2 Bed Bungalow, Single Let, Polegate, BN26 6JJ, £285,000

Aberdale Road, Polegate, BN26 6JJ - 8 months ago

BTL
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£210K - £445K
Sold Prices/m²£3K/m² - £6.6K/m²

 

 

Square Metres

~67.80 m²
Price/m²£4.2K/m²

Value Estimate

£327,151
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£11,500

Total Cash In

£82,750

 

 

Cash Out

 

Rent Range

£975 - £1,530

Rent Estimate

£1,013

Running Costs/mo

£1,113

Cashflow/mo

£-100

Cashflow/yr

£-1,203

Gross Yield

4%

Local Sold Prices

50 sold prices from £210K to £445K, average is £303K. £3K/m² to £6.6K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£247K08/230.01 mi45, Aberdale Road, Polegate, East Sussex BN26 6JJ2
£277.5K01/210.01 mi57, Aberdale Road, Polegate, East Sussex BN26 6JJ2
£267K11/230.01 mi35, Aberdale Road, Polegate, East Sussex BN26 6JJ2
£343.5K01/240.08 mi30, Glynleigh Drive, Polegate, East Sussex BN26 6LY2
£380K12/220.11 mi14, Fairoaks, Polegate, East Sussex BN26 6NG2
£274K12/200.14 mi8, Glynleigh Drive, Polegate, East Sussex BN26 6LU2
£302K02/210.14 mi14, Glynleigh Drive, Polegate, East Sussex BN26 6LU2
£363K09/230.15 mi21, Shepham Lane, Polegate, East Sussex BN26 6NA2
£312K08/230.15 mi15, Shepham Lane, Polegate, East Sussex BN26 6NA2
£313K02/210.17 mi14, Levett Close, Polegate, East Sussex BN26 6LR2
£330K06/210.18 mi13, Levett Close, Polegate, East Sussex BN26 6LR2
£295K05/230.18 mi4, Levett Close, Polegate, East Sussex BN26 6LR2
£410K11/220.19 mi3, Sandringham Lane, Polegate, East Sussex BN26 6FR2
£282K04/210.22 mi5, Rye Close, Polegate, East Sussex BN26 6LT2
£330K08/210.24 mi12, Dymchurch Close, Polegate, East Sussex BN26 6ND2
£320K11/210.24 mi41, Pevensey Road, Polegate, East Sussex BN26 6HN2
£387.5K11/230.25 mi26, Rye Close, Polegate, East Sussex BN26 6LT2
£282.5K01/210.27 mi14, Levett Avenue, Polegate, East Sussex BN26 6LL2
£325K11/230.28 mi19, Dymchurch Close, Polegate, East Sussex BN26 6ND2
£345K11/230.28 mi25, Dymchurch Close, Polegate, East Sussex BN26 6ND2
£287.5K02/210.28 mi26, Dymchurch Close, Polegate, East Sussex BN26 6ND2
£230K10/200.28 mi14, Dymchurch Close, Polegate, East Sussex BN26 6ND2
£327K01/240.28 mi9, Dymchurch Close, Polegate, East Sussex BN26 6ND2
£350K02/230.29 mi6, Dover Road, Polegate, East Sussex BN26 6LA2
£315.5K07/210.29 mi6, Dover Road, Polegate, East Sussex BN26 6LA2
£263.4K08/240.34 mi18, Dover Road, Polegate, East Sussex BN26 6LB2
£267.5K01/210.36 mi66, Dover Road, Polegate, East Sussex BN26 6LG2
£247.5K03/230.36 mi14, Heron Ridge, Polegate, East Sussex BN26 5BJ2
£360K03/230.37 mi16, Hastings Close, Polegate, East Sussex BN26 6LD2
£445K06/230.37 mi12, Nursery Close, Polegate, East Sussex BN26 6JY2
£330K06/210.38 mi79, Dover Road, Polegate, East Sussex BN26 6LG2
£265K07/240.38 mi25, Dover Road, Polegate, East Sussex BN26 6LE2
£290K05/230.39 mi91, Dover Road, Polegate, East Sussex BN26 6LG2
£315K09/230.42 mi14, East Close, Polegate, East Sussex BN26 6HE2
£353K10/220.42 mi69, Dover Road, Polegate, East Sussex BN26 6LG2
£392.5K06/230.42 mi37, Dover Road, Polegate, East Sussex BN26 6LF2
£280K02/210.42 mi37, Dover Road, Polegate, East Sussex BN26 6LF2
£270.5K10/220.44 mi7, East Close, Polegate, East Sussex BN26 6HE2
£258K07/230.45 mi12, Eastern Avenue, Polegate, East Sussex BN26 6HF2
£230K06/230.45 mi18, Eastern Avenue, Polegate, East Sussex BN26 6HF2
£285K09/220.45 mi4, Eastern Avenue, Polegate, East Sussex BN26 6HF2
£350K10/230.45 mi24, Eastern Avenue, Polegate, East Sussex BN26 6HF2
£330K07/220.46 mi2, Otteham Close, Polegate, East Sussex BN26 5AZ2
£265K01/230.47 mi8, Southern Avenue, Polegate, East Sussex BN26 6EZ2
£304K05/210.47 mi14, Southern Avenue, Polegate, East Sussex BN26 6EZ2
£310K02/230.48 mi30, Central Avenue, Polegate, East Sussex BN26 6HA2
£285K09/210.49 mi22, Junction Street, Polegate, East Sussex BN26 6ET2
£270K04/240.51 mi33, Central Avenue, Polegate, East Sussex BN26 6HA2
£210K10/200.51 mi9, Central Avenue, Polegate, East Sussex BN26 6HA2
£225K03/210.53 mi24, Northern Avenue, Polegate, East Sussex BN26 6HQ2

Local Rents

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

RentDateDistanceAddressBeds 
£1,12512/240.2 miKensington Way, Polegate, East Sussex, BN262
£1,30012/240.45 miEastern Avenue, Polegate2
£1,25012/240.45 mi-2
£1,30003/250.46 mi-2
£1,10012/240.48 miPorters Way, Polegate2
£1,20003/250.54 mi-2
£1,39512/240.63 miWestfield Close, Polegate, East Sussex2
£1,20009/240.71 mi-2
£1,30012/240.73 mi-2
£1,25003/240.82 miSeven Sisters Road, Eastbourne, East Sussex, BN222
£1,30005/240.86 miHawksbridge Close, EASTBOURNE2
£1,35003/250.93 mi-2
£1,20012/240.94 miVictoria Road, Polegate2
£1,20012/240.95 miFarmlands Close, Polegate, East Sussex, BN262
£97501/250.95 mi-2
£1,20009/240.95 mi-2
£1,53012/241.01 mi-2
£1,30012/231.01 mi-2
£1,05008/231.02 mi-2
£1,10003/241.03 miWillingdon court2
£1,19503/251.06 mi-2
£1,30003/241.14 miCatsfield Close, Eastbourne2
£1,30004/241.22 miSt. Marys Close, Eastbourne2
£1,40012/241.22 mi-2
£1,20004/241.24 miPercival Road, Eastbourne2
£1,20005/241.24 miPercival Road, Eastbourne2

Local Area Statistics

Population in BN26

11,451

Town centre distance

0.58 miles away

Nearest school

0.70 miles away

Nearest train station

0.69 miles away

 

 

Rental growth (12m)

+38%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £285,000

August 26, 2024

Sold for £52,500

1997

Floor Plans

Description

  • Beautifully modernised bungalow +
  • Two bedrooms +
  • Front and Rear gardens +
  • Cul de sac location - no through traffic +
  • Polegate Mainline station +
  • Chain Free +
  • Garage available at asking price +

SUMMARY
This end of terrace bungalow is perfect for those looking to downsize without compromising on style or comfort. Ready to move in and enjoy, this property offers an excellent opportunity to acquire a home in a sought-after area. Contact us today to arrange a viewing!

DESCRIPTION
Welcome to this charming and beautifully presented two-bedroom end of terrace bungalow, perfect for those seeking comfortable and stylish single-level living. Situated in a desirable location, this property offers a delightful blend of modern living and a practical lifestyle.
Spacious Living Areas: The bungalow boasts a generous and tastefully decorated living room, providing a cozy space for relaxation and entertainment.
- Brand New Kitchen: The modern, fully-fitted kitchen features high-quality appliances, sleek countertops, and ample storage.
- Updated Bathroom: The recently renovated bathroom is finished to a high standard with contemporary fittings, ensuring a luxurious experience.
- Two Bedrooms: Both bedrooms are modern and freshly decorated, with large windows allowing plenty of natural light.
- Conservatory: The bright and airy conservatory offers additional living space, perfect for a dining area, office, or a sunroom to enjoy all year round.
- Front and Rear Gardens: The bungalow has front and rear gardens.
- Garage in Separate Block: A separate garage provides secure parking and additional storage, with easy access from the property. Available at the asking price.

Agents Note
This property has an offer accepted subject to contract but is still currently available to view.

Entrance Hall  

Living Room 

Kitchen 

Bedroom1 

Bedroom2 

Bathroom/Wc 

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Fox & Sons, Polegate

01323 403301

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪