2 Bed Flat, Single Let, Bognor Regis, PO21 2SZ, £170,000

Glencathara Road, Bognor Regis, West Sussex, PO21 2SZ - 4 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£110K - £367K
Sold Prices/m²£1.5K/m² - £6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£194,440
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,450

Total Cash In

£48,950

 

 

Cash Out

 

Rent Range

£850 - £2,500

Rent Estimate

£895

Running Costs/mo

£730

Cashflow/mo

£165

Cashflow/yr

£1,977

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £110K to £367K, average is £191K. £1.5K/m² to £6K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£180K03/210.04 miFlat 4, Barklye House, Sylvan Way, Bognor Regis, West Sussex PO21 2RS2
£205K08/230.04 miFlat 8, Harrington House, Nyewood Lane, Bognor Regis, West Sussex PO21 2UG2
£170K02/210.14 miFlat 12, Courtfield House, Hambledon Place, Bognor Regis, West Sussex PO21 2NF2
£210K09/210.17 mi100, Kyoto Court, Bognor Regis, West Sussex PO21 2UJ2
£110K06/230.17 mi10, Kyoto Court, Bognor Regis, West Sussex PO21 2UJ2
£235K06/210.2 mi121, Aldwick Road, Bognor Regis, West Sussex PO21 2NY2
£365K06/230.2 mi6, Burngreave Court, Bognor Regis, West Sussex PO21 2TZ2
£367K12/200.23 mi2, Norfolk Place, Bognor Regis, West Sussex PO21 1XF2
£184K11/200.23 miFlat 8, Elizabeth Court, Park Terrace, Bognor Regis, West Sussex PO21 2NH2
£190K11/200.25 miFlat 1, Clarehaven Court, Wessex Avenue, Bognor Regis, West Sussex PO21 2QW2
£180K12/210.26 mi68, Rock Gardens, Bognor Regis, West Sussex PO21 2LF2
£245K11/230.26 mi58, Rock Gardens, Bognor Regis, West Sussex PO21 2LF2
£215K04/210.26 miFlat 11, Marine Park, Nyewood Lane, Bognor Regis, West Sussex PO21 2QN2
£280K12/220.26 miFlat 38, Marine Park, Nyewood Lane, Bognor Regis, West Sussex PO21 2QN2
£230K01/210.27 miFlat 5, Swansea House, West Street, Bognor Regis, West Sussex PO21 1XH2
£182K05/230.27 mi42, Kyoto Court, Bognor Regis, West Sussex PO21 2UL2
£140K03/210.27 mi66, Kyoto Court, Bognor Regis, West Sussex PO21 2UL2
£120K04/210.27 mi10, Kyoto Court, Bognor Regis, West Sussex PO21 2UJ2
£175K11/210.29 miFlat 6, Sutherland Court, Sutherland Close, Bognor Regis, West Sussex PO21 1DX2
£210K02/230.3 miFlat 3, Red Ridges, Kings Parade, Bognor Regis, West Sussex PO21 2TS2
£152K05/210.3 miFlat 1, Arlington Mews, Scott Street, Bognor Regis, West Sussex PO21 1FE2
£215K01/230.34 mi1, Steyne Street, Bognor Regis, West Sussex PO21 1TJ2
£245K07/230.35 miFlat 5, Steyne Hall, The Steyne, Bognor Regis, West Sussex PO21 1TX2
£192K12/200.36 mi2, Parklands Avenue, Bognor Regis, West Sussex PO21 2BA2
£170K06/210.36 miFlat 2, Gothic House, The Steyne, Bognor Regis, West Sussex PO21 1TP2
£150K11/210.37 miFlat 70, Seaward Court, West Street, Bognor Regis, West Sussex PO21 1XJ2
£120K12/200.37 miFlat 2, Seaward Court, West Street, Bognor Regis, West Sussex PO21 1XJ2
£190K07/240.38 miThe Hawthorns, Flat 15, Linden Road, Bognor Regis, West Sussex PO21 2AS2
£140K06/210.39 mi3, Manor Place, Bognor Regis, West Sussex PO21 1TB2
£170K11/200.4 mi39b, Linden Road, Bognor Regis, West Sussex PO21 2AP2
£162K09/230.47 mi6a, Waverley Road, Bognor Regis, West Sussex PO21 5NB2
£160K06/210.49 miFlat 24, Gilwynes Court, Gilwynes, Bognor Regis, West Sussex PO21 3SQ2
£220K07/210.49 mi45, Annandale Avenue, Bognor Regis, West Sussex PO21 2ES2
£310K03/230.54 miFlat 71, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JW2
£196K06/210.54 miFlat 57, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JW2
£185K11/200.54 miFlat 56, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JW2
£250K08/230.54 miFlat 76, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JW2
£235K07/240.56 miMountbatten Court, Flat 27, Belmont Street, Bognor Regis, West Sussex PO21 1JN2
£200K03/210.57 miFlat 2, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JN2
£115K11/200.62 mi11, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£243.5K02/230.63 miGround Floor Flat, 59, Annandale Avenue, Bognor Regis, West Sussex PO21 2ET2
£218K10/210.65 miFlat 12, Trotyn Croft, Aldwick Felds, Bognor Regis, West Sussex PO21 3TX2
£135K01/210.66 miFlat 5, Glamis Court, Glamis Street, Bognor Regis, West Sussex PO21 1DR2
£129K03/210.67 mi11, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£160K11/200.67 mi12, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£200K07/230.67 mi31, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£180K12/230.67 mi3, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£355K06/230.71 miFlat 25, Berkeley Court, The Esplanade, Bognor Regis, West Sussex PO21 1LX2
£330K09/210.71 miFlat 20, Berkeley Court, The Esplanade, Bognor Regis, West Sussex PO21 1LX2
£200K12/230.73 miSabey Court, Flat 5, Albert Road, Bognor Regis, West Sussex PO21 1LU2

Local Rents

51 rents from £850/mo to £2.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,17012/240.04 mi-2
£1,20007/240.08 miNyewood Place, Bognor Regis, PO212
£1,25006/240.09 miWood Street, Bognor Regis, West Sussex, PO212
£1,07507/240.13 miRichmond Avenue, Bognor Regis, West Sussex, PO212
£1,10006/240.15 miAldwick Road, BOGNOR REGIS2
£1,10007/240.15 miAldwick Road Bognor Regis PO212
£1,10006/240.2 miPark Road, Bognor Regis, West Sussex, PO212
£1,20006/240.2 miPark Road Bognor Regis PO212
£1,05006/240.2 miNorfolk Square, Bognor Regis2
£1,20006/240.22 miGrafton, Norfolk Square, Bognor Regis, PO212
£94506/240.22 miCavendish Road, Bognor Regis2
£1,30006/240.23 miPark Terrace, Bognor Regis2
£1,45006/240.23 miVictoria Road South, Bognor Regis, PO212
£1,40007/240.23 miPark Terrace, BOGNOR REGIS2
£1,30007/240.24 miMarine Parade Aldwick Bognor Regis West Sussex2
£1,20006/240.27 miMarine Park, Nyewood Lane, Bognor Regis, PO212
£1,73502/250.27 mi-2
£95001/250.27 mi-2
£1,10007/240.3 miWest Street, Bognor Regis, West Sussex2
£1,25006/240.3 miPrincess Avenue, Aldwick, Bognor Regis, PO212
£92502/250.31 mi-2
£95007/240.31 miBurnham Avenue, Bognor Regis, PO212
£1,00006/240.32 miBurnham Avenue, BOGNOR REGIS2
£2,50011/240.33 mi-2
£1,20006/240.34 miSteyne Street, Bognor Regis, West Sussex, PO212
£1,29507/240.36 miRoyal Hotel, The Esplanade, Bognor Regis, PO212
£1,10007/240.36 miThe Steyne, PO212
£95007/240.39 miManor Place, Bognor Regis2
£1,45006/240.39 miThe Esplanade Bognor Regis PO212
£1,05007/240.41 miCanada Grove, Bognor Regis, PO212
£1,15006/240.42 miMerchant Street, Bognor Regis2
£92507/240.43 miFitzleet House Queensway BOGNOR REGIS West Sussex2
£97507/240.43 miFitzleet House Queensway BOGNOR REGIS West Sussex2
£87506/240.44 mi-2
£89502/250.44 mi-2
£89507/240.44 miLinden Road, Bognor Regis, PO212
£85006/240.44 mi-2
£1,25007/240.47 miVictoria Drive, Bognor Regis, West Sussex, PO212
£97506/240.48 miRegis House, Richmond Road, Bognor Regis, PO212
£97507/240.5 miLongford Road, BOGNOR REGIS2
£1,15007/240.53 mi-2
£1,15007/240.53 mi-2
£1,40006/240.54 miPevensey Road Bognor Regis PO212
£1,05007/240.54 miLongford Road, Bognor Regis, West Sussex, PO212
£1,25006/240.54 miBelmont Street, Bognor Regis, PO21 1JW2
£99512/240.55 mi-2
£1,00002/250.56 mi-2
£1,00007/240.56 miHills Court, Bognor Regis, PO212
£1,10006/240.57 miLondon Road, Bognor Regis2
£1,25007/240.59 miEversley Court, Aldwick Avenue, Bognor Regis, PO212
£99506/240.59 miOakwood Court, Victoria Drive, Bognor Regis, PO212

Local Area Statistics

Population in PO21

39,509

Population in Bognor Regis

68,380

Town centre distance

0.62 miles away

Nearest school

0.50 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £170,000

January 31, 2025

Listed for £175,000

November 5, 2024

Floor Plans

Description

  • EPC D +

  • First Floor Apartment +

  • Two Double Bedrooms +

  • Living Room +

  • Modern Kitchen +

  • Bathroom/WC +

  • Juliet Balcony +

A well presented First floor TWO BEDROOM apartment to the WEST OF BOGNOR that has been modernised through with stylish KITCHEN and BATHROOM. It also has the benefit of a JULIET BALCONY and a lift. It is well positioned for the local shops in Aldwick as well as being CLOSE TO THE PROMENADE. We feel would be a perfect first home

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

QBO230363/2

Agent Details

Your Move, Bognor Regis

020 3879 5708

Next Steps?

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