3 Bed Flat, Single Let, Bognor Regis, PO22 9BX, £210,000

DOVER COURT Fairlands, Bognor Regis, West Sussex, PO22 9BX - 4 months ago

Leasehold
BTL
ROI: 6%
74 m²
+7 photos

ValuationUndervalued

Sold Prices£148K - £563K
Sold Prices/m²£1.8K/m² - £5.5K/m²

 

 

Square Metres

73.53 m²
Price/m²£2.9K/m²

Value Estimate

£225,830
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,500

Total Cash In

£60,000

 

 

Cash Out

 

Rent Range

£1,060 - £2,525

Rent Estimate

£1,250

Running Costs/mo

£926

Cashflow/mo

£324

Cashflow/yr

£3,885

ROI

6%

Gross Yield

7%

Local Sold Prices

17 sold prices from £148K to £563K, average is £278K. £1.8K/m² to £5.5K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£200K07/210.3 mi5, Durlston Drive, Bognor Regis, West Sussex PO22 9DH3
£210K11/230.68 mi124b, Orchard Way, Bognor Regis, West Sussex PO22 9JU3
£218K04/210.68 mi128a, Orchard Way, Bognor Regis, West Sussex PO22 9JU3
£230K06/210.75 mi142b, Orchard Way, Bognor Regis, West Sussex PO22 9JX3
£175K04/210.8 mi70, Kyoto Court, Bognor Regis, West Sussex PO21 2UL3
£420K06/211.11 mi10, Gilwynes, Bognor Regis, West Sussex PO21 3SG3
£217K03/211.16 miFlat 14, Clarehaven Court, Wessex Avenue, Bognor Regis, West Sussex PO21 2QW3
£148K12/231.21 mi1, Sudley Gardens, Bognor Regis, West Sussex PO21 1HY3
£385K09/231.23 mi8, Rock Gardens, Bognor Regis, West Sussex PO21 2LE3
£278K05/241.29 miSabey Court, Flat 7, Albert Road, Bognor Regis, West Sussex PO21 1LU3
£230K10/201.68 miFlat 3, Turret House, Limmer Lane, Bognor Regis, West Sussex PO22 7EN3
£540K10/211.91 mi5, Craigweil Manor, Bognor Regis, West Sussex PO21 4AP3
£497.5K07/211.91 mi10, Craigweil Manor, Bognor Regis, West Sussex PO21 4AP3
£338K01/211.94 mi35, Pryors Lane, Bognor Regis, West Sussex PO21 4LH3
£563K12/201.99 mi9, Overdown Road, Bognor Regis, West Sussex PO22 7HW3
£340K03/212.28 mi47, Roundle Avenue, Bognor Regis, West Sussex PO22 8LJ3
£441K03/212.47 miMaytime, Westergate Street, Woodgate, Chichester, West Sussex PO20 3SS3

Local Rents

38 rents from £1.1K/mo to £2.5K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,45006/240.3 miDurlston Drive, BOGNOR REGIS3
£1,49507/240.34 miNorth Bersted3
£1,35006/240.38 miNorth Bersted3
£1,49506/240.43 miLethaby Road3
£1,55012/240.46 mi-3
£1,55012/240.46 mi-3
£1,45007/240.49 miEssex Road, Bognor Regis, PO213
£1,35006/240.57 mi-3
£1,30007/240.57 miThe Paddock, South Bersted, PO223
£1,30006/240.59 miDorset Road, Bognor Regis3
£1,40007/240.64 miLakeland Avenue3
£1,60007/240.65 miMarshall Avenue, Bognor Regis, PO213
£2,00003/250.66 mi-3
£1,50006/240.67 miCrossfields, BOGNOR REGIS3
£1,35006/240.7 miBronze Close, Bognor Regis, PO223
£2,12506/240.71 miCarlingford Court, Bognor Regis, PO213
£1,30005/240.72 mi-3
£1,35003/250.72 mi-3
£1,20006/240.8 miKyoto Court, Bognor Regis, West Sussex, PO213
£1,25006/240.8 miKyoto Court, Nyewood Lane, Bognor Regis, PO213
£1,49512/240.87 mi-3
£1,30006/240.97 miGainsboro Road, Bognor Regis3
£1,45006/241 miShelley Road, PO213
£1,75006/241 miSpencer Street, BOGNOR REGIS3
£1,06009/241 mi-3
£2,16712/241.01 mi-3
£1,25002/251.04 mi-3
£1,40012/241.05 mi-3
£1,40012/241.05 mi-3
£1,20003/251.05 mi-3
£1,35007/241.07 miGlamis Street, Bognor Regis, PO213
£1,30007/241.12 miGilwynes, Aldwick3
£1,45007/241.14 miHewarts Lane, Aldwick, Bognor Regis, PO213
£1,30002/251.14 mi-3
£1,25007/241.14 miWrenfield Place, Scott Close, Bognor Regis, PO213
£1,65007/241.14 miRenoir Mews, Bognor Regis, West Sussex, PO223
£2,52502/251.2 mi-3
£1,25006/241.21 miPark Road, Bognor Regis, PO213

Local Area Statistics

Population in PO22

28,866

Population in Bognor Regis

68,380

Town centre distance

0.86 miles away

Nearest school

0.30 miles away

Nearest train station

0.95 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £210,000

November 7, 2024

Sold for £125,000

2012

Sold for £149,950

2009

Sold for £149,950

2004

Sold for £59,000

2000

Floor Plans

Description

  • Incredibly spacious kitchen and lounge +
  • Own front door +
  • Delightful private enclosed garden +
  • Within close proximity to shops and restaurants +
  • Good location for schools and public transport +

This 1st floor flat is incredibly spacious and has its own front door. There is a private enclosed garden and off street parking. Local schools are a convenient distance and public transport is close to hand.

Room sizes:

  • Hall
  • Lounge: 12'0 into alcove x 11'6 (3.66m x 3.51m)
  • Kitchen: 12'0 x 11'6 (3.66m x 3.51m)
  • Bedroom 1: 12'4 x 11'11 (3.76m x 3.63m)
  • Bedroom 2: 11'11 x 8'10 up to fitted units (3.63m x 2.69m)
  • Bedroom 3: 8'3 x 7'11 (2.52m x 2.41m)
  • Bathroom
  • Garden
  • Off Street Parking  
    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?

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