3 Bed Flat, Single Let, Bognor Regis, PO21 4TW, £170,000
20a The Parade, Bognor Regis, West Sussex, PO21 4TW - 6 months ago
Sold STC
Leasehold
BTL
ROI: 13%
~93 m²





+5 photos
ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £42,500 |
Stamp Duty & Legal Fees | £6,300 |
Total Cash In | £48,800 |
| |
Cash Out | |
Rent Range | £1,250 - £1,950 |
Rent Estimate | £1,359 |
Running Costs/mo | £823 |
Cashflow/mo | £536 |
Cashflow/yr | £6,431 |
ROI | 13% |
Gross Yield | 10% |
Local Rents
12 rents from £1.3K/mo to £1.9K/mo, average is £1.5K/mo.
Local Area Statistics
Population in PO21 | 39,509 |
Population in Bognor Regis | 68,380 |
Town centre distance | 3.05 miles away |
Nearest school | 1 miles away |
Nearest train station | 2.94 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +28% |
Sales demand | Balanced market |
Capital growth (5yrs) | +19% |
Property History
Listed for £170,000
September 5, 2024
Floor Plans

Description
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