4 Bed Terraced House, Single Let, Bognor Regis, PO22 9LA, £260,000

3 Larch Close, Bognor Regis, West Sussex, PO22 9LA - 8 months ago

Sold STC
BTL
ROI: 3%
97 m²
+9 photos

ValuationUndervalued

Sold Prices£202.5K - £725K
Sold Prices/m²£2.1K/m² - £4.3K/m²

 

 

Square Metres

96.52 m²
Price/m²£2.7K/m²

Value Estimate

£281,250
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£10,300

Total Cash In

£75,300

 

 

Cash Out

 

Rent Range

£1,300 - £4,600

Rent Estimate

£1,300

Running Costs/mo

£1,093

Cashflow/mo

£208

Cashflow/yr

£2,490

ROI

3%

Gross Yield

6%

Local Sold Prices

38 sold prices from £202.5K to £725K, average is £365K. £2.1K/m² to £4.3K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£235K09/230.09 mi3, Tamarisk Close, Bognor Regis, West Sussex PO22 9JQ4
£267.5K11/230.09 mi19, Tamarisk Close, Bognor Regis, West Sussex PO22 9JQ4
£205.3K10/200.12 mi27, Holly Court, Bognor Regis, West Sussex PO22 9JG4
£202.5K05/210.12 mi23, Holly Court, Bognor Regis, West Sussex PO22 9JG4
£380.9K06/230.37 mi10, Hawks Place, Bognor Regis, West Sussex PO22 9LZ4
£365K02/210.38 mi12, Bramley Gardens, Bognor Regis, West Sussex PO22 9SP4
£295K02/210.47 mi1, Orchard Way, Bognor Regis, West Sussex PO22 9HJ4
£280K02/210.47 mi32, Orchard Way, Bognor Regis, West Sussex PO22 9HL4
£455K04/210.49 mi9, Church Lane, South Bersted, Bognor Regis, West Sussex PO22 9PT4
£300K07/230.5 mi3, Sandymount Avenue, Bognor Regis, West Sussex PO22 9ET4
£395K06/230.54 mi16, Clydesdale Gardens, Bognor Regis, West Sussex PO22 9BE4
£455K12/200.54 mi118, Chichester Road, Bognor Regis, West Sussex PO21 5AA4
£393K06/210.59 mi58, Chichester Road, Bognor Regis, West Sussex PO21 2XL4
£550K11/220.6 miLeith, Bersted Street, Bognor Regis, West Sussex PO22 9PR4
£350K12/230.64 mi243, Chichester Road, Bognor Regis, West Sussex PO21 5AQ4
£557K02/230.66 miScrippans House, 2, Old Moat Close, Bognor Regis, West Sussex PO22 9UP4
£495K10/230.68 mi55, North Bersted Street, Bognor Regis, West Sussex PO22 9AA4
£500K02/210.69 miCoiners Cottage, Shripney Lane, Bognor Regis, West Sussex PO22 9NR4
£650K02/210.69 miOaklands, Shripney Lane, Bognor Regis, West Sussex PO22 9NR4
£505K07/230.72 mi49, Hillsboro Road, Bognor Regis, West Sussex PO21 2DY4
£330K08/230.73 mi11, Chichester Road, Bognor Regis, West Sussex PO21 2XG4
£503K01/230.74 mi81, Annandale Avenue, Bognor Regis, West Sussex PO21 2ET4
£365K07/230.76 mi7, Westway, Bognor Regis, West Sussex PO22 8DA4
£360K06/230.77 mi22, Highfield Road, Bognor Regis, West Sussex PO22 8BG4
£440K11/200.84 mi30, Ruskin Avenue, Bognor Regis, West Sussex PO21 5BW4
£360K06/210.84 mi24, Chalcraft Lane, Bognor Regis, West Sussex PO21 5TX4
£335K01/210.86 mi29, Norbren Avenue, Bognor Regis, West Sussex PO21 5HE4
£425K01/230.89 mi51, Hook Lane, Bognor Regis, West Sussex PO22 8AR4
£422.5K01/210.9 mi22, Mead Lane, Bognor Regis, West Sussex PO22 8AP4
£323.5K06/210.9 mi77, Gravits Lane, Bognor Regis, West Sussex PO21 5LN4
£317K01/210.93 mi43, Elbridge Avenue, Bognor Regis, West Sussex PO21 5AD4
£292K04/210.93 mi67, Elbridge Avenue, Bognor Regis, West Sussex PO21 5AD4
£317.5K11/200.93 mi12, Elbridge Avenue, Bognor Regis, West Sussex PO21 5AD4
£260K03/210.94 mi7, Beatty Road, Bognor Regis, West Sussex PO21 2HD4
£365K04/210.96 mi433a, Chichester Road, Bognor Regis, West Sussex PO21 5DS4
£435K12/200.96 mi7, Pennicott Road, Bognor Regis, West Sussex PO21 5AY4
£280K02/210.97 mi142, London Road, Bognor Regis, West Sussex PO21 1BD4
£725K06/231 mi69, Victoria Drive, Bognor Regis, West Sussex PO21 2TD4

Local Rents

10 rents from £1.3K/mo to £4.6K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,35006/240.08 miBronze Close, Bognor Regis, PO223
£1,45007/240.17 miOak Close, Bognor Regis, PO224
£1,45006/240.39 miDurlston Drive, BOGNOR REGIS3
£1,30005/240.46 mi-3
£1,35003/250.46 mi-3
£2,60007/240.46 miBluecroft (Student House), Bognor Regis, PO224
£2,60007/240.46 mi-4
£1,30007/240.48 miThe Paddock, South Bersted, PO223
£1,60007/240.54 miBognor4
£4,60007/240.55 miSomerset Gardens, BOGNOR REGIS7

Local Area Statistics

Population in PO22

28,866

Population in Bognor Regis

68,380

Town centre distance

0.87 miles away

Nearest school

0.30 miles away

Nearest train station

1.03 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £260,000

December 4, 2024

Listed for £270,000

July 5, 2024

Sold for £140,000

2010

Sold for £67,500

2000

Sold for £50,500

1997

Floor Plans

Description

  • Four Bedroom Mid-Terraced House +
  • Kitchen/Dining Room +
  • Separate Living Room +
  • Family Bathroom +
  • Downstairs Cloakroom +
  • Enclosed Rear Garden +

Four bedroom mid terraced house, situated in this convenient location, close to local schools, shops and amenities. The accommodation briefly comprises to the ground floor, porch, entrance hall, cloakroom, open plan kitchen/dining room and living room. To the first floor there are two double bedrooms, two single bedrooms and a family bathroom. The property further benefits from an enclosed rear garden. An internal viewing is essential to appreciate all the property has to offer.

Bognor Regis town centre is nearby, where a mainline railway station to London Victoria can be found. The Cathedral City of Chichester, is approximately six miles and the A27 provides easy access across the Coast to Brighton to the East and Southampton to the West

Agents Note: Upon acceptance of an offer, White & Brooks will complete an online identity check provided by Veriphy. The cost of this check to the successful purchaser is £69 including VAT per purchase which will be payable in advance to White & Brooks Ltd. This charge verifies your identity in line with our obligations as requested by HMRC and documents to prove your identity and address will be required.

Agent Details

White & Brooks, Bognor Regis

020 3879 5247

Next Steps?

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