2 Bed Bungalow, Single Let, Bognor Regis, PO22 8DW, £325,000

Marylands Crescent, Bognor Regis, West Sussex, PO22 8DW - 1 views - 5 months ago

Sold STC
BTL
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£115K - £475K
Sold Prices/m²£1.9K/m² - £6.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£255,416

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

£975 - £1,400

Rent Estimate

£975

Running Costs/mo

£1,231

Cashflow/mo

£-256

Cashflow/yr

£-3,067

Gross Yield

4%

Local Sold Prices

50 sold prices from £115K to £475K, average is £265.3K. £1.9K/m² to £6.6K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£310K10/230.04 mi72, Brooks Lane, Bognor Regis, West Sussex PO22 8DN2
£265K08/230.08 mi16, Stratton Court, Bognor Regis, West Sussex PO22 8DP2
£265.5K03/240.08 mi18, Stratton Court, Bognor Regis, West Sussex PO22 8DP2
£275K01/210.1 mi51, Highcroft Crescent, Bognor Regis, West Sussex PO22 8DJ2
£275K03/240.12 mi46, Whitfield Close, Bognor Regis, West Sussex PO22 8DY2
£292.5K08/230.13 mi56, Highcroft Crescent, Bognor Regis, West Sussex PO22 8DU2
£270K12/230.13 mi66, Highcroft Crescent, Bognor Regis, West Sussex PO22 8DU2
£360K05/230.17 mi29, Madeira Avenue, Bognor Regis, West Sussex PO22 8DF2
£230K02/210.22 mi15, Ivy Crescent, Bognor Regis, West Sussex PO22 8AB2
£215K07/210.22 mi11, Ivy Crescent, Bognor Regis, West Sussex PO22 8AB2
£315K11/200.24 mi42, Elmwood Avenue, Bognor Regis, West Sussex PO22 8DD2
£249.5K05/230.25 mi4, Northcliffe Road, Bognor Regis, West Sussex PO22 8BA2
£351.5K05/230.26 mi6, Brooksmead, Bognor Regis, West Sussex PO22 8AS2
£237.5K03/210.26 mi53, Ivy Lane, Bognor Regis, West Sussex PO22 8AE2
£260K11/210.27 mi23, Ivy Lane, Bognor Regis, West Sussex PO22 8AA2
£235K06/210.32 mi8, Falklands Close, Bognor Regis, West Sussex PO22 9SR2
£240K05/210.35 mi33, Mead Lane, Bognor Regis, West Sussex PO22 8AN2
£243K01/240.35 mi29, Mead Lane, Bognor Regis, West Sussex PO22 8AN2
£230K03/210.38 mi53, Highfield Road, Bognor Regis, West Sussex PO22 8PD2
£205K02/230.39 mi30, Gordon Avenue, Bognor Regis, West Sussex PO22 9LS2
£270K03/240.4 mi55, Highfield Road, Bognor Regis, West Sussex PO22 8PD2
£305K03/230.42 mi25, Wroxham Way, Bognor Regis, West Sussex PO22 8EW2
£215K04/210.44 mi169, Orchard Way, Bognor Regis, West Sussex PO22 9JY2
£475K04/230.45 mi6, Wroxham Way, Bognor Regis, West Sussex PO22 8EJ2
£240K12/210.47 mi4, St Clares Mews, Felpham, Bognor Regis, West Sussex PO22 7AB2
£294K11/200.48 mi1, Ormesby Crescent, Bognor Regis, West Sussex PO22 8EN2
£340K07/230.54 mi62, Wroxham Way, Bognor Regis, West Sussex PO22 8ES2
£230K02/240.56 mi31, Church Lane, South Bersted, Bognor Regis, West Sussex PO22 9PT2
£222.5K03/210.56 mi13, Henry Street, Bognor Regis, West Sussex PO21 1AR2
£115K09/210.56 miHazelwood Cottage, Waterloo Road, Bognor Regis, West Sussex PO22 7EH2
£411K11/230.57 mi9, Stalham Way, Bognor Regis, West Sussex PO22 8ET2
£315K08/210.58 mi10, Castlereagh Green, Bognor Regis, West Sussex PO22 8HU2
£200K02/210.58 mi91, Ash Grove, Bognor Regis, West Sussex PO22 9JT2
£265K10/220.58 mi27, Ash Grove, Bognor Regis, West Sussex PO22 9JT2
£210K08/230.59 mi106, Longford Road, Bognor Regis, West Sussex PO21 1AF2
£255K06/210.59 mi28, Ash Grove, Bognor Regis, West Sussex PO22 9JH2
£276K11/220.59 mi20, Cheshire Close, Bognor Regis, West Sussex PO21 1YA2
£212.5K03/210.61 mi8, Gibson Way, Bognor Regis, West Sussex PO21 1AW2
£319.5K02/210.62 mi15, Mornington Crescent, Bognor Regis, West Sussex PO22 8HL2
£320K09/230.62 mi21a, Felpham Way, Bognor Regis, West Sussex PO22 8PT2
£377.5K12/200.62 mi2, Whitelands, Bognor Regis, West Sussex PO22 8JF2
£270K11/230.64 miBeaumont, Town Cross Avenue, Bognor Regis, West Sussex PO21 2DS2
£325K06/210.64 mi4, Leopold Close, Bognor Regis, West Sussex PO22 8JJ2
£386K01/230.66 mi30, Felpham Way, Bognor Regis, West Sussex PO22 8QT2
£275K04/210.66 mi78, Orchard Way, Bognor Regis, West Sussex PO22 9HP2
£270K12/210.68 mi12, Murina Avenue, Bognor Regis, West Sussex PO21 2DA2
£152K11/210.71 miLoraine, Sea Road, Bognor Regis, West Sussex PO22 7AN2
£175K11/220.72 miOcean Wave, Sea Road, Bognor Regis, West Sussex PO22 7AN2
£220K05/210.73 mi46, Essex Road, Bognor Regis, West Sussex PO21 2BU2
£222K01/210.73 mi3, Essex Road, Bognor Regis, West Sussex PO21 2BU2

Local Rents

21 rents from £975/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,29508/240.3 miShripney Road, Bognor Regis2
£1,20008/240.32 miHighfield Gardens, Bognor Regis, West Sussex, PO222
£1,20008/240.35 miMead Lane, Bognor Regis, PO222
£1,15007/240.35 miSouthdown Court, Bersted Street, Bognor Regis, PO222
£1,10006/240.36 miBersted Street, BOGNOR REGIS2
£1,15007/240.36 miBersted Street, BOGNOR REGIS2
£1,15007/240.38 miBersted Street, Bognor Regis, West Sussex, PO222
£1,15006/240.38 mi-2
£1,40006/240.44 miParkside, Upper Bognor Road, Bognor Regis, PO212
£97507/240.5 miFelpham Road, Bognor Regis2
£1,10006/240.53 miHenry Street, Bognor Regis, PO212
£1,40007/240.54 miWroxham Way, Felpham, Bognor Regis2
£97502/250.59 mi-2
£98508/240.59 miFelpham Road, Felpham2
£1,30006/240.61 miChestnut Grove, BOGNOR REGIS2
£1,30007/240.61 miBognor Regis2
£1,10002/250.61 mi-2
£99506/240.61 miCarlingford Court, Bognor Regis2
£1,10006/240.61 miCarlingford Court2
£1,19506/240.62 miSudley Gardens, Bognor Regis2
£1,00006/240.62 miSudley Gardens, Bognor Regis, West Sussex, PO212

Local Area Statistics

Population in PO22

28,866

Population in Bognor Regis

68,380

Town centre distance

0.61 miles away

Nearest school

0.30 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-14%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £325,000

January 19, 2025

Listed for £350,000

October 16, 2024

Floor Plans

Description

  • Well presented with a delightful sun room to the rear overlooking the garden +
  • Fitted bedroom furniture +
  • Shopping outlets can be found nearby in Shripney Road +
  • Plenty of off road parking +
  • Picturesque Hotham Park is a short distance +

This well presented detached bungalow is in the favoured Glenwood area of Bognor Regis. Plenty of off street parking and a garage to the side. There is a delightful sun room to the rear overlooking a garden mainly laid to lawn. Shopping outlets can be found in nearby Shripney Road.

Room sizes:

  • Entrance Hall
  • Lounge: 16'8 x 11'3 into recess (5.08m x 3.43m)
  • Kitchen: 10'9 x 9'4 (3.28m x 2.85m)
  • Sun Room: 21'5 x 8'2 (6.53m x 2.49m)
  • Bedroom 1: 15'0 at widest point x 11'3 at widest point (4.58m x 3.43m)
  • Bedroom 2: 10'9 into door well x 9'10 (3.28m x 3.00m)
  • Shower Room
  • Front Garden
  • Driveway
  • Garage To The Side
  • Rear Garden  
    The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
     
    We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Cubitt & West, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Agent Details

Cubitt & West, Bognor Regis

01243 973057

Next Steps?

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