3 Bed Flat, Single Let, Bognor Regis, PO22 7SS, £299,950





ValuationOvervalued
Sold Prices | £148K - £563K |
Sold Prices/m² | £1.8K/m² - £4.7K/m² |
| |
Square Metres | ~90.39 m² |
Price/m² | £3.3K/m² |
Value Estimate | £257,691 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £74,988 |
Stamp Duty & Legal Fees | £12,696 |
Total Cash In | £87,684 |
| |
Cash Out | |
Rent Range | £1,300 - £2,750 |
Rent Estimate | £1,413 |
Running Costs/mo | £1,240 |
Cashflow/mo | £173 |
Cashflow/yr | £2,077 |
ROI | 2% |
Gross Yield | 6% |
Local Sold Prices
16 sold prices from £148K to £563K, average is £254K. £1.8K/m² to £4.7K/m², average is £2.8K/m².
Local Rents
11 rents from £1.3K/mo to £2.8K/mo, average is £1.6K/mo.
Local Area Statistics
Population in PO22 | 28,866 |
Population in Bognor Regis | 68,380 |
Town centre distance | 2.43 miles away |
Nearest school | 0.60 miles away |
Nearest train station | 2.52 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +3% |
Sales demand | Balanced market |
Capital growth (5yrs) | +16% |
Property History
Listed for £299,950
August 20, 2024
Sold for £225,000
2009
Sold for £250,000
2006
Sold for £205,000
2002
Sold for £165,000
2001
Floor Plans

Description
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