2 Bed Flat, Single Let, Bognor Regis, PO21 1DJ, £160,000

Glamis Street, Bognor Regis, West Sussex, PO21 1DJ - 3 months ago

BTL
ROI: 5%
~50 m²
+7 photos

ValuationOvervalued

Sold Prices£55K - £365K
Sold Prices/m²£1.5K/m² - £6K/m²

 

 

Square Metres

~49.90 m²
Price/m²£3.2K/m²

Value Estimate

£129,259

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

£850 - £2,500

Rent Estimate

£895

Running Costs/mo

£699

Cashflow/mo

£196

Cashflow/yr

£2,352

ROI

5%

Gross Yield

7%

Local Sold Prices

49 sold prices from £55K to £365K, average is £175K. £1.5K/m² to £6K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£135K01/210.08 miFlat 5, Glamis Court, Glamis Street, Bognor Regis, West Sussex PO21 1DR2
£176K12/200.11 miFlat 2, Fraser Court, High Street, Bognor Regis, West Sussex PO21 1HG2
£127K11/200.12 miFlat 8, Claremont Court, Campbell Road, Bognor Regis, West Sussex PO21 1HD2
£110K09/230.12 miFlat 12, Claremont Court, Campbell Road, Bognor Regis, West Sussex PO21 1HD2
£130K12/220.12 miFlat 44, Claremont Court, Campbell Road, Bognor Regis, West Sussex PO21 1HD2
£135K03/210.13 mi23, Sudley Gardens, Bognor Regis, West Sussex PO21 1HY2
£160K11/210.13 mi12, Sudley Gardens, Bognor Regis, West Sussex PO21 1HY2
£120K12/220.14 mi15, Sudley Gardens, Bognor Regis, West Sussex PO21 1HY2
£205K09/210.14 miFlat 1, Sabey Court, Albert Road, Bognor Regis, West Sussex PO21 1LU2
£200K12/230.14 miSabey Court, Flat 5, Albert Road, Bognor Regis, West Sussex PO21 1LU2
£230K02/240.14 miSabey Court, Flat 1, Albert Road, Bognor Regis, West Sussex PO21 1LU2
£153K11/200.15 miFlat 18, Regis Court, High Street, Bognor Regis, West Sussex PO21 1HZ2
£160K12/220.15 miFlat 2, Regis Court, High Street, Bognor Regis, West Sussex PO21 1HZ2
£142.5K05/210.15 miFlat 12, Regis Court, High Street, Bognor Regis, West Sussex PO21 1HZ2
£223K12/230.18 miFlat 19, Arran Gate, Marian Way, Bognor Regis, West Sussex PO21 1PD2
£105K01/240.19 miFlat 41, Sovereign Court, Campbell Road, Bognor Regis, West Sussex PO21 1AH2
£70K12/200.19 miFlat 42, Sovereign Court, Campbell Road, Bognor Regis, West Sussex PO21 1AH2
£110K10/230.19 miFlat 8, Sovereign Court, Campbell Road, Bognor Regis, West Sussex PO21 1AH2
£105K02/210.19 miFlat 55, Sovereign Court, Campbell Road, Bognor Regis, West Sussex PO21 1AH2
£95K08/210.19 miFlat 8, Sovereign Court, Campbell Road, Bognor Regis, West Sussex PO21 1AH2
£55K09/230.19 miFlat 66, Sovereign Court, Campbell Road, Bognor Regis, West Sussex PO21 1AH2
£355K06/230.2 miFlat 25, Berkeley Court, The Esplanade, Bognor Regis, West Sussex PO21 1LX2
£330K09/210.2 miFlat 20, Berkeley Court, The Esplanade, Bognor Regis, West Sussex PO21 1LX2
£200K03/210.2 miFlat 2, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JN2
£175K10/210.2 miFlat 1, Walton Court, Walton Avenue, Bognor Regis, West Sussex PO21 1NP2
£235K07/240.21 miMountbatten Court, Flat 27, Belmont Street, Bognor Regis, West Sussex PO21 1JN2
£310K03/230.22 miFlat 71, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JW2
£196K06/210.22 miFlat 57, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JW2
£185K11/200.22 miFlat 56, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JW2
£250K08/230.22 miFlat 76, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JW2
£230K07/210.23 mi10a, Walton Road, Bognor Regis, West Sussex PO21 1NS2
£235K04/240.23 miKings Court, Flat 5, The Esplanade, Bognor Regis, West Sussex PO21 1NZ2
£245K08/230.23 miFlat 22, Kings Court, The Esplanade, Bognor Regis, West Sussex PO21 1NZ2
£365K07/210.27 miFlat 9, Compass Point, The Esplanade, Bognor Regis, West Sussex PO21 1NX2
£350K06/210.27 miFlat 10, Compass Point, The Esplanade, Bognor Regis, West Sussex PO21 1NX2
£315K06/210.27 miFlat 14, Compass Point, The Esplanade, Bognor Regis, West Sussex PO21 1NX2
£150K11/210.29 miFlat 70, Seaward Court, West Street, Bognor Regis, West Sussex PO21 1XJ2
£120K12/200.29 miFlat 2, Seaward Court, West Street, Bognor Regis, West Sussex PO21 1XJ2
£225K12/220.3 mi4 Spencer Terrace, 45, Upper Bognor Road, Bognor Regis, West Sussex PO21 1HS2
£240K04/240.3 mi9 Spencer Terrace, 47, Upper Bognor Road, Bognor Regis, West Sussex PO21 1HS2
£215K01/230.31 mi1, Steyne Street, Bognor Regis, West Sussex PO21 1TJ2
£170K11/200.32 mi39b, Linden Road, Bognor Regis, West Sussex PO21 2AP2
£175K11/210.34 miFlat 6, Sutherland Court, Sutherland Close, Bognor Regis, West Sussex PO21 1DX2
£137.5K03/210.34 miFlat 27, Melanies Gardens, Mead Lane, Bognor Regis, West Sussex PO21 1LS2
£170K06/210.36 miFlat 2, Gothic House, The Steyne, Bognor Regis, West Sussex PO21 1TP2
£140K06/210.36 mi3, Manor Place, Bognor Regis, West Sussex PO21 1TB2
£152K05/210.37 miFlat 1, Arlington Mews, Scott Street, Bognor Regis, West Sussex PO21 1FE2
£245K07/230.39 miFlat 5, Steyne Hall, The Steyne, Bognor Regis, West Sussex PO21 1TX2
£243.5K02/230.4 miGround Floor Flat, 59, Annandale Avenue, Bognor Regis, West Sussex PO21 2ET2

Local Rents

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

RentDateDistanceAddressBeds 
£99506/240.01 miGlamis Street, Bognor Regis, PO212
£1,02502/250.02 mi-2
£1,20006/240.05 miLyon Street, Bognor Regis2
£1,20007/240.05 miSudley Road, Bognor Regis, West Sussex, PO212
£1,27507/240.08 miHigh Street, Bognor Regis2
£1,10006/240.11 miLondon Road, Bognor Regis2
£1,25007/240.13 miSudley Gardens, Bognor Regis, PO21 1HY2
£1,19506/240.14 miSudley Gardens, Bognor Regis2
£1,00006/240.14 miSudley Gardens, Bognor Regis, West Sussex, PO212
£1,15007/240.14 mi-2
£1,15007/240.14 mi-2
£1,30006/240.15 miCampbell Road, Bognor Regis2
£1,00007/240.15 miHills Court, Bognor Regis, PO212
£1,00002/250.15 mi-2
£99512/240.15 mi-2
£1,00006/240.15 miRegis Court, Bognor Regis2
£1,30003/250.16 mi-2
£97506/240.19 miRegis House, Richmond Road, Bognor Regis, PO212
£1,20006/240.2 miThe Esplanade, Bognor Regis, West Sussex, PO212
£1,35007/240.2 miThe Esplanade2
£97507/240.2 miFitzleet House Queensway BOGNOR REGIS West Sussex2
£92507/240.2 miFitzleet House Queensway BOGNOR REGIS West Sussex2
£1,15006/240.22 miMerchant Street, Bognor Regis2
£1,30007/240.22 miBognor Regis2
£1,25006/240.22 miBelmont Street, Bognor Regis, PO21 1JW2
£97502/250.24 mi-2
£1,05007/240.24 miCanada Grove, Bognor Regis, PO212
£1,10006/240.24 miHenry Street, Bognor Regis, PO212
£85006/240.25 mi-2
£89507/240.25 miLinden Road, Bognor Regis, PO212
£87506/240.25 mi-2
£89502/250.25 mi-2
£97507/240.26 miLongford Road, BOGNOR REGIS2
£1,30006/240.27 miThe Esplanade, Bognor Regis2
£1,45006/240.29 miThe Esplanade, Bognor Regis, West Sussex, PO212
£1,05007/240.3 miLongford Road, Bognor Regis, West Sussex, PO212
£1,20006/240.3 miSteyne Street, Bognor Regis, West Sussex, PO212
£1,40006/240.32 miParkside, Upper Bognor Road, Bognor Regis, PO212
£1,00006/240.35 miBurnham Avenue, BOGNOR REGIS2
£1,10007/240.36 miThe Steyne, PO212
£95007/240.36 miManor Place, Bognor Regis2
£95007/240.37 miBurnham Avenue, Bognor Regis, PO212
£92502/250.37 mi-2
£1,20008/240.37 miMead Lane, Bognor Regis, PO222
£1,45006/240.38 miThe Esplanade Bognor Regis PO212
£95001/250.38 mi-2
£1,10007/240.39 miWest Street, Bognor Regis, West Sussex2
£2,50011/240.41 mi-2
£94506/240.43 miCavendish Road, Bognor Regis2
£1,29507/240.43 miRoyal Hotel, The Esplanade, Bognor Regis, PO212
£99506/240.43 miOakwood Court, Victoria Drive, Bognor Regis, PO212

Local Area Statistics

Population in PO21

39,509

Population in Bognor Regis

68,380

Town centre distance

0.31 miles away

Nearest school

0.90 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £160,000

February 28, 2025

Listed for £175,000

December 10, 2024

Floor Plans

Description

  • Recently Refurbished Ground Floor Apartment +
  • 2 Double Bedrooms +
  • Living Room +
  • Modern Fitted Kitchen +
  • Communal Courtyard +
  • Share Of The Freehold +
  • No Onward Chain +

Recently refurbished ground floor apartment, situated in this convenient town centre location and offered for sale with a share of the freehold and no onward chain.

The accommodation briefly comprises, private entrance door, hall, two double bedrooms, living room, modern fitted kitchen and a separate bathroom.

The apartment further benefits from a communal courtyard. An internal viewing is essential to appreciate all the property has to offer.

Bognor Regis town centre, has a variety of local shops, cafes and restaurants, as well as a mainline Train Station to London Victoria. The Cathedral City of Chichester is approximately six miles and the A27 provides easy access across the Coast to Brighton to the East and Southampton to the West.

Agents Note: Upon acceptance of an offer, White & Brooks will complete an online identity check provided by Veriphy. The cost of this check to the successful purchaser is £69 including VAT per purchase which will be payable in advance to White & Brooks Ltd. This charge verifies your identity in line with our obligations as requested by HMRC and documents to prove your identity and address will be required.

Agent Details

White & Brooks, Bognor Regis

020 3879 5247

Next Steps?

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