERS, 54 GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS	£255,000	28/03/2022	Semi-detached
Same street 52A GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS	£116,250	28/01/2022	Flat
29 FLAT 1 HIGHFIELD ROAD, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8BQ	£122,500	23/12/2021	Flat
15 NEVILLE ROAD, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8BN	£210,000	15/10/2021	Flat
Same street 30A GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS	£115,000	24/09/2021	Flat
69 GROUND FLOOR FLAT HIGHFIELD ROAD, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8PD	£165,000	24/09/2021	Flat
THE WALDRONS, 19 FLAT 3 NEVILLE ROAD, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 8BN	£200,000	23/09/2021	Flat
WHYKE HOUSE, 11 FLAT 5 GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LG	£95,000	03/09/2021	Flat
142B ORCHARD WAY, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9JX	£230,000	30/06/2021	Flat

Street average: £170,208 (6 sales)

Area average: £177,409 (11 sales)

Capital growth trend

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

5y growth -6.7%

10y growth 5.3%

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 £1,102/mo

Realistic £1,224/mo

Optimistic £1,346/mo

Based on Local Authority from postcode lookup → Arun.

LHA (30th percentile) floor for Worthing: £758/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View PO22 9LS

Nearby

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

Type	Name	Distance
Shop	Highfield Launderette	0.1 miles
Shop	Bits & PC's	0.1 miles
Bus stop	Shripney Road	0.1 miles
Bus stop	Highfield Road	0.1 miles
Train station	Bognor Regis	0.4 miles
University	University of Chichester (Bognor Campus)	0.5 miles
Train station	Barnham	3.0 miles
Hospital	Connolly House	5.9 miles
University	Unknown	5.9 miles
Hospital	Zachary Merton Hospital	7.5 miles

Street-level crime

Category	Count
Violence and sexual offences	113
Anti-social behaviour	93
Shoplifting	77
Criminal damage and arson	44
Other theft	28
Vehicle crime	28
Public order	26
Burglary	24
Drugs	17
Robbery	11
Other crime	6
Possession of weapons	6
Bicycle theft	5
Theft from the person	2
Total incidents	480

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
South Bersted CofE Primary School	Primary	0.2 miles	Good — 23 Jun 2017
Edward Bryant School	Primary	0.4 miles	Good — 7 Feb 2023
Bersted Green Primary School, Bognor Regis	Primary	0.5 miles	— (Inspected (no overall grade))
Bognor Regis Nursery School	Nursery	0.5 miles	Outstanding — 3 Jun 2015
St Mary's Catholic Primary School	Primary	0.5 miles	Good — 14 Nov 2022

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Flat, Havelock Road, PO21	£900/mo	1	0.34 miles	OpenRent
Studio Flat, Gasden House, PO21	£750/mo	1	0.45 miles	OpenRent
1 Bed Flat, Linden Road, PO21	£850/mo	1	0.48 miles	OpenRent
1 Bed Flat, Richmond House, PO21	£900/mo	1	0.81 miles	OpenRent
1 Bed Flat, Havelock Close, PO22	£1,050/mo	1	0.86 miles	OpenRent
1 Bed Maisonette, Aldwick Road, PO21	£850/mo	1	1.07 miles	OpenRent

Average rent: £883/mo (6 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.73%

Max investor price (0.8%) £109,375

Target investor price (1%) £87,500

Gross yield 8.8%

Cost-to-rent ratio 11.4×

Monthly cashflow £290/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 10%

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).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).