2 Bed Terraced House, Single Let, Bognor Regis, PO22 9EQ, £240,000

12 Finch Gardens, Bognor Regis, West Sussex, PO22 9EQ - 5 months ago

Sold STC
BTL
ROI: 1%
61 m²
+6 photos

ValuationFair Value

Sold Prices£190K - £375K
Sold Prices/m²£2.8K/m² - £8K/m²

 

 

Square Metres

61 m²
Price/m²£3.9K/m²

Value Estimate

£241,067

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,700

Total Cash In

£68,700

 

 

Cash Out

 

Rent Range

£880 - £1,350

Rent Estimate

£1,059

Running Costs/mo

£982

Cashflow/mo

£77

Cashflow/yr

£926

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £190K to £375K, average is £242.5K. £2.8K/m² to £8K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£230K05/210.03 mi25, Finch Gardens, Bognor Regis, West Sussex PO22 9EQ2
£225K03/210.03 mi21, Finch Gardens, Bognor Regis, West Sussex PO22 9EQ2
£247K10/230.05 mi52, Osprey Gardens, Bognor Regis, West Sussex PO22 9QQ2
£228K12/200.05 mi80, Osprey Gardens, Bognor Regis, West Sussex PO22 9QQ2
£247K06/210.05 mi69, Woodlands Road, Bognor Regis, West Sussex PO22 9EG2
£238K05/210.06 mi63, Woodlands Road, Bognor Regis, West Sussex PO22 9EG2
£225K02/210.08 mi75, Osprey Gardens, Bognor Regis, West Sussex PO22 9QQ2
£217K12/200.09 mi71, Stoneage Close, Bognor Regis, West Sussex PO22 9QW2
£200K05/210.1 mi4, Warblers Way, Bognor Regis, West Sussex PO22 9LR2
£213K05/210.11 mi49, Stoneage Close, Bognor Regis, West Sussex PO22 9QW2
£302.5K04/210.11 mi33, Addison Way, Bognor Regis, West Sussex PO22 9HY2
£305K02/230.11 mi31, Addison Way, Bognor Regis, West Sussex PO22 9HY2
£237K05/210.11 mi41, Addison Way, Bognor Regis, West Sussex PO22 9HY2
£245K11/200.12 mi49, Woodlands Road, Bognor Regis, West Sussex PO22 9EE2
£240K12/210.13 mi37, Stoneage Close, Bognor Regis, West Sussex PO22 9QN2
£220K01/210.13 mi8, Stoneage Close, Bognor Regis, West Sussex PO22 9QN2
£235K03/230.13 mi26, Stoneage Close, Bognor Regis, West Sussex PO22 9QN2
£275K09/230.13 mi77, Addison Way, Bognor Regis, West Sussex PO22 9HZ2
£350K07/230.13 mi70, Addison Way, Bognor Regis, West Sussex PO22 9HZ2
£222.5K02/210.14 mi10, Heron Close, Bognor Regis, West Sussex PO22 9NA2
£275K08/230.14 mi8, Heron Close, Bognor Regis, West Sussex PO22 9NA2
£290K04/210.14 mi69, Addison Way, Bognor Regis, West Sussex PO22 9HZ2
£340K11/220.16 mi59, Hazel Road, Bognor Regis, West Sussex PO22 9ED2
£270K12/200.17 mi65, Hazel Road, Bognor Regis, West Sussex PO22 9ED2
£275K07/210.17 mi1, Woodlands Road, Bognor Regis, West Sussex PO22 9EB2
£310K10/230.17 mi4, Woodlands Road, Bognor Regis, West Sussex PO22 9EB2
£282.5K09/230.17 mi3, Woodlands Road, Bognor Regis, West Sussex PO22 9EB2
£230K03/210.19 mi16, Cygnet Walk, Bognor Regis, West Sussex PO22 9LY2
£303K04/230.19 mi1, Sunningdale Gardens, Bognor Regis, West Sussex PO22 9LE2
£275K06/230.19 mi7, Hawks Place, Bognor Regis, West Sussex PO22 9LZ2
£205K02/210.2 mi6, Bronze Close, Bognor Regis, West Sussex PO22 9RS2
£212.5K10/210.2 mi3, Bronze Close, Bognor Regis, West Sussex PO22 9RS2
£195K11/200.2 mi29, Bronze Close, Bognor Regis, West Sussex PO22 9RS2
£290K01/240.23 mi52, Hazel Road, Bognor Regis, West Sussex PO22 9DN2
£250K08/210.25 mi26, Westfield, Bognor Regis, West Sussex PO22 9HF2
£190K04/210.29 mi68, Markfield, Bognor Regis, West Sussex PO22 9HN2
£260K12/220.29 mi4, Laburnum Grove, Bognor Regis, West Sussex PO22 9HT2
£280K09/210.3 mi20, Greenwood Close, Bognor Regis, West Sussex PO22 9DG2
£205K11/200.3 mi45, Westfield, Bognor Regis, West Sussex PO22 9HE2
£215K03/210.3 mi3, Greenwood Close, Bognor Regis, West Sussex PO22 9DG2
£275K06/210.3 mi34, Mansfield Road, Bognor Regis, West Sussex PO22 9HB2
£375K08/230.3 mi52, Mansfield Road, Bognor Regis, West Sussex PO22 9HB2
£212.5K01/210.31 mi1, Westfield, Bognor Regis, West Sussex PO22 9HE2
£205K11/200.31 mi45, Westfield, Bognor Regis, West Sussex PO22 9HE2
£205.5K02/210.31 mi37, Westfield, Bognor Regis, West Sussex PO22 9HE2
£275K02/230.31 mi47, Westfield, Bognor Regis, West Sussex PO22 9HE2
£257.5K12/230.31 mi37, Westfield, Bognor Regis, West Sussex PO22 9HE2
£228K03/230.31 mi21, Westfield, Bognor Regis, West Sussex PO22 9HE2
£287.5K03/230.31 mi57, Westfield, Bognor Regis, West Sussex PO22 9HE2
£230K09/230.31 mi23, Westfield, Bognor Regis, West Sussex PO22 9HE2

Local Rents

16 rents from £880/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10007/240.09 miStoneage Close, Bognor Regis2
£1,25011/240.12 mi-2
£1,29508/240.12 miRavens Way, Bognor Regis, PO222
£1,27507/240.13 miHeron Close, Bognor Regis, West Sussex, PO222
£1,25008/240.13 miHeron Close, Bognor Regis2
£1,10006/240.24 miMarkfield, Bognor Regis, PO222
£1,00007/240.25 miMarkfield, North Bersted, Bognor Regis2
£1,09506/240.33 mi-2
£1,09506/240.33 mi-2
£1,30006/240.35 miChestnut Grove, BOGNOR REGIS2
£1,09507/240.54 miWestloats Lane, PO212
£1,35007/240.55 miMackintosh Drive, North Bersted, Bognor Regis, PO212
£88007/240.58 miMorris Square, North Bersted, Bognor Regis2
£1,25003/250.61 mi-2
£1,25002/250.61 mi-2
£1,30001/250.61 mi-2

Local Area Statistics

Population in PO22

28,866

Population in Bognor Regis

68,380

Town centre distance

0.91 miles away

Nearest school

0.30 miles away

Nearest train station

1.05 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £240,000

December 10, 2024

Listed for £250,000

October 29, 2024

Sold for £169,950

2007

Sold for £125,000

2003

Sold for £84,000

2001

Floor Plans

Description

  • End of Terraced House +
  • Sitting Room/Diner +
  • Fitted Kitchen +
  • Two Double Bedrooms +
  • Family Bathroom +
  • Double Glazing and Gas Fired Central Heating +
  • Generous Garden +
  • Cul-de-Sac Location +
  • Close to Shops +
  • No Onward Chain +

A bright house located in a quiet cul-de-sac in Bersted.

This two double bedroom house overlooks a small green and the accommodation briefly comprises, entrance porch, sitting/dining room, fitted kitchen with access to the rear garden. The first floor comprises, landing with useful storage cupboard, two double bedrooms and bathroom with WC. Outside, the rear garden is predominantly laid to lawn and continues down the side of the house. Gated access to the continuation of the side garden and front garden. There is potential for a side extension, subject to the usual planning consents and building regulations. A viewing is recommended to appreciate the bright accommodation and quiet location. Agents Note: We understand there is lapsed planning consent for a two storey side extension.

EPC Rating: C

Agent Details

Henry Adams, Bognor Regis

01243 219388

Next Steps?

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