2 Bed Flat, Single Let, Petworth, GU28 0DS, £325,000

Park Road, Swan House Park Road, GU28 0DS - 7 months ago

Sold STC
Leasehold
BTL
~76 m²
+8 photos

ValuationOvervalued

Sold Prices£170K - £265K
Sold Prices/m²£2.4K/m² - £4.5K/m²

 

 

Square Metres

~75.90 m²
Price/m²£4.3K/m²

Value Estimate

£204,109

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Total Cash In

£102,450

 

 

Cash Out

 

Rent Range

£42 - £2,000

Rent Estimate

£875

Running Costs/mo

£1,211

Cashflow/mo

£-336

Cashflow/yr

£-4,027

Gross Yield

3%

Local Sold Prices

5 sold prices from £170K to £265K, average is £199.5K. £2.4K/m² to £4.5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£265K03/230.01 mi1 The Courtyard, Swan House, Park Road, Petworth, West Sussex GU28 0DS2
£195K10/220.25 mi7, Oakwood Court, Petworth, West Sussex GU28 0LW2
£199.5K09/220.26 mi7, Linden Court, Petworth, West Sussex GU28 0LN2
£170K03/220.32 mi11, Cedar Court, Petworth, West Sussex GU28 0HT2
£223K05/222.88 mi19, Spiro Close, Pulborough, West Sussex RH20 1DU2

Local Rents

12 rents from £42/mo to £2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£91603/240.06 miNew Street, Petworth1
£2,00009/230.1 mi-3
£1,65011/230.11 mi-3
£1,37504/240.26 miToronto Road, Petworth2
£1,45009/230.26 mi-2
£1,45003/240.26 mi-2
£1,49510/240.26 mi-2
£1,37504/240.28 miToronto Road, Petworth2
£85011/240.31 mi-2
£95003/230.34 mi-2
£4205/240.47 miGrove Lane, Petworth, West Sussex1
£1,70003/250.76 mi-3

Local Area Statistics

Population in GU28

6,755

Population in Petworth

6,758

Town centre distance

1.37 miles away

Nearest school

0.40 miles away

Nearest train station

4.57 miles away

 

 

Sales demand

Buyer's market

Capital growth (5yrs)

+19%

Property History

Listed for £325,000

September 10, 2024

Floor Plans

Description

  • Grade II Listed +
  • Town Centre Location +
  • Lease Length - 86 Years +
  • Private Courtyard Garden +
  • Service Charge: £2,696 pa +
  • Modern Ground Floor Apartment +
  • Ground Rent: £50 pa +
  • Allocated Parking Space +
  • Immaculately Presented +

Introducing this stunning Grade II listed two-bedroom apartment, perfectly positioned in the heart of the town centre, offering the ideal combination of modern living and historic charm. Recently renovated to an exceptional standard, this home boasts a contemporary finish throughout, making it a true ‘turn key’ property, ready to move into. Upon entering, a spacious hallway welcomes you, offering ample space to store coats and shoes before leading into the beautifully presented sitting room. Both double bedrooms benefit from a desirable south-facing aspect, allowing natural light to flood the rooms. A modern family bathroom, complete with a separate utility area, adds practicality to this thoughtfully designed home. The kitchen is a particular highlight, featuring sleek wooden worktops, integrated appliances, and generous storage. There’s plenty of space for a dining table, making it a wonderful spot for entertaining or casual meals. Externally, the property offers a private courtyard garden – an inviting space for outdoor relaxation. Additionally, two outside stores provide further storage solutions. The convenience of allocated off-road parking is a rare find in such a central location, and with local amenities and the picturesque Petworth Park just a short walk away, this apartment truly offers the best of both worlds. This charming home is an opportunity not to be missed for those seeking character, convenience, and contemporary living. Petworth is an attractive old market town perhaps best known for the National Trust owned Petworth House with its beautiful 750 acre parkland. The town offers a good range of shops and services for everyday needs together with a wealth of antique shops. Schools in the area include Petworth Primary School, Midhurst Rother College, Seaford College, Dorset House and Conifers. There is a varied selection of eateries in the area ranging from country pubs to fine restaurants. Sporting activities include golf at Cowdray Park. Polo at Cowdray Park and horse racing at Goodwood and Fontwell. Communications with London are surprisingly easy with mainline stations at Haslemere. A fantastic opportunity to acquire a two-bedroom apartment with off-road parking within walking distance of amenities and Petworth Park. Kitchen / Dining Room (2.82m x 3.43m) Dining Room (2.06m x 3.89m) Sitting Room (3.63m x 4.06m) Bedroom 1 (3.02m x 3.63m) Bedroom 2 (2.57m x 3.15m) Parking - Allocated parking

Agent Details

Henry Adams, Midhurst

01730 771345

Next Steps?

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