4 Bed Detached House, Single Let, Bognor Regis, PO21 2BA, £475,000

6 Parklands Avenue, Bognor Regis, West Sussex, PO21 2BA - 6 months ago

BTL
137 m²
+16 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£28,700

Total Cash In

£147,450

 

 

Cash Out

 

Rent Range

£875 - £4,600

Rent Estimate

£1,183

Running Costs/mo

£1,741

Cashflow/mo

£-558

Cashflow/yr

£-6,696

Gross Yield

3%













Local Rents

45 rents from £875/mo to £4.6K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,99506/240.21 miDevonshire Road, Bognor Regis4
£1,60007/240.22 miMarshall Avenue, Bognor Regis, PO213
£1,60006/240.23 miHavelock Road Bognor Regis PO214
£2,25007/240.24 miOckley Road, BOGNOR REGIS4
£1,30006/240.26 miDorset Road, Bognor Regis3
£2,00003/250.26 mi-3
£2,22007/240.26 miSouthover Road, Bognor Regis, PO214
£1,49512/240.26 mi-3
£87509/240.27 mi-9
£1,35006/240.27 mi-3
£1,47506/240.27 miVictoria Drive, Bognor Regis, PO214
£1,45007/240.28 miEssex Road, Bognor Regis, PO213
£1,30006/240.28 miGainsboro Road, Bognor Regis3
£2,12506/240.3 miCarlingford Court, Bognor Regis, PO213
£1,06009/240.34 mi-3
£3,00002/250.35 mi-4
£1,75006/240.36 miSpencer Street, BOGNOR REGIS3
£2,16712/240.37 mi-3
£1,65006/240.39 miCavendish Road, Bognor Regis4
£1,20006/240.4 miKyoto Court, Bognor Regis, West Sussex, PO213
£1,60007/240.4 miBognor4
£4,60007/240.41 miSomerset Gardens, BOGNOR REGIS7
£1,25001/250.42 mi-3
£1,25006/240.42 miKyoto Court, Nyewood Lane, Bognor Regis, PO213
£1,40012/240.44 mi-3
£1,40012/240.44 mi-3
£1,20003/250.44 mi-3
£1,30002/250.45 mi-3
£1,49507/240.45 miWilliam Street, Bognor Regis, PO214
£1,45006/240.46 miShelley Road, PO213
£1,35007/240.47 miGlamis Street, Bognor Regis, PO213
£1,25007/240.47 miWrenfield Place, Scott Close, Bognor Regis, PO213
£1,30007/240.48 miThe Paddock, South Bersted, PO223
£3,00002/250.51 mi-4
£2,10006/240.51 miGlamis Street, BOGNOR REGIS5
£1,50007/240.51 miNeville Road, Bognor Regis4
£2,30007/240.52 miThe Steyne, Bognor Regis, West Sussex5
£1,40007/240.54 miWest Street, PO214
£1,45006/240.55 miWest Street Bognor Regis West Sussex4
£1,70006/240.56 miHawthorn Road, Bognor Regis, PO214
£1,70012/240.56 mi-4
£1,25006/240.58 miPark Road, Bognor Regis, PO213
£1,30005/240.61 mi-3
£1,35003/250.61 mi-3
£1,45006/240.62 miDurlston Drive, BOGNOR REGIS3

Local Area Statistics

Population in PO21

39,509

Population in Bognor Regis

68,380

Town centre distance

0.32 miles away

Nearest school

0.40 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £475,000

March 16, 2025

Price changed to £485,000

January 23, 2025

Listed for £500,000

September 11, 2024

Sold for £415,000

2017

Sold for £250,000

2011

Floor Plans

Description

  • Well Presented Detached House +
  • 4 Double Bedrooms +
  • Dual Aspect Living Room +
  • Large Modern Fitted Kitchen/Dining Room +
  • Second Reception Room +
  • Utility Room +
  • 4 Piece Family Bathroom +
  • Downstairs WC +
  • Detached Garage & Driveway +
  • Enclosed Rear Garden +

Well presented detached house, situated in this convenient location, close to Bognor Regis town centre, mainline railway station and within easy reach of local schools and the seafront.

The property offers spacious and versatile living accommodation which briefly comprises to the ground floor, entrance porch, hall, dual aspect living room with feature fire place, large modern fitted kitchen/dining room, utility room and a WC. There is also a separate dining room/reception room. To the first floor there are four double bedrooms and a four piece family bathroom.

Further benefits include, an enclosed rear garden, with lawn, patio areas and mature trees and shrubs. There is also a driveway leading to a detached garage and store area. An internal viewing is essential to appreciate all the property has to offer.

The Cathedral City of Chichester, which provides a wide variety of cultural, leisure and shopping facilities, including the internationally renowned Festival Theatre, Pallant House Gallery and museums, is approximately six miles. Approximately 10 miles to the North West lies Goodwood with its’ famous race course, golf courses and airfield and which is also home to the annual Festival of Speed and The Revival. The A27 provides easy access across the Coast to Brighton to the East and Southampton to the West.

Agents Note: Upon acceptance of an offer, White & Brooks will complete an online identity check provided by Veriphy. The cost of this check to the successful purchaser is £69 including VAT per purchase which will be payable in advance to White & Brooks Ltd. This charge verifies your identity in line with our obligations as requested by HMRC and documents to prove your identity and address will be required.

Agent Details

White & Brooks, Bognor Regis

020 3879 5247

Next Steps?

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