11 bed detached house for sale

Cavendish Road, Bognor Regis, West Sussex PO21

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. 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 just finishing the 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.

Please note: A Buyer Onboarding Fee of £250 + VAT is payable by all purchasers upon offer acceptance. This covers full aml and Proof of Funds verification, investor onboarding, and one months' access to our exclusive HMO Xchange portal and dedicated Buyer’s Space within the HMO X Hub - providing specialist guides, content, and support for HMO investors of all experience levels.

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%