4 Bed Semi-Detached House, Single Let, Bognor Regis, PO21 2YE, £390,000

10 RICHMOND AVENUE, ALDWICK, WEST SUSSEX, PO21 2YE - 9 months ago

Sold STC
BTL
~129 m²
+11 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£97,500

Stamp Duty & Legal Fees

£20,700

Total Cash In

£118,200

 

 

Cash Out

 

Rent Range

£875 - £3,000

Rent Estimate

£1,250

Running Costs/mo

£1,489

Cashflow/mo

£-239

Cashflow/yr

£-2,865

Gross Yield

4%













Local Rents

24 rents from £875/mo to £3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,45006/240.03 miShelley Road, PO213
£3,00002/250.05 mi-4
£3,00002/250.21 mi-4
£1,25006/240.24 miPark Road, Bognor Regis, PO213
£1,20006/240.24 miKyoto Court, Bognor Regis, West Sussex, PO213
£1,25006/240.25 miKyoto Court, Nyewood Lane, Bognor Regis, PO213
£2,52502/250.25 mi-3
£1,25007/240.33 miWrenfield Place, Scott Close, Bognor Regis, PO213
£1,99506/240.36 miDevonshire Road, Bognor Regis4
£1,65006/240.36 miCavendish Road, Bognor Regis4
£1,70006/240.39 miHawthorn Road, Bognor Regis, PO214
£1,70012/240.39 mi-4
£1,60007/240.39 miMarshall Avenue, Bognor Regis, PO213
£1,30007/240.4 miGilwynes, Aldwick3
£1,30002/250.41 mi-3
£1,30006/240.41 miGainsboro Road, Bognor Regis3
£1,40007/240.41 miWest Street, PO214
£1,45006/240.42 miWest Street Bognor Regis West Sussex4
£2,22007/240.42 miSouthover Road, Bognor Regis, PO214
£2,30007/240.43 miThe Steyne, Bognor Regis, West Sussex5
£1,35006/240.46 mi-3
£2,25007/240.49 miOckley Road, BOGNOR REGIS4
£1,06009/240.58 mi-3
£87509/240.59 mi-9

Local Area Statistics

Population in PO21

39,509

Population in Bognor Regis

68,380

Town centre distance

0.72 miles away

Nearest school

0.50 miles away

Nearest train station

0.59 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £390,000

December 4, 2024

Listed for £400,000

June 6, 2024

Sold for £340,000

2017

Sold for £250,000

2011

Sold for £72,950

1996

Floor Plans

Description

  • Semi-Detached House +
  • Four Bedrooms +
  • Two Reception Rooms +
  • Large Open Plan Kitchen/Diner +
  • Utility Room +
  • Downstairs Cloakroom +
  • Off Road Parking +
  • Private Garden +
  • Period Features +

SEMI-DETACHED HOUSE located on an ESTABLISHED ROAD within ALDWICK! The property boasts TWO RECEPTION ROOMS as well as an OPEN PLAN KITCHEN/DINER and OFF-ROAD PARKING!

Richmond Avenue is an established road located within close proximity to the Aldwick shopping parade as well as Aldwick seafront. The cathedral city of Chichester is under 6 miles away, with its comprehensive shopping, popular café, restaurants and bars.

The property boasts a host of original features as well as high ceilings and fireplaces in almost every room. Upon entering there is an attractive hallway leading to all principal rooms, to your left is the sitting room, which has a wood burning stove and feature bay window. Behind this is the second reception room, which is currently used as a children's playroom.

To the rear of the property is a superb open plan, kitchen/diner which has a central island with breakfast bar, larder cupboard and double doors leading onto the garden.

Furthermore, there is a utility room, with ample space for white goods and a downstairs cloakroom.

Ascending the stairs to the first floor, there is an attractive split level landing. To the rear are two good sized, bedrooms and the bathroom – which has a walk-in shower, separate bath and wash basin. To the front are the larger two bedrooms with the master being the full width of the property and having a cladded feature wall.

To the front of the property there is a drop curb and a gravel private driveway for one car. To the rear is a private garden which has a paved seating area and artificial grass.

Disclaimer - As the seller's agent we are not surveyors or conveyancing experts and as such we cannot and do not comment on the condition of the property or issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions.

Directions - From Marine Park Gardens head north along Nyewood Lane, continuing over the crossroads. Once over the crossroads take the second left into Richmond Avenue where the house can be found approximately 150 yards on your right.

Agent Details

Sims Williams, Bognor Regis

01243 215658

Next Steps?

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