4 Bed Semi-Detached House, Single Let, Bognor Regis, PO22 9HZ, £350,000

Addison Way, Bognor Regis, West Sussex, PO22 9HZ - 5 months ago

BTL
~129 m²
+16 photos

ValuationUndervalued

Sold Prices£202.5K - £650K
Sold Prices/m²£2.1K/m² - £4.3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.7K/m²

Value Estimate

£376,643
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£17,500

Total Cash In

£105,000

 

 

Cash Out

 

Rent Range

£1,300 - £2,000

Rent Estimate

£1,350

Running Costs/mo

£1,384

Cashflow/mo

£-34

Cashflow/yr

£-405

Gross Yield

5%

Local Sold Prices

34 sold prices from £202.5K to £650K, average is £362.5K. £2.1K/m² to £4.3K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£365K02/210.19 mi12, Bramley Gardens, Bognor Regis, West Sussex PO22 9SP4
£235K09/230.24 mi3, Tamarisk Close, Bognor Regis, West Sussex PO22 9JQ4
£267.5K11/230.24 mi19, Tamarisk Close, Bognor Regis, West Sussex PO22 9JQ4
£205.3K10/200.28 mi27, Holly Court, Bognor Regis, West Sussex PO22 9JG4
£202.5K05/210.28 mi23, Holly Court, Bognor Regis, West Sussex PO22 9JG4
£380.9K06/230.28 mi10, Hawks Place, Bognor Regis, West Sussex PO22 9LZ4
£395K06/230.38 mi16, Clydesdale Gardens, Bognor Regis, West Sussex PO22 9BE4
£495K10/230.53 mi55, North Bersted Street, Bognor Regis, West Sussex PO22 9AA4
£300K07/230.53 mi3, Sandymount Avenue, Bognor Regis, West Sussex PO22 9ET4
£280K02/210.55 mi32, Orchard Way, Bognor Regis, West Sussex PO22 9HL4
£295K02/210.56 mi1, Orchard Way, Bognor Regis, West Sussex PO22 9HJ4
£455K12/200.6 mi118, Chichester Road, Bognor Regis, West Sussex PO21 5AA4
£557K02/230.6 miScrippans House, 2, Old Moat Close, Bognor Regis, West Sussex PO22 9UP4
£455K04/210.62 mi9, Church Lane, South Bersted, Bognor Regis, West Sussex PO22 9PT4
£350K12/230.62 mi243, Chichester Road, Bognor Regis, West Sussex PO21 5AQ4
£500K02/210.65 miCoiners Cottage, Shripney Lane, Bognor Regis, West Sussex PO22 9NR4
£650K02/210.65 miOaklands, Shripney Lane, Bognor Regis, West Sussex PO22 9NR4
£440K11/200.67 mi30, Ruskin Avenue, Bognor Regis, West Sussex PO21 5BW4
£393K06/210.71 mi58, Chichester Road, Bognor Regis, West Sussex PO21 2XL4
£360K06/210.71 mi24, Chalcraft Lane, Bognor Regis, West Sussex PO21 5TX4
£550K11/220.72 miLeith, Bersted Street, Bognor Regis, West Sussex PO22 9PR4
£317K01/210.75 mi43, Elbridge Avenue, Bognor Regis, West Sussex PO21 5AD4
£292K04/210.75 mi67, Elbridge Avenue, Bognor Regis, West Sussex PO21 5AD4
£317.5K11/200.75 mi12, Elbridge Avenue, Bognor Regis, West Sussex PO21 5AD4
£435K12/200.78 mi7, Pennicott Road, Bognor Regis, West Sussex PO21 5AY4
£335K01/210.79 mi29, Norbren Avenue, Bognor Regis, West Sussex PO21 5HE4
£365K04/210.8 mi433a, Chichester Road, Bognor Regis, West Sussex PO21 5DS4
£505K07/230.83 mi49, Hillsboro Road, Bognor Regis, West Sussex PO21 2DY4
£330K08/230.86 mi11, Chichester Road, Bognor Regis, West Sussex PO21 2XG4
£503K01/230.88 mi81, Annandale Avenue, Bognor Regis, West Sussex PO21 2ET4
£245K01/230.89 mi1, Loats Lane, Bognor Regis, West Sussex PO21 5EP4
£323.5K06/210.9 mi77, Gravits Lane, Bognor Regis, West Sussex PO21 5LN4
£360K06/230.93 mi22, Highfield Road, Bognor Regis, West Sussex PO22 8BG4
£365K07/230.94 mi7, Westway, Bognor Regis, West Sussex PO22 8DA4

Local Rents

10 rents from £1.3K/mo to £2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,45007/240.25 miOak Close, Bognor Regis, PO224
£1,35006/240.26 miBronze Close, Bognor Regis, PO223
£1,45006/240.4 miDurlston Drive, BOGNOR REGIS3
£1,49507/240.51 miNorth Bersted3
£1,49506/240.52 miLethaby Road3
£2,00006/240.58 miLethaby Road, Bognor Regis, PO215
£1,40007/240.58 miLakeland Avenue3
£1,35006/240.59 miNorth Bersted3
£1,30007/240.6 miThe Paddock, South Bersted, PO223
£1,50006/240.61 miCrossfields, BOGNOR REGIS3

Local Area Statistics

Population in PO22

28,866

Population in Bognor Regis

68,380

Town centre distance

1.01 miles away

Nearest school

0.40 miles away

Nearest train station

1.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-14%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £350,000

February 8, 2025

Listed for £360,000

October 22, 2024

Sold for £278,000

2018

Sold for £165,000

2004

Sold for £126,950

2002

Sold for £73,000

1998

Floor Plans

Description

  • Well Presented Semi-Detached House +
  • 4 Bedrooms +
  • Spacious Open Plan Living/Dining Room +
  • Modern Fitted Kitchen +
  • Utility/Garden Room +
  • Family Shower Room +
  • Downstairs Cloakroom +
  • Garden Office +
  • Good Sized Rear Garden +
  • Driveway +

Well presented semi-detached house, situated in this convenient location, close to local schools, shops and amenities.

The accommodation briefly comprises to the ground floor, entrance hall, cloakroom, spacious open plan living/dining room, separate modern fitted kitchen and a garden/utility room. There is also a downstairs double bedroom. To the first floor there a further two double bedrooms, a single bedroom and family shower room.

The property further benefits from a good sized rear garden with a garden office and a driveway to the front providing off road parking. An internal viewing is essential to appreciate all the property has to offer.

The nearby town of Bognor Regis has an array of shops, cafes, pubs and restaurants, as well as a mainline railway station to London Victoria. The Cathedral City of Chichester, is approximately six miles and 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?

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