2 Bed Terraced House, Single Let, Petworth, GU28 9HY, £325,000

56 Valentines Lea, Petworth, West Sussex, GU28 9HY - 2 views - a year ago

Leasehold
BTL
ROI: 8%
71 m²
+4 photos

ValuationUndervalued

Sold Prices£312.5K - £675.5K
Sold Prices/m²£3.6K/m² - £6.8K/m²

 

 

Square Metres

71 m²
Price/m²£4.6K/m²

Value Estimate

£403,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£1,375 - £4,500

Rent Estimate

£2,100

Running Costs/mo

£1,456

Cashflow/mo

£644

Cashflow/yr

£7,733

ROI

8%

Gross Yield

8%

Local Sold Prices

5 sold prices from £312.5K to £675.5K, average is £500K. £3.6K/m² to £6.8K/m², average is £6.2K/m².

PriceDateDistanceAddressBeds 
£425K11/220.29 mi2, Lilac Cottage, Northchapel, Petworth, West Sussex GU28 9HL2
£312.5K12/201.92 mi3, Greengates, Lurgashall, Petworth, West Sussex GU28 9ES2
£500K09/212.07 miAppletree Cottage, Petworth Road, Chiddingfold, Godalming, Surrey GU8 4SP2
£635K01/242.79 miKeepers Cottage, Lythe Hill Park, Haslemere, Surrey GU27 3BD2
£675.5K09/222.89 mi1, Capels Cottages, Balls Cross, Petworth, West Sussex GU28 9JU2

Local Rents

6 rents from £1.4K/mo to £4.5K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£1,37503/250.09 mi-2
£4,50004/241.01 miJobsons Lane, Lurgashall4
£2,25010/241.81 mi-2
£2,50004/241.91 miGospel Green, Chiddingfold/Haslemere, Surrey4
£2,50004/241.91 miHaslemere, Chiddingfold, Surrey, GU274
£2,10012/242.04 miGostrode Lane, Chiddingfold3

Local Area Statistics

Population in GU28

6,755

Population in Petworth

6,758

Town centre distance

3.97 miles away

Nearest school

0.20 miles away

Nearest train station

3.88 miles away

 

 

Sales demand

Buyer's market

Capital growth (5yrs)

+19%

Property History

Listed for £325,000

January 19, 2024

Sold for £93,375

2008

Floor Plans

Description

  • A wonderful end of terrace house +
  • Set within a quiet cul-de-sac location +
  • Lovely countryside views from the rear of the property over open fields +
  • Two allocated parking spaces +
  • Short distance to Primary school +
  • The property is currently leasehold but will be staircased to freehold on completion +

A wonderful end of terrace house with TWO allocated parking spaces and set within a quiet cul-de-sac location. Lovely countryside views from the rear of the property over open fields and with some great walks close by, great for getting the kids out of the house or for dog walking. A short distance to Northchapel primary school and the children's play area.

Room sizes:

  • Entrance Hall
  • Kitchen: 8'10 x 8'6 (2.69m x 2.59m)
  • Cloakroom
  • Lounge: 14'10 x 12'7 (4.52m x 3.84m)
  • Landing
  • Bedroom 1: 14'10 x 8'5 (4.52m x 2.57m)
  • Family Bathroom
  • Bedroom 2: 13'0 up to fitted wardrobes x 8'7 (3.97m x 2.62m)
  • Front Garden
  • Landscaped Rear Garden
  • Two Allocated Parking Spaces
  • £37.13 per month  
    The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
     
    We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Cubitt & West, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Agent Details

Cubitt & West, Pulborough

01798 309665

Next Steps?

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