2 Bed Flat, Single Let, Bognor Regis, PO22 9HN, £170,000

Markfield, North Bersted, Bognor Regis, PO22 9HN - 8 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~72 m²
+10 photos

ValuationUndervalued

Sold Prices£97.5K - £358K
Sold Prices/m²£1.8K/m² - £3.6K/m²

 

 

Square Metres

~71.60 m²
Price/m²£2.4K/m²

Value Estimate

£211,335
BMV24%

Cashflows











Local Sold Prices

28 sold prices from £97.5K to £358K, average is £181K. £1.8K/m² to £3.6K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£185K12/220 mi71, Markfield, Bognor Regis, West Sussex PO22 9HN2
£165K04/210 mi93, Markfield, Bognor Regis, West Sussex PO22 9HN2
£215K03/230 mi50, Markfield, Bognor Regis, West Sussex PO22 9HN2
£358K10/210.29 mi47, Hazel Road, Bognor Regis, West Sussex PO22 9ED2
£127K10/200.35 mi46, Berghestede Road, Bognor Regis, West Sussex PO22 9QL2
£184.9K09/220.36 mi66, Berghestede Road, Bognor Regis, West Sussex PO22 9QL2
£198K12/220.4 mi3a, Oak Close, Bognor Regis, West Sussex PO22 9JW2
£195K05/230.4 miFlat 9, Witham Court, Westloats Lane, Bognor Regis, West Sussex PO21 5AB2
£180K09/230.41 mi8, Carousel Court, Bognor Regis, West Sussex PO22 9NB2
£147K10/200.41 mi25, Carousel Court, Bognor Regis, West Sussex PO22 9NB2
£100K09/220.48 mi48, Maple Gardens, Bognor Regis, West Sussex PO22 9LB2
£202K11/200.5 mi8, New Barn Lane, North Bersted, Bognor Regis, West Sussex PO21 5DB2
£182K06/210.52 mi29, Braemar Way, Bognor Regis, West Sussex PO21 5DP2
£190K11/200.52 mi26, Braemar Way, Bognor Regis, West Sussex PO21 5DP2
£97.5K10/200.53 miFlat 2, Orchard Court, Orchard Way, Bognor Regis, West Sussex PO22 9LP2
£162K09/230.79 mi6a, Waverley Road, Bognor Regis, West Sussex PO21 5NB2
£115K11/200.81 mi11, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£129K03/210.82 mi11, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£160K11/200.82 mi12, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£200K07/230.82 mi31, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£180K12/230.82 mi3, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£243.5K02/230.89 miGround Floor Flat, 59, Annandale Avenue, Bognor Regis, West Sussex PO21 2ET2
£192K12/200.91 mi2, Parklands Avenue, Bognor Regis, West Sussex PO21 2BA2
£220K07/210.91 mi45, Annandale Avenue, Bognor Regis, West Sussex PO21 2ES2
£165K03/210.92 mi8, Highfield Gardens, Bognor Regis, West Sussex PO22 8PA2
£175K02/230.92 mi13, Highfield Gardens, Bognor Regis, West Sussex PO22 8PA2
£152.5K10/220.92 mi21, Highfield Gardens, Bognor Regis, West Sussex PO22 8PA2
£190K07/240.97 miThe Hawthorns, Flat 15, Linden Road, Bognor Regis, West Sussex PO21 2AS2













Local Area Statistics

Population in PO22

28,866

Population in Bognor Regis

68,380

Town centre distance

0.98 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 £170,000

July 5, 2024

Sold for £48,500

1998

Floor Plans

Description

  • Purpose Built First Floor Flat +
  • Two Double Bedrooms +
  • Popular Cul De Sac +
  • North Bersted Area +
  • Private Front Door +
  • 15Ft 6 Lounge +
  • Garage In Block +
  • Remainder Of 999 Year Lease +
  • No Onward Chain +

The Property
A 2 double bedroom purpose built first floor flat situated in this popular residential cul de sac n North Bersted.

The property is well laid out and offers a private front door, 15ft 6 lounge, kitchen, 2 double bedrooms and a bathroom.

Externally there is a garage in nearby block.

No onward chain.

Lease Information
Lease 999 years from 1978 - 953 remaining

Ground Rent £40pa

Maintenance - TBC

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 27/09/2977

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Agent Details

Purplebricks, covering Portsmouth

020 3834 8083

Next Steps?

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