2 Bed Terraced House, Single Let, Bognor Regis, PO22 9LN, £350,000

Shripney Road, Bognor Regis, PO22 9LN - 7 months ago

Sold STC
BTL
~87 m²
+7 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Total Cash In

£111,200

 

 

Cash Out

 

Rent Range

£975 - £1,400

Rent Estimate

£975

Running Costs/mo

£1,309

Cashflow/mo

£-334

Cashflow/yr

£-4,008

Gross Yield

3%













Local Rents

26 rents from £975/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,29508/240.07 miShripney Road, Bognor Regis2
£1,15007/240.13 miSouthdown Court, Bersted Street, Bognor Regis, PO222
£1,10006/240.13 miBersted Street, BOGNOR REGIS2
£1,15007/240.13 miBersted Street, BOGNOR REGIS2
£1,20008/240.14 miHighfield Gardens, Bognor Regis, West Sussex, PO222
£1,15007/240.15 miBersted Street, Bognor Regis, West Sussex, PO222
£1,15006/240.21 mi-2
£1,30006/240.35 miChestnut Grove, BOGNOR REGIS2
£1,20008/240.36 miMead Lane, Bognor Regis, PO222
£1,40006/240.37 miParkside, Upper Bognor Road, Bognor Regis, PO212
£1,09506/240.38 mi-2
£1,09506/240.38 mi-2
£1,10002/250.42 mi-2
£99506/240.43 miCarlingford Court, Bognor Regis2
£1,10006/240.43 miCarlingford Court2
£1,10006/240.47 miHenry Street, Bognor Regis, PO212
£99506/240.5 miOakwood Court, Victoria Drive, Bognor Regis, PO212
£97502/250.5 mi-2
£1,05007/240.52 miEssex Road, BOGNOR REGIS2
£1,30007/240.52 miBognor Regis2
£1,15006/240.54 miEssex Road, Bognor Regis, PO212
£1,25002/250.55 mi-2
£1,05007/240.56 miLongford Road, Bognor Regis, West Sussex, PO212
£1,25011/240.6 mi-2
£97507/240.61 miLongford Road, BOGNOR REGIS2
£1,10007/240.61 miStoneage Close, Bognor Regis2

Local Area Statistics

Population in PO22

28,866

Population in Bognor Regis

68,380

Town centre distance

0.49 miles away

Nearest school

0.30 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £350,000

August 5, 2024

Floor Plans

Description

  • Beautiful Character Cottage +
  • Grade II Listed +
  • Newly Fitted Kitchen +
  • Two Double Bedrooms +
  • Spacious Lounge +
  • Courtyard Front Garden +
  • Enclosed Walled Rear Garden +
  • Log Cabin and Pergola +
  • Positioned in a Popular Residential Area Close to a Variety of Amenities +

Dating back to the 1600s, Farm Cottage is one of the earliest farmhouses in Bognor Regis, showcasing a wealth of original character features. From latched panelled doors to exposed beams and open fireplaces, this charming property is steeped in history. Upon entering, the hall welcomes you and provides access to both the dining room and the sitting room. The dining room features a charming fireplace and seamlessly opens into the country-style kitchen, which is newly fitted and is equipped with a butler sink, space for white goods, and a utility cupboard. The sitting room, on the other side of the entrance hall, boasts another feature fireplace with a log-burning stove, creating a warm and inviting atmosphere. Open plan stairs lead to the first floor, where you'll find two spacious double bedrooms. The bathroom combines traditional and modern elements, featuring a large walk in shower and a jack and jill style sinks. The exterior of the property is equally enchanting. The pretty front garden is enclosed by a wall and is laid to shingle for low maintenance and a gated side access to the rear garden. The rear garden itself features a sleeper-raised lawn, a pergola, and mature trees and shrubs, creating a tranquil outdoor space. Additionally, there is a fully insulated timber-clad cabin, providing versatile extra space. The cottage is available with no forward chain, and viewing is highly recommended to fully appreciate the unique charm and character of this historic property. With its rich history, spacious and inviting interiors, and beautifully maintained gardens.

Agent Details

Whitlocks Estate Agents, Bognor Regis

01243 262747

Next Steps?

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