2 Bed Flat, Single Let, Polegate, BN26 6BS, £155,000
Albert Road, Polegate, East Sussex, BN26 6BS - 1 views - 9 months ago
Leasehold
BTL
ROI: 1%
~68 m²





+1 photos
ValuationUndervalued
Sold Prices | £149.9K - £295K |
Sold Prices/m² | £2.5K/m² - £3.8K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.3K/m² |
Value Estimate | £189,100 |
BMV | 22% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £38,750 |
Stamp Duty & Legal Fees | £5,850 |
Total Cash In | £44,600 |
| |
Cash Out | |
Rent Range | £975 - £1,395 |
Rent Estimate | £689 |
Running Costs/mo | £642 |
Cashflow/mo | £47 |
Cashflow/yr | £562 |
ROI | 1% |
Gross Yield | 5% |
Local Sold Prices
22 sold prices from £149.9K to £295K, average is £184.9K. £2.5K/m² to £3.8K/m², average is £2.9K/m².
Local Rents
12 rents from £975/mo to £1.4K/mo, average is £1.2K/mo.
Local Area Statistics
Population in BN26 | 11,451 |
Town centre distance | 0.30 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.24 miles away |
| |
Rental growth (12m) | +38% |
Sales demand | Balanced market |
Capital growth (5yrs) | +19% |
Property History
Listed for £155,000
August 1, 2024
Floor Plans

Description
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