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





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 |
BMV | 8% |
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.
Local Rents
38 rents from £1.1K/mo to £2.5K/mo, average is £1.4K/mo.
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
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