2 Bed Terraced House, Single Let, Bognor Regis, PO22 9QN, £245,000

Stoneage Close, North Bersted, Bognor Regis PO22 9QN - a year ago

Sold STC
BTL
~58 m²
+6 photos

ValuationOvervalued

Sold Prices£190K - £375K
Sold Prices/m²£2.6K/m² - £8K/m²

 

 

Square Metres

~57.88 m²
Price/m²£4.2K/m²

Value Estimate

£227,725

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£8,550

Total Cash In

£69,800

 

 

Cash Out

 

Rent Range

£768 - £1,400

Rent Estimate

£872

Running Costs/mo

£960

Cashflow/mo

£-88

Cashflow/yr

£-1,056

Gross Yield

4%

Local Sold Prices

50 sold prices from £190K to £375K, average is £246K. £2.6K/m² to £8K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£240K12/210.03 mi37, Stoneage Close, Bognor Regis, West Sussex PO22 9QN2
£220K01/210.03 mi8, Stoneage Close, Bognor Regis, West Sussex PO22 9QN2
£235K03/230.03 mi26, Stoneage Close, Bognor Regis, West Sussex PO22 9QN2
£225K02/210.03 mi75, Osprey Gardens, Bognor Regis, West Sussex PO22 9QQ2
£213K05/210.06 mi49, Stoneage Close, Bognor Regis, West Sussex PO22 9QW2
£247K10/230.06 mi52, Osprey Gardens, Bognor Regis, West Sussex PO22 9QQ2
£228K12/200.06 mi80, Osprey Gardens, Bognor Regis, West Sussex PO22 9QQ2
£217K12/200.06 mi71, Stoneage Close, Bognor Regis, West Sussex PO22 9QW2
£205K02/210.11 mi6, Bronze Close, Bognor Regis, West Sussex PO22 9RS2
£212.5K10/210.11 mi3, Bronze Close, Bognor Regis, West Sussex PO22 9RS2
£195K11/200.11 mi29, Bronze Close, Bognor Regis, West Sussex PO22 9RS2
£275K09/230.12 mi77, Addison Way, Bognor Regis, West Sussex PO22 9HZ2
£350K07/230.12 mi70, Addison Way, Bognor Regis, West Sussex PO22 9HZ2
£230K05/210.13 mi25, Finch Gardens, Bognor Regis, West Sussex PO22 9EQ2
£225K03/210.13 mi21, Finch Gardens, Bognor Regis, West Sussex PO22 9EQ2
£290K04/210.14 mi69, Addison Way, Bognor Regis, West Sussex PO22 9HZ2
£247K06/210.15 mi69, Woodlands Road, Bognor Regis, West Sussex PO22 9EG2
£237K05/210.15 mi41, Addison Way, Bognor Regis, West Sussex PO22 9HY2
£238K05/210.15 mi63, Woodlands Road, Bognor Regis, West Sussex PO22 9EG2
£302.5K04/210.15 mi33, Addison Way, Bognor Regis, West Sussex PO22 9HY2
£305K02/230.15 mi31, Addison Way, Bognor Regis, West Sussex PO22 9HY2
£200K05/210.2 mi4, Warblers Way, Bognor Regis, West Sussex PO22 9LR2
£245K11/200.23 mi49, Woodlands Road, Bognor Regis, West Sussex PO22 9EE2
£340K11/220.23 mi59, Hazel Road, Bognor Regis, West Sussex PO22 9ED2
£270K12/200.24 mi65, Hazel Road, Bognor Regis, West Sussex PO22 9ED2
£222.5K02/210.24 mi10, Heron Close, Bognor Regis, West Sussex PO22 9NA2
£275K08/230.24 mi8, Heron Close, Bognor Regis, West Sussex PO22 9NA2
£275K07/210.26 mi1, Woodlands Road, Bognor Regis, West Sussex PO22 9EB2
£310K10/230.26 mi4, Woodlands Road, Bognor Regis, West Sussex PO22 9EB2
£282.5K09/230.26 mi3, Woodlands Road, Bognor Regis, West Sussex PO22 9EB2
£303K04/230.27 mi1, Sunningdale Gardens, Bognor Regis, West Sussex PO22 9LE2
£230K03/210.29 mi16, Cygnet Walk, Bognor Regis, West Sussex PO22 9LY2
£275K06/230.29 mi7, Hawks Place, Bognor Regis, West Sussex PO22 9LZ2
£265K10/220.32 mi27, Ash Grove, Bognor Regis, West Sussex PO22 9JT2
£200K02/210.32 mi91, Ash Grove, Bognor Regis, West Sussex PO22 9JT2
£290K01/240.32 mi52, Hazel Road, Bognor Regis, West Sussex PO22 9DN2
£255K06/210.33 mi28, Ash Grove, Bognor Regis, West Sussex PO22 9JH2
£250K08/210.34 mi26, Westfield, Bognor Regis, West Sussex PO22 9HF2
£260K12/220.35 mi4, Laburnum Grove, Bognor Regis, West Sussex PO22 9HT2
£310K12/220.37 mi14, Sandymount Close, Bognor Regis, West Sussex PO22 9EL2
£300K04/210.37 mi2, Sandymount Close, Bognor Regis, West Sussex PO22 9EL2
£280K09/210.38 mi20, Greenwood Close, Bognor Regis, West Sussex PO22 9DG2
£190K04/210.38 mi68, Markfield, Bognor Regis, West Sussex PO22 9HN2
£215K03/210.39 mi3, Greenwood Close, Bognor Regis, West Sussex PO22 9DG2
£205K11/200.39 mi45, Westfield, Bognor Regis, West Sussex PO22 9HE2
£275K06/210.39 mi34, Mansfield Road, Bognor Regis, West Sussex PO22 9HB2
£375K08/230.39 mi52, Mansfield Road, Bognor Regis, West Sussex PO22 9HB2
£212.5K01/210.4 mi1, Westfield, Bognor Regis, West Sussex PO22 9HE2
£205K11/200.4 mi45, Westfield, Bognor Regis, West Sussex PO22 9HE2
£205.5K02/210.4 mi37, Westfield, Bognor Regis, West Sussex PO22 9HE2

Local Rents

51 rents from £768/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,25011/240.05 mi-2
£1,10007/240.06 miStoneage Close, Bognor Regis2
£1,29508/240.22 miRavens Way, Bognor Regis, PO222
£1,27507/240.23 miHeron Close, Bognor Regis, West Sussex, PO222
£1,25008/240.23 miHeron Close, Bognor Regis2
£1,10006/240.34 miMarkfield, Bognor Regis, PO222
£1,09506/240.34 mi-2
£1,09506/240.34 mi-2
£1,30006/240.35 miChestnut Grove, BOGNOR REGIS2
£1,00007/240.35 miMarkfield, North Bersted, Bognor Regis2
£1,09507/240.62 miWestloats Lane, PO212
£1,35007/240.64 miMackintosh Drive, North Bersted, Bognor Regis, PO212
£1,10006/240.65 miBersted Street, BOGNOR REGIS2
£1,15007/240.65 miBersted Street, BOGNOR REGIS2
£1,15007/240.66 miBersted Street, Bognor Regis, West Sussex, PO222
£88007/240.66 miMorris Square, North Bersted, Bognor Regis2
£1,29508/240.66 miShripney Road, Bognor Regis2
£1,15007/240.66 miSouthdown Court, Bersted Street, Bognor Regis, PO222
£1,25002/250.67 mi-2
£1,25003/250.7 mi-2
£1,30001/250.71 mi-2
£1,15006/240.71 miEssex Road, Bognor Regis, PO212
£1,20008/240.71 miHighfield Gardens, Bognor Regis, West Sussex, PO222
£1,25007/240.71 miThe Boulevard2
£1,05007/240.73 miEssex Road, BOGNOR REGIS2
£1,15006/240.74 mi-2
£1,10002/250.78 mi-2
£76812/240.78 mi-2
£99506/240.78 miCarlingford Court, Bognor Regis2
£1,10006/240.78 miCarlingford Court2
£99506/240.84 miOakwood Court, Victoria Drive, Bognor Regis, PO212
£1,20007/240.86 miBonham Road, Bognor Regis2
£1,25007/240.92 miVictoria Drive, Bognor Regis, West Sussex, PO212
£1,40006/240.93 miParkside, Upper Bognor Road, Bognor Regis, PO212
£1,25006/240.97 miPotters Way, North Bersted, Bognor Regis, PO212
£1,05007/240.97 miLongford Road, Bognor Regis, West Sussex, PO212
£1,20008/240.98 miMead Lane, Bognor Regis, PO222
£97502/250.99 mi-2
£1,10006/241 miHenry Street, Bognor Regis, PO212
£1,30007/241.02 miBognor Regis2
£1,40006/241.03 miPevensey Road Bognor Regis PO212
£97507/241.03 miLongford Road, BOGNOR REGIS2
£87506/241.1 mi-2
£89502/251.1 mi-2
£89507/241.1 miLinden Road, Bognor Regis, PO212
£1,00002/251.1 mi-2
£1,00007/241.1 miHills Court, Bognor Regis, PO212
£99512/241.1 mi-2
£85006/241.1 mi-2
£95007/241.12 miBurnham Avenue, Bognor Regis, PO212
£92502/251.12 mi-2

Local Area Statistics

Population in PO22

28,866

Population in Bognor Regis

68,380

Town centre distance

0.93 miles away

Nearest school

0.30 miles away

Nearest train station

1.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £245,000

February 16, 2024

Sold for £200,000

2016

Floor Plans

Description

  • Potential of No Forward Chain +
  • Mid Terraced House +
  • Spacious Lounge / Dining Room +
  • Modern Fitted Kitchen +
  • Modern Fitted Bathroom +
  • UPVC Double Glazing and Gas Fired Central Heating Throughout +
  • Secluded Rear Garden +
  • Plenty Of On Street Parking Available +
  • Located in a Popular Residential Area Close to a Variety of Amenities +

Whitlocks Estate Agents are delighted to bring to the market this spacious Mid Terraced two Bedroom house, positioned in a popular residential location, close to a variety of amenities. The property is arranged over two floors, on the ground floor there is a spacious Lounge / Dining room which leads through to the modern fitted Kitchen, which houses plenty of storage as well as views and access onto the rear Garden. On the first floor two spacious double Bedrooms can be found along with a modern fitted Bathroom. Further benefits include newly fitted UPVC Double Glazing, a newly fitted boiler providing Gas Fired Central Heating throughout along with new guttering, facias and soffits. There is also new flooring throughout the property. Outside to the rear the secluded garden is mainly laid to lawn providing low maintenance and there is also a gate to access the rear for ease and convenience. There is also plenty of on street parking available nearby which works on a first come first serve basis. Viewing is a must and would suit a first time buyer or a buy to let investment.

EPC Rating: C

Agent Details

Whitlocks Estate Agents, Bognor Regis

01243 262747

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪