Sold Bungalow

47 SOUTH WAY

BOGNOR REGIS, WEST SUSSEX PO21 5EY

3 beds 2 baths 980 sq ft Listed 30 Oct 2023 (-959d)

£410,000

Reduced on 22 Aug 2024

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Front Rear View Kitchen,Living/Dining Room Family Bathroom Kitchen Bedroom One En Suite Shower Room Bedroom Two Bedroom Three Garage Garage

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Property details

Tenure

FREEHOLD

Floor area

91 m²

Council tax band

TBC

EPC rating

B

Last sold

£400,000 Mar 2025

Price per m²

£4,505/m²

Local average

£532,860 (-23.1%)

Deprivation

Decile 6 (20,238 of 33,755)

Street crime

401 incidents within 1 mile (Apr 2026)

Key features

  • Luxury new semi-detached bungalow
  • Light and spacious accommodation
  • Open plan quality kitchen/living area
  • Luxury bathroom & en suite shower rm
  • Three bedrooms, builders warranty
  • Underfloor heating, double glazing
  • Ready for immediate occupation
  • Well insulated to be energy-efficient
  • Detached Garage, car charging point
  • Long driveway and enclosed garden

Additional details

Parking
Yes
Garden
Yes

Description

A RARE OPPORTUNITY TO PURCHASE A NEW BRIGHT AND SPACIOUS CONTEMPORARY BAY FRONTED SEMI-DETACHED BUNGALOW WITH DETACHED GARAGE. Built by a local builder to a high specification and flooded with natural light especially to the main living areas which enjoy an outlook onto the rear garden. The property is ready for immediate occupation and all three bedrooms have fitted wardrobes . Features include underfloor heating, double glazing, a Builders LABC Warranty together with a high standard of insulation throughout to be highly energy efficient including cavity insulation and a mains smoke alarm. EARLY VIEWING IS STRONGLY RECOMMENDED. Fitted carpets to all three bedrooms.

The property is located on the northern outskirts of Bognor Regis and convenient for local shopping facilities at Royal Parade together with a bus service to Bognor Regis town centre. There is a medical centre, dentist and schools nearby whilst Bognor Regis offers further shopping facilities, railway station and sea front with promenade. There are also the out of town superstores available along the Shripney Road.

Listed by

Yapton

Normans Estate Agents

Reference: 141430967

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: A

Inspection date: 25/09/2023

Expiry date: 24/09/2033

Current heating cost: £458/year

Potential heating cost: £458/year

Est. upgrade cost to C: £9,500

Recommendations

  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC 1

EPC 1

Price history

192% since 2011

Event Date Price % change
Sold 28/03/2025 (1 year ago) £400,000 +192%
Sold 05/07/2011 (14 years ago) £137,000

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 30 SOUTH WAY, BOGNOR REGIS, ARUN, WEST SUSSEX, PO21 5EY £355,000 26/10/2023 Semi-detached
50 APPLEGATE WAY, BOGNOR REGIS, ARUN, WEST SUSSEX, PO21 5GB £395,000 09/10/2023 Detached
33 NORBREN AVENUE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO21 5HE £385,000 03/02/2023 Detached
17 ROMAN FIELDS, BOGNOR REGIS, ARUN, WEST SUSSEX, PO21 5XA £400,000 29/09/2022 Detached
95 GRAVITS LANE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO21 5LN £293,000 29/04/2022 Detached
97 GRAVITS LANE, BOGNOR REGIS, ARUN, WEST SUSSEX, PO21 5LN £315,000 31/08/2021 Detached

Street average: £355,000 (1 sale)

Area average: £357,600 (5 sales)

Capital growth trend

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

5y growth 12.5%
10y growth 33.7%

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

1y (index) -1%
5y (index) 10.3%
10y (index) 29.4%

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: £1,177/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Collyer Avenue 0.1 miles
Shop Wagtails & Walkies 0.2 miles
Shop The Barbering 0.2 miles
Train station Bognor Regis 0.9 miles
University University of Chichester (Bognor Campus) 1.3 miles
Train station Barnham 3.4 miles
Hospital Connolly House 5.2 miles
University Unknown 5.2 miles
Hospital Zachary Merton Hospital 8.4 miles

Street-level crime

Category Count
Violence and sexual offences 107
Anti-social behaviour 76
Shoplifting 66
Criminal damage and arson 33
Vehicle crime 23
Burglary 21
Public order 21
Other theft 20
Robbery 11
Drugs 9
Bicycle theft 5
Other crime 5
Possession of weapons 3
Theft from the person 1
Total incidents 401

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
Southway Primary School Primary 0.1 miles Good — 5 May 2022
The Regis School Secondary 0.1 miles Good — 24 Nov 2017
Nyewood CofE Infant School, Bognor Regis Primary 0.4 miles Good — 28 Mar 2018
Nyewood CofE Junior School Primary 0.4 miles Good — 24 Apr 2014
Bersted Green Primary School, Bognor Regis Primary 0.6 miles (Inspected (no overall grade))

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
3 Bed Semi-Detached House, Potters Way, PO21 £1,485/mo 3 0.72 miles OpenRent

Average rent: £1,485/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.36%
Max investor price (0.8%) £185,625
Target investor price (1%) £148,500
Gross yield 4.3%
Cost-to-rent ratio 23×
Monthly cashflow £-303/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -3.1%
  • 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).