Cavendish Road, Bognor Regis, West Sussex

11 11 1

£1,100,000 Offers Over Detached house for sale
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Description

Brand New 11-bedroom, 11-bathroom HMO—featuring 10 ensuite rooms and 8 kitchenettes—offers an exciting high-yield investment opportunity in the popular seaside town of Bognor Regis. The property is now complete and being actively marketed to working professionals, with 5 of the 11 rooms already let. Once fully occupied, it is projected to generate an annual rental income of £110,040 and deliver a gross yield of 10.00%. Ideally located close to the university campus, major employers, and local amenities, it benefits from robust tenant demand, while excellent connectivity via direct rail to London, Brighton, and Portsmouth, alongside easy access to the A27 and A259 coastal routes, enhances its appeal. With significant regeneration across the seafront, university, and town centre driving long-term growth and capital appreciation, this asset represents a rare opportunity to secure a high-performing HMO in one of the South Coast’s most vibrant and evolving rental markets.

Committed Sale Process

This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.

If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.

Full details of the Committed Sale process are available within the legal pack or from the HMO X team.

Gross Yield: 10.00%

Projected Income Breakdown (Monthly):
Room 1: £775.00 Room 2: £825.00 Room 3: £895.00 Room 4: £850.00 Room 5: £850.00 Room 6: £850.00 Room 7: £750.00 Room 8: £825.00 Room 9: £775.00 Room 10: £850.00 Room 11: £925.00 Total Projected Monthly Income: £9,170.00 Total Projected Annual Income: £110,040.00
Projected Expenditure Breakdown (Monthly):
Gas: £385.00 Electric: £385.00 Water: £26.00 (Unmetered) Council Tax: £235.50 TV License: £15.00 Broadband: £40.00 Cleaner: £60.00 Management: £658.00 Total Projected Monthly Expenditure: £1,804.50 Total Annual Monthly Expenditure: £21,654.00 *The development is now complete and currently 50% tenanted. These expenses are based on the current tenancy position and will be updated once the property is fully tenanted*
Projected Investment Performance:
Projected Net Annual Income: £88,386.00 Gross Yield: 10.00% Net Yield: 8.04%
Reference: XFG-3817778

Area Description

No area description is available for this property.

Additional Details

  • Bedrooms: 11 Bedrooms
  • Bathrooms: 11 Bathrooms
  • Receptions: 1 Reception
  • Ensuites: 10 Ensuites
  • Additional Toilets: 1 Toilet
  • Kitchens: 1 Kitchen
  • Dining Rooms: 1 Dining Room
  • Tenure: Freehold
  • Rights and Easements: Article 4 Area
  • Risks: Ask Agent

Additional Features

  • Accessibility - Not Suitable for Wheelchair Users
  • Investment Opportunity

Broadband Speeds

  • Download: 14mbps - 1800mbps
  • Upload: 1mbps - 220mbps

Estimated broadband speeds provided by Ofcom for this property's postcode.

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Features

  • Property Type - Brand New 11 bed, 11 bath (10 ensuite) HMO with 8 kitchenette rooms
  • Tenant Type – Designed to be fully occupied by working professionals, supporting strong ongoing demand.
  • Strategic Location – Situated in Bognor Regis, a popular seaside town with university campus and major employers
  • Transport & Connectivity – Direct rail to London, Brighton & Portsmouth, plus easy A27 and A259 coastal routes
  • Regeneration Benefits – Ongoing seafront, university and town centre regeneration driving growth and demand
  • High Rental Income & Strong Yield – Projected gross annual income of £110,040 when full, delivering 10.07% yield

Enquiry

To make an enquiry for this property, please call us on 0330 4415 888, or complete the form below.

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