Cavendish Road, Bognor Regis, West Sussex

11 11 1

£1,100,000 Offers Over House of multiple occupation for sale

Description

This mid-development 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. Once complete, the property will be fully let to working professionals, generating a projected annual rental income of £110,760 and delivering a strong gross yield of 10.07%. 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.

As this property is mid-development, certificates and licensing are pending completion. If you would like to see the visual pack for an idea of the finished product, please contact the team.

Gross Yield: 10.07%

Projected Income Breakdown (Monthly):

Room 1: £795.00 Room 2: £850.00 Room 3: £895.00 Room 4: £850.00 Room 5: £850.00 Room 6: £850.00 Room 7: £750.00 Room 8: £850.00 Room 9: £795.00 Room 10: £850.00 Room 11: £895.00 Total Projected Monthly Income: £9,230.00 Total Projected Annual Income: £110,760.00

Projected Expenditure Breakdown (Monthly):

Gas: £550.00 Electric: £770.00 Water: £220.00 Council Tax: £235.50 TV License: £15.00 Broadband: £60.00 Cleaner: £60.00 Management: £748.00 Total Projected Monthly Expenditure: £2,658.50 Total Annual Monthly Expenditure: £31,902.00

Projected Investment Performance:

Projected Net Annual Income: £78,858.00 Gross Yield: 10.07% Net Yield: 7.17%

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

Broadband Speeds

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

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

Features

Property Layout – Mid-development 11 bed, 11 bath (10 ensuite) HMO with 8 kitchenette rooms
Tenant Type – To be fully tenanted by working professionals on completion, ensuring strong 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 £110,760 delivering 10.07% yield

Enquiry

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