# 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. 

Contact us on   to book a viewing today.

## 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)