2 Bed Flat, Single Let, Bognor Regis, PO22 6HU, £160,000





ValuationUndervalued
Sold Prices | £98K - £330K |
Sold Prices/m² | £1.9K/m² - £5.2K/m² |
| |
Square Metres | ~54.26 m² |
Price/m² | £2.9K/m² |
Value Estimate | £166,809 |
BMV | 4% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £40,000 |
Stamp Duty & Legal Fees | £9,200 |
Total Cash In | £49,200 |
| |
Cash Out | |
Rent Range | £825 - £1,250 |
Rent Estimate | £925 |
Running Costs/mo | £705 |
Cashflow/mo | £220 |
Cashflow/yr | £2,640 |
ROI | 5% |
Gross Yield | 7% |
Local Sold Prices
20 sold prices from £98K to £330K, average is £164.3K. £1.9K/m² to £5.2K/m², average is £3.1K/m².
Local Rents
12 rents from £825/mo to £1.3K/mo, average is £1.2K/mo.
Local Area Statistics
Population in PO22 | 28,866 |
Population in Bognor Regis | 68,380 |
Town centre distance | 3.05 miles away |
Nearest school | 1.30 miles away |
Nearest train station | 2.87 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +3% |
Sales demand | Balanced market |
Capital growth (5yrs) | +16% |
Property History
Price changed to £160,000
February 28, 2025
Price changed to £165,000
December 27, 2024
Listed for £170,000
November 5, 2024
Floor Plans

Description
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