2 Bed Semi-Detached House, Single Let, Polegate, BN26 6BQ, £200,000

Brook Street, Polegate, BN26 6BQ - 1 views - 9 months ago

Sold STC
BTL
ROI: 6%
~67 m²
+8 photos

ValuationUndervalued

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

 

 

Square Metres

~67.40 m²
Price/m²£3K/m²

Value Estimate

£246,000
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Total Cash In

£61,200

 

 

Cash Out

 

Rent Range

£975 - £1,530

Rent Estimate

£1,163

Running Costs/mo

£878

Cashflow/mo

£285

Cashflow/yr

£3,425

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £200K to £425K, average is £300K. £2.8K/m² to £8.5K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£240K06/210.1 mi41, Brook Street, Polegate, East Sussex BN26 6BH2
£325K04/230.1 mi3, Gosford Way, Polegate, East Sussex BN26 6DS2
£325K03/210.1 mi7, Gosford Way, Polegate, East Sussex BN26 6DS2
£330K05/210.1 mi2, Gosford Way, Polegate, East Sussex BN26 6DS2
£253K06/230.12 mi26, Station Road, Polegate, East Sussex BN26 6BE2
£287.5K12/220.13 mi20, Station Road, Polegate, East Sussex BN26 6BE2
£265K11/200.16 mi34, Albert Road, Polegate, East Sussex BN26 6BS2
£300K11/220.16 mi30, Albert Road, Polegate, East Sussex BN26 6BS2
£310K03/210.17 mi21, Walnut Walk, Polegate, East Sussex BN26 5AJ2
£425K05/230.17 mi13, Old Drive, Polegate, East Sussex BN26 5ET2
£369K04/240.17 mi24, Old Drive, Polegate, East Sussex BN26 5ET2
£360K10/230.17 mi34, Old Drive, Polegate, East Sussex BN26 5ET2
£285K02/240.17 mi31, Station Road, Polegate, East Sussex BN26 6AY2
£242.5K02/210.17 mi25, Gosford Way, Polegate, East Sussex BN26 6DR2
£280K06/220.17 mi56, Victoria Road, Polegate, East Sussex BN26 6DA2
£262K03/230.17 mi50, Victoria Road, Polegate, East Sussex BN26 6DA2
£240K07/210.18 mi4, Diplock Close, Polegate, East Sussex BN26 6DN2
£347K02/210.19 mi21, Church Road, Polegate, East Sussex BN26 5BU2
£340K10/220.19 mi50, Gosford Way, Polegate, East Sussex BN26 6DP2
£299K12/220.19 mi7, Diplock Close, Polegate, East Sussex BN26 6DN2
£325K06/210.22 mi16, Westfield Close, Polegate, East Sussex BN26 6EJ2
£300K11/220.22 mi26, Chestnut Drive, Polegate, East Sussex BN26 5AN2
£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
£265K02/210.22 mi10, Victoria Close, Polegate, East Sussex BN26 6BZ2
£255K11/230.24 mi63, Station Road, Polegate, East Sussex BN26 6EA2
£205K08/240.24 mi9, New Road, Polegate, East Sussex BN26 6ER2
£260K03/240.24 mi4, Victoria Close, Polegate, East Sussex BN26 6BZ2
£305K06/240.24 mi11, Victoria Close, Polegate, East Sussex BN26 6BZ2
£255K05/210.24 mi10, Westfield Close, Polegate, East Sussex BN26 6EJ2
£330K08/240.24 mi27, Westfield Close, Polegate, East Sussex BN26 6EJ2
£335K01/230.25 mi48, Westfield Close, Polegate, East Sussex BN26 6EJ2
£315K02/230.25 mi102, Eastbourne Road, Polegate, East Sussex BN26 5DF2
£302K12/210.26 mi4, West Close, Polegate, East Sussex BN26 6EG2
£280K01/210.26 mi5, West Close, Polegate, East Sussex BN26 6EG2
£320K02/230.27 mi5, West Close, Polegate, East Sussex BN26 6EG2
£325K10/230.27 mi57, Brookside Avenue, Polegate, East Sussex BN26 6DH2
£280K11/200.27 mi69, Brookside Avenue, Polegate, East Sussex BN26 6DH2
£290K10/200.27 mi61, Brookside Avenue, Polegate, East Sussex BN26 6DH2
£270.5K10/210.27 mi36, Westfield Close, Polegate, East Sussex BN26 6EJ2
£310K11/230.27 mi11, Windsor Way, Polegate, East Sussex BN26 6QD2
£290K07/230.28 mi40, Windmill Road, Polegate, East Sussex BN26 5BG2
£305K06/240.28 mi9, Windmill Road, Polegate, East Sussex BN26 5BG2
£262.5K04/210.29 mi26, Oakleaf Drive, Polegate, East Sussex BN26 6PY2
£322.5K08/230.29 mi53, Windmill Road, Polegate, East Sussex BN26 5BQ2
£311K05/230.29 mi63, Windmill Road, Polegate, East Sussex BN26 5BQ2
£200K02/210.3 mi24, Western Avenue, Polegate, East Sussex BN26 6EP2
£330K04/210.3 mi8a, West Close, Polegate, East Sussex BN26 6EW2
£285K09/210.31 mi22, Junction Street, Polegate, East Sussex BN26 6ET2
£230K12/200.31 mi81, Greenleaf Gardens, Polegate, East Sussex BN26 6PH2

Local Rents

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

RentDateDistanceAddressBeds 
£1,30012/240.12 mi-2
£1,35003/250.15 mi-2
£1,20009/240.17 mi-2
£1,20012/240.22 miVictoria Road, Polegate2
£1,39512/240.24 miWestfield Close, Polegate, East Sussex2
£1,20009/240.26 mi-2
£1,10012/240.3 miPorters Way, Polegate2
£1,20003/250.31 mi-2
£97501/250.32 mi-2
£1,30003/250.35 mi-2
£1,25012/240.36 mi-2
£1,30012/240.39 miEastern Avenue, Polegate2
£1,53012/240.55 mi-2
£1,20012/240.59 miFarmlands Close, Polegate, East Sussex, BN262

Local Area Statistics

Population in BN26

11,451

Town centre distance

0.22 miles away

Nearest school

0.30 miles away

Nearest train station

0.10 miles away

 

 

Rental growth (12m)

+38%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £200,000

July 20, 2024

Floor Plans

Description

  • 2 BEDROOMS +
  • SOUTH FACING GARDEN +
  • GAS CENTRAL HEATING +
  • SHOPS 2 MINUTE WALK +
  • DOUBLE GLAZED +
  • STATION 2 MINUTE WALK +
  • KITCHEN DINER +
  • LOCAL AMENITIES CLOSE BY +
  • CELLAR +
  • GREAT LOCATION +

Home + Castle are pleased to advertise this 2 bedroom semi-detached house just a 2 minute walk to the shops and station on Polegate High Street. Arranged over 4 levels with large kitchen diner on the lower ground floor, living room and bathroom on the split level ground floor, main bedroom on 1st floor and 2nd bedroom at the top. South facing rear garden.

Located just off Polegate High Street so within a 2 minute walk of local shops, station, bus services and local amenities.

Dimensions - Dimensions supplied are approximate and to be used for guidance purposes only. They do not form part of any contract. Kitchen appliances shown on the floor plan are purely for illustration purposes and only included if integrated, built-in or specifically stated. No systems or appliances have been tested.

Entrance - Double glazed front door to

Inner Hall - Inner hall for coats and shoes. Wood effect laminate. Door to

Living Room - 3.99m x 3.33m (13'1" x 10'11") - Feature fireplace (not used by current owner), wall lights x 3, radiator, power points, pendant light, wood effect laminate and double glazed window to front of property.

Stairs Down To Lower Floor - Tiled section of floor at bottom of stairs with radiator, light and door to kitchen diner.

Open Plan Kitchen Diner -

Dining Area - 2.82m x 2.18m (9'3" x 7'2") - Tiled floor, radiator, light fitting, storage cupboards x 2 with one leading to under floor "restricted height" cellar storage area.

Kitchen Area - 3.76m x 2.87m (12'4" x 9'5") - Range of base and wall cupboards plus drawers and worktops. Built-in gas hob and electric over with extractor hood above. Spaces for under-counter fridge and freezer. Plumbing for washing machine. Power points and fluorescent tube light. Tiled floor, part-tiled walls. Double glazed window and door to rear south facing garden.

Stairs From Ground Floor To Mid Floor - Carpet.

Bathroom - 2.72m x 2.51m (8'11" x 8'3") - Tiled floor. Opaque double glazed window to rear of property. Bath with screen and shower riser kit. plus wall mirror. WC and basin with wall mirror. Medicine cabinet. Ceiling light. Cupboard housing Glow Worm Gas Combi Boiler.

Stairs To 1st Floor -

Bedroom 1 - 3.89m x 3.33m (12'9" x 10'11") - Double glazed window to front of property. Power points, pendant light, radiator and carpet.

Stairs To 2nd Floor - Carpet.

Bedroom 2 - 3.35m x 2.69m max (11' x 8'10" max) - Double glazed window overlooking rear garden. Radiator, power points, pendant light, carpet and hatch to loft.

Rear Garden - 7.14m x 3.48m (23'5" x 11'5") - South Facing enclosed rear garden laid to lawn.

Additional Inforation - Energy Performance Rating - D

Council Tax Band - B

Agent Details

Home & Castle, Polegate

01323 409725

Next Steps?

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