# 2 bedroom flat for sale (PO22 9LS) ## Property Details | Key | Value | |-----|-------| | Address | GROUND FLOOR FLAT, 46A, GORDON AVENUE, BOGNOR REGIS, WEST SUSSEX PO22 9LS | | Price | £110,000 | | Bedrooms | 2 | | Last sold | £105,000 Nov 2012 | ## Description A very well presented ground floor conversion flat located just on the outskirts of the Town Centre. Accommodation comprises of two double bedrooms, lounge, modern fitted kitchen, re fitted bathroom and the added benefits of an enclosed rear courtyard and gas central heating. Internal viewing is highly recommended. Inner Hall WayRadiator, telephone point. Living Room13' 7" x 11' 9"  (4.14m x 3.58m) Side aspect double glazed window radiator, under stairs storage cupboard housing meters, dado rail, inset fitted shelving. Kitchen11' 8" x 6' 9"  (3.56m x 2.06m) Inclusive of fitted units. Side aspect double glazed windows, roll top work surfaces incorporating a fitted sink and drainer. Range of fitted wall and base cupboard storage units, space for washing machine, fridge/freezer and cooker, wall mounted combination boiler, tiled flooring and walls. Bedroom14' 9" x 12' 4"  (4.5m x 3.76m) Currently being used as a lounge, front aspect double glazed window, television point, radiator. Bedroom11' 11" x 10' 9"  (3.63m x 3.28m) Rear aspect double glazed widows, ornate feature fire place, radiator, television point. Bathroom/WCDouble glazed opaque window. White suite comprising of a panel enclosed bath with fitted shower over, shower screen, low level WC, wash hand basin. Tiled floor and walls, radiator. OutsideCourtyardLocated to the rear of the property, enclosed, patio area, rear access. **IMPORTANT NOTE TO PURCHASERS:** We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. ## Property Photos - ![Main Image](/listings/photos/20428560/733130) - Main Image - ![Image 2](/listings/photos/20428560/733131) - Image 2 - ![Image 3](/listings/photos/20428560/733132) - Image 3 - ![Image 4](/listings/photos/20428560/733133) - Image 4 - ![Image 5](/listings/photos/20428560/733134) - Image 5 - ![Image 6](/listings/photos/20428560/733135) - Image 6 - ![Image 7](/listings/photos/20428560/733136) - Image 7 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 46A GROUND FLOOR FLAT GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS | £105,000 | 08/11/2012 | Flat | | 46A GROUND FLOOR FLAT GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS | £54,000 | 20/10/2000 | Flat | | 46A GROUND FLOOR FLAT GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS | £45,000 | 12/02/1999 | 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 | | [Same street] 40 FLAT A GORDON AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO22 9LS | £149,950 | 23/09/2022 | 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:** £167,314 (7 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:** -43.2% ## 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):** £947/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 | |------|------|------|------|------| | 2 Bed Flat, Hills Court, PO21 | £1,050/mo | 2 | 0.43 miles | OpenRent | | 2 Bed Flat, London Road, PO21 | £1,250/mo | 2 | 0.47 miles | OpenRent | | 2 Bed Flat, Linden Road, PO21 | £1,148/mo | 2 | 0.49 miles | OpenRent | | 2 Bed Flat, London Road, PO21 | £1,150/mo | 2 | 0.53 miles | OpenRent | | 2 Bed Maisonette, West St, PO21 | £1,700/mo | 2 | 0.85 miles | OpenRent | **Average rent: £1,260/mo (5 listings)** ## 1% Rule - **Rent ratio:** 1.05% (strong) - **Max investor price (0.8%):** £143,750 - **Target investor price (1%):** £115,000 *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 £1,150/mo).* - **Gross yield:** 12.5% - **Cost-to-rent:** 8× - **Monthly cashflow:** £577/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 21.7% *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).* ## 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)