11 bed property

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11 bed property

Cavendish Road, Bognor Regis, West Sussex PO21
£1,100,000

Our Summary

  • This mid-development 11-bedroom, 11-bathroom HMO-featuring 10 ensuite rooms-offers an exciting high-yield investment opportunity in the popular seaside town of Bognor Regis

Description

This 11-bedroom, 11-bathroom HMO in Bognor Regis is a high-yield investment opportunity with a projected annual rental income of £110,760 and a gross yield of 10.07%. The property is located close to the university campus, major employers, and local amenities, and benefits from robust tenant demand and excellent connectivity. With significant regeneration underway in the area, this asset represents a rare opportunity to secure a high-performing HMO in a vibrant and evolving rental market. The projected income breakdown shows a total monthly income of £9,230, with projected expenditure of £2,658.50, resulting in a projected net annual income of £78,858 and a net yield of 7.17%.