2 Bed Bungalow, Single Let, Polegate, BN26 6AN, £250,000

Polegate, East Sussex, BN26 6AN - 1 views - 9 months ago

Sold STC
BTL
ROI: 2%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£200K - £425K
Sold Prices/m²£2.8K/m² - £8.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£310,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£975 - £1,530

Rent Estimate

£1,150

Running Costs/mo

£1,031

Cashflow/mo

£119

Cashflow/yr

£1,425

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £200K to £425K, average is £300K. £2.8K/m² to £8.5K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£253K06/230.08 mi26, Station Road, Polegate, East Sussex BN26 6BE2
£287.5K12/220.09 mi20, Station Road, Polegate, East Sussex BN26 6BE2
£285K02/240.11 mi31, Station Road, Polegate, East Sussex BN26 6AY2
£310K03/210.15 mi21, Walnut Walk, Polegate, East Sussex BN26 5AJ2
£240K06/210.16 mi41, Brook Street, Polegate, East Sussex BN26 6BH2
£325K06/210.16 mi16, Westfield Close, Polegate, East Sussex BN26 6EJ2
£325K04/230.17 mi3, Gosford Way, Polegate, East Sussex BN26 6DS2
£325K03/210.17 mi7, Gosford Way, Polegate, East Sussex BN26 6DS2
£330K05/210.17 mi2, Gosford Way, Polegate, East Sussex BN26 6DS2
£255K11/230.17 mi63, Station Road, Polegate, East Sussex BN26 6EA2
£205K08/240.17 mi9, New Road, Polegate, East Sussex BN26 6ER2
£300K11/220.18 mi26, Chestnut Drive, Polegate, East Sussex BN26 5AN2
£335K01/230.19 mi48, Westfield Close, Polegate, East Sussex BN26 6EJ2
£265K11/200.19 mi34, Albert Road, Polegate, East Sussex BN26 6BS2
£300K11/220.19 mi30, Albert Road, Polegate, East Sussex BN26 6BS2
£255K05/210.19 mi10, Westfield Close, Polegate, East Sussex BN26 6EJ2
£330K08/240.19 mi27, Westfield Close, Polegate, East Sussex BN26 6EJ2
£302K12/210.2 mi4, West Close, Polegate, East Sussex BN26 6EG2
£280K01/210.2 mi5, West Close, Polegate, East Sussex BN26 6EG2
£320K02/230.21 mi5, West Close, Polegate, East Sussex BN26 6EG2
£347K02/210.21 mi21, Church Road, Polegate, East Sussex BN26 5BU2
£270.5K10/210.21 mi36, Westfield Close, Polegate, East Sussex BN26 6EJ2
£280K06/220.22 mi56, Victoria Road, Polegate, East Sussex BN26 6DA2
£262K03/230.22 mi50, Victoria Road, Polegate, East Sussex BN26 6DA2
£322.5K05/210.22 mi26, St Johns Road, Polegate, East Sussex BN26 5BT2
£382K08/230.22 mi30, St Johns Road, Polegate, East Sussex BN26 5BT2
£200K02/210.23 mi24, Western Avenue, Polegate, East Sussex BN26 6EP2
£425K05/230.23 mi13, Old Drive, Polegate, East Sussex BN26 5ET2
£369K04/240.23 mi24, Old Drive, Polegate, East Sussex BN26 5ET2
£360K10/230.23 mi34, Old Drive, Polegate, East Sussex BN26 5ET2
£240K07/210.23 mi4, Diplock Close, Polegate, East Sussex BN26 6DN2
£242.5K02/210.24 mi25, Gosford Way, Polegate, East Sussex BN26 6DR2
£330K04/210.24 mi8a, West Close, Polegate, East Sussex BN26 6EW2
£285K09/210.24 mi22, Junction Street, Polegate, East Sussex BN26 6ET2
£299K12/220.25 mi7, Diplock Close, Polegate, East Sussex BN26 6DN2
£322.5K08/230.25 mi53, Windmill Road, Polegate, East Sussex BN26 5BQ2
£311K05/230.25 mi63, Windmill Road, Polegate, East Sussex BN26 5BQ2
£340K10/220.25 mi50, Gosford Way, Polegate, East Sussex BN26 6DP2
£290K07/230.26 mi40, Windmill Road, Polegate, East Sussex BN26 5BG2
£305K06/240.26 mi9, Windmill Road, Polegate, East Sussex BN26 5BG2
£265K01/230.26 mi8, Southern Avenue, Polegate, East Sussex BN26 6EZ2
£304K05/210.26 mi14, Southern Avenue, Polegate, East Sussex BN26 6EZ2
£310K02/230.26 mi30, Central Avenue, Polegate, East Sussex BN26 6HA2
£270K04/240.27 mi33, Central Avenue, Polegate, East Sussex BN26 6HA2
£210K10/200.27 mi9, Central Avenue, Polegate, East Sussex BN26 6HA2
£265K02/210.27 mi10, Victoria Close, Polegate, East Sussex BN26 6BZ2
£315K02/230.27 mi102, Eastbourne Road, Polegate, East Sussex BN26 5DF2
£310K11/230.27 mi11, Windsor Way, Polegate, East Sussex BN26 6QD2
£242K03/210.28 mi48, Western Avenue, Polegate, East Sussex BN26 6EN2
£262.5K04/210.28 mi26, Oakleaf Drive, Polegate, East Sussex BN26 6PY2

Local Rents

14 rents from £975/mo to £1.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,30012/240.09 mi-2
£1,20009/240.16 mi-2
£1,39512/240.18 miWestfield Close, Polegate, East Sussex2
£1,35003/250.21 mi-2
£1,10012/240.24 miPorters Way, Polegate2
£1,20012/240.26 miVictoria Road, Polegate2
£1,20003/250.27 mi-2
£1,30003/250.29 mi-2
£1,20009/240.29 mi-2
£1,25012/240.3 mi-2
£1,30012/240.32 miEastern Avenue, Polegate2
£97501/250.33 mi-2
£1,53012/240.58 mi-2
£1,20012/240.61 miFarmlands Close, Polegate, East Sussex, BN262

Local Area Statistics

Population in BN26

11,451

Town centre distance

0.16 miles away

Nearest school

0.20 miles away

Nearest train station

0.06 miles away

 

 

Rental growth (12m)

+38%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £250,000

December 24, 2024

Listed for £280,000

July 11, 2024

Floor Plans

Description

  • TWO BEDROOM SEMI DETACHED BUNGALOW +
  • HEART OF POLEGATE +
  • LOUNGE AND CONSERVATORY +
  • BATHROOM AND SEPARATE W.C +
  • GARDENS TO FRONT AND REAR +
  • GARAGE EN-BLOC +
  • WALKING DISTANCE TO POLEGATE HIGH STREET +
  • OFFERED TO THE MARKET CHAIN FREE +
  • AN INTERNAL VIEWING IS HIGHLY RECOMMENDED +

CHAIN FREE & GREAT VALUE! GUIDE PRICE £250,000 to £265,000. OFFERS INVITED: Two bedroom semi detached bungalow. Situated in the heart of Polegate with great access to Polegate High Street, Mainline Railway Station & local shops.

Accommodation comprising entrance hall, lounge, conservatory, kitchen, two bedrooms, bathroom and separate w.c. The property also benefits from double glazed windows, gas central heating system, gardens to front and rear and garage en-bloc. An internal viewing is highly recommended, offered to the market CHAIN FREE.

ACCOMMODATION

ENTRANCE HALL
Loft hatch, radiator.

LOUNGE
4.57m(15ft) x 3.19m(10ft5). Double glazed sliding doors to rear opening to conservatory, built in storage, radiator.

CONSERVATORY
3.02m(9ft11) x 1.97m(6ft5). Double glazed conservatory with double glazed sliding door to rear opening to garden.

KITCHEN
3.21m(10ft6) x 2.61m(8ft7). Double glazed window to rear, double glazed door to side, range of eye level and base units, stainless steel sink with mixer tap and drainer, space for appliances, tiled walls, built in storage cupboard.

BEDROOM ONE
3.62m(11ft10) x 3.33m(10ft11). Double glazed window to front, built in wardrobes, built in storage cupboard, radiator.

BEDROOM TWO
2.98m(9ft9) x 2.71m(8ft11). Double glazed window to front, built in wardrobes, radiator.

BATHROOM
Obscure double glazed window to side, pedestal wash basin with mixer tap, panelled bath with mixer tap, tiled walls, airing cupboard, radiator.

SEPARATE W.C
Obscure double glazed window to side, white low level w.c, wash basin with mixer tap, tiled walls.

FRONT GARDEN
Mainly laid to lawn, flowers and shrubs.

REAR GARDEN
Lawned area, patio area, shed, flowers, trees and shrubs, side access.

GARAGE EN-BLOC
Up and over door.

EPC - tbc

COUNCIL TAX BAND - B

Agent Details

Move Sussex, Eastbourne

01323 401851

Next Steps?

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