3 Bed Terraced House, Single Let, Bognor Regis, PO22 8AD, £260,000

4 Stanford Close, Bognor Regis, West Sussex, PO22 8AD - 10 months ago

Sold STC
BTL
ROI: 3%
66 m²
+6 photos

ValuationOvervalued

Sold Prices£152K - £495K
Sold Prices/m²£2K/m² - £6.8K/m²

 

 

Square Metres

66 m²
Price/m²£3.9K/m²

Value Estimate

£212,667

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Rent Range

£1,060 - £2,167

Rent Estimate

£1,244

Running Costs/mo

£1,081

Cashflow/mo

£163

Cashflow/yr

£1,952

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £152K to £495K, average is £290K. £2K/m² to £6.8K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£280K02/230 mi2, Stanford Close, Bognor Regis, West Sussex PO22 8AD3
£215K03/210.06 mi49, Ivy Crescent, Bognor Regis, West Sussex PO22 8AB3
£290K12/200.13 mi42, Highcroft Crescent, Bognor Regis, West Sussex PO22 8DL3
£291K02/210.14 mi3, Ivy Lane, Bognor Regis, West Sussex PO22 8AA3
£335K02/230.18 mi107, Highcroft Crescent, Bognor Regis, West Sussex PO22 8DT3
£372.5K12/200.21 mi39, Elmwood Avenue, Bognor Regis, West Sussex PO22 8DD3
£311K04/210.21 mi40, Madeira Avenue, Bognor Regis, West Sussex PO22 8DB3
£265K12/200.25 mi14, Stratton Court, Bognor Regis, West Sussex PO22 8DP3
£277K12/200.25 mi50, Highfield Road, Bognor Regis, West Sussex PO22 8PH3
£296K08/230.35 mi22, Hook Lane, Bognor Regis, West Sussex PO22 8AY3
£310K04/230.36 mi63, Mead Lane, Bognor Regis, West Sussex PO22 8AW3
£270K12/200.36 mi57, Mead Lane, Bognor Regis, West Sussex PO22 8AW3
£415K11/220.36 mi71, Mead Lane, Bognor Regis, West Sussex PO22 8AP3
£215K04/210.37 mi113, Orchard Way, Bognor Regis, West Sussex PO22 9JZ3
£440K03/240.38 mi2, Brooksmead, Bognor Regis, West Sussex PO22 8AS3
£222K04/210.39 mi85, Ash Grove, Bognor Regis, West Sussex PO22 9JT3
£255K08/230.4 mi36, Ash Grove, Bognor Regis, West Sussex PO22 9JH3
£377.5K11/230.41 mi28, Church Lane, South Bersted, Bognor Regis, West Sussex PO22 9PZ3
£305K05/230.41 mi55, Chestnut Grove, Bognor Regis, West Sussex PO22 9JF3
£285K12/220.42 mi8, The Paddock, South Bersted, Bognor Regis, West Sussex PO22 9PY3
£228.2K12/200.42 mi3, The Paddock, South Bersted, Bognor Regis, West Sussex PO22 9PY3
£238K06/210.42 mi2, The Paddock, South Bersted, Bognor Regis, West Sussex PO22 9PY3
£228.2K12/200.42 mi3, The Paddock, South Bersted, Bognor Regis, West Sussex PO22 9PY3
£220K09/200.42 mi8, The Paddock, South Bersted, Bognor Regis, West Sussex PO22 9PY3
£225K04/210.44 mi26, Corbishley Road, Bognor Regis, West Sussex PO22 9HR3
£285K01/240.44 mi14, Somerset Gardens, Bognor Regis, West Sussex PO21 2AA3
£320K09/210.45 mi13, Stanley Close, Bognor Regis, West Sussex PO21 1BB3
£298K07/230.46 mi45, Orchard Way, Bognor Regis, West Sussex PO22 9HH3
£218K02/210.47 mi29, Oak Grove, Bognor Regis, West Sussex PO22 9JJ3
£290K10/220.47 mi29, Oak Grove, Bognor Regis, West Sussex PO22 9JJ3
£425K05/210.47 mi43, Rife Way, Bognor Regis, West Sussex PO22 7BP3
£272K09/210.48 mi105, Longford Road, Bognor Regis, West Sussex PO21 1AE3
£375K11/200.48 mi57, Chichester Road, Bognor Regis, West Sussex PO21 2XH3
£243K06/210.51 mi126, Longford Road, Bognor Regis, West Sussex PO21 1AF3
£495K08/230.52 mi7, Rife Way, Bognor Regis, West Sussex PO22 7BN3
£275K07/230.52 mi13, Oak Grove, Bognor Regis, West Sussex PO22 9JL3
£425K11/200.53 miLavender Cottage, 20, North Way, Bognor Regis, West Sussex PO22 7BT3
£290.5K02/230.53 mi7, Murina Avenue, Bognor Regis, West Sussex PO21 2DA3
£152K12/220.53 mi4, Laurel Grove, Bognor Regis, West Sussex PO22 9JR3
£330K05/210.54 mi72, Hillsboro Road, Bognor Regis, West Sussex PO21 2DY3
£315K10/230.54 mi26, Murina Avenue, Bognor Regis, West Sussex PO21 2DA3
£232K03/210.54 mi7, Murina Avenue, Bognor Regis, West Sussex PO21 2DA3
£365K04/230.54 mi23, Murina Avenue, Bognor Regis, West Sussex PO21 2DA3
£347K07/230.54 mi16, Murina Avenue, Bognor Regis, West Sussex PO21 2DA3
£375K11/200.55 mi14, Rife Way, Bognor Regis, West Sussex PO22 7BW3
£290K11/220.56 mi38, Orchard Way, Bognor Regis, West Sussex PO22 9HL3
£345K08/230.56 mi10, Orchard Way, Bognor Regis, West Sussex PO22 9HL3
£228K06/210.56 mi11, Dorset Road, Bognor Regis, West Sussex PO21 2DU3
£275K06/240.56 mi13, Dorset Road, Bognor Regis, West Sussex PO21 2DU3
£175K10/200.57 mi23, Tamarisk Close, Bognor Regis, West Sussex PO22 9JQ3

Local Rents

41 rents from £1.1K/mo to £2.2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30005/240.25 mi-3
£1,35003/250.25 mi-3
£1,30007/240.42 miThe Paddock, South Bersted, PO223
£2,12506/240.49 miCarlingford Court, Bognor Regis, PO213
£2,00003/250.53 mi-3
£1,35006/240.56 miBronze Close, Bognor Regis, PO223
£1,30006/240.57 miDorset Road, Bognor Regis3
£1,45007/240.63 miEssex Road, Bognor Regis, PO213
£1,49512/240.63 mi-3
£1,40012/240.64 mi-3
£1,40012/240.64 mi-3
£1,20003/250.64 mi-3
£1,35007/240.64 miGlamis Street, Bognor Regis, PO213
£1,25001/250.66 mi-3
£1,40007/240.66 miUpper Bognor Road, Bognor Regis, West Sussex, PO213
£1,45006/240.68 miDurlston Drive, BOGNOR REGIS3
£1,75006/240.69 miSpencer Street, BOGNOR REGIS3
£2,16712/240.7 mi-3
£1,40006/240.7 miFelpham Road, Bognor Regis, West Sussex, PO223
£1,60007/240.74 mi-3
£1,60007/240.74 miVicarage Lane, Bognor Regis, PO223
£1,06009/240.75 mi-3
£1,45007/240.75 miPoulner Close, Felpham3
£1,30007/240.78 miCoastguard Cottages, Old Coastguards, Bognor Regis, PO223
£1,45009/240.83 miGlynde Crescent, Felpham3
£1,30007/240.84 miCanning Court, Felpham3
£1,82507/240.85 miThe Grove, Felpham3
£1,30006/240.88 miGainsboro Road, Bognor Regis3
£1,60007/240.98 miMarshall Avenue, Bognor Regis, PO213
£1,35006/241 mi-3
£1,60009/241.01 miOuterwyke Road, Bognor Regis3
£1,30002/251.01 mi-3
£1,40006/241.01 miHaywards Close, Bognor Regis, PO223
£1,55007/241.04 miBay Bridge Crescent, St Marys Close, PO223
£1,25007/241.08 miWrenfield Place, Scott Close, Bognor Regis, PO213
£1,49507/241.17 miNorth Bersted3
£1,45007/241.18 miBlackberry Copse, Felpham3
£1,20006/241.18 miKyoto Court, Bognor Regis, West Sussex, PO213
£1,25006/241.2 miKyoto Court, Nyewood Lane, Bognor Regis, PO213
£1,49506/241.22 miLethaby Road3
£1,45006/241.23 miShelley Road, PO213

Local Area Statistics

Population in PO22

28,866

Population in Bognor Regis

68,380

Town centre distance

0.54 miles away

Nearest school

0.30 miles away

Nearest train station

0.70 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-14%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £260,000

May 28, 2024

Sold for £92,000

2002

Sold for £63,500

2000

Floor Plans

Description

  • No Forward Chain +
  • Ideal Buy to Let or First Time Purchase +
  • Mid Terraced House +
  • Brand New Fitted Kitchen +
  • Spacious Lounge +
  • Three Bedrooms +
  • Fitted Bathroom +
  • UPVC Double Glazing and Gas Fired Central Heating +
  • Secluded Rear Garden +
  • Plenty of Street Parking +

No Forward Chain Ideal Buy to Let with an estimated rent return £1,400 or First Time Purchase! Whitlock’s Estate Agents are delighted to bring to the market this immaculately presented three bed terraced House, located in a sought after area close to a variety of amenities. The property is arranged over two floors, on the ground floor there is a brand new fitted Kitchen / Dining room which has double doors providing direct access onto the rear Garden, there is also a bright and spacious Lounge. On the first floor there are three generous Bedrooms as well as a fitted Bathroom. Further benefits include UPVC Double Glazing and Gas Fired Central Heating throughout. Outside to the rear the Garden is secluded and is mainly laid to lawn, to the front there is plenty of off street parking that works on a first come first serve basis. Viewing is a must!

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 💪