3 Bed Semi-Detached House, Single Let, Petworth, GU28 9HY, £350,000

Valentines Lea, Northchapel, Petworth, West Sussex, GU28 9HY - 3 views - 3 months ago

Sold STC

BTL

ROI: 4%

~93 m²

+9 photos

ValuationUndervalued

Sold Prices	£300K - £560K
Sold Prices/m²	£2.8K/m² - £4.6K/m²

Square Metres	~93 m²
Price/m²	£3.8K/m²
Value Estimate	£384,732£384,732
BMV	10%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£87,500£87,500
Stamp Duty & Legal Fees	£16,700£16,700
Total Cash In	£104,200£104,200

Cash Out
Rent Range	£1,375 - £4,500£1,375 - £4,500
Rent Estimate	£1,828
Running Costs/mo	£1,479£1,479
Cashflow/mo	£349£349
Cashflow/yr	£4,184£4,184
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

9 sold prices from £300K to £560K, average is £384.2K. £2.8K/m² to £4.6K/m², average is £4.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£384.2K	12/22	0.03 mi	42, Valentines Lea, Northchapel, Petworth, West Sussex GU28 9HY	-	-	3	Terraced House
£350K	01/23	0.03 mi	37, Valentines Lea, Northchapel, Petworth, West Sussex GU28 9HY	£4,167	84	3	Terraced House
£300K	04/21	0.03 mi	23, Valentines Lea, Northchapel, Petworth, West Sussex GU28 9HY	£4,615	65	3	Semi-Detached House
£345K	05/21	0.04 mi	29, Valentines Lea, Northchapel, Petworth, West Sussex GU28 9HY	£4,107	84	3	Semi-Detached House
£463K	11/20	0.08 mi	Pipers House, Pipers Lane, Northchapel, Petworth, West Sussex GU28 9HT	£2,823	164	3	Semi-Detached House
£450K	02/22	0.22 mi	18, Luffs Meadow, Northchapel, Petworth, West Sussex GU28 9HN	-	-	3	Terraced House
£315K	06/21	0.22 mi	3, Luffs Meadow, Northchapel, Petworth, West Sussex GU28 9HN	£3,663	86	3	Terraced House
£465K	06/22	0.28 mi	7, Luffs Meadow, Northchapel, Petworth, West Sussex GU28 9HN	-	-	3	Semi-Detached House
£560K	12/20	0.96 mi	Brook Cottage, Fisher Street, Northchapel, Petworth, West Sussex GU28 9EJ	£4,308	130	3	Semi-Detached House

Local Rents

6 rents from £1.4K/mo to £4.5K/mo, average is £2.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,375	03/25	0.08 mi	-	2	Bungalow
£4,500	04/24	1.04 mi	Jobsons Lane, Lurgashall	4	Detached House
£2,250	10/24	1.79 mi	-	2	Semi-Detached House
£2,500	04/24	1.95 mi	Gospel Green, Chiddingfold/Haslemere, Surrey	4	Flat
£2,500	04/24	1.95 mi	Haslemere, Chiddingfold, Surrey, GU27	4	Detached House
£2,100	12/24	2.07 mi	Gostrode Lane, Chiddingfold	3	Flat

Local Area Statistics

Population in GU28	6,7556,755
Population in Petworth	6,7586,758
Town centre distance	3.93 miles away3.93 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	3.92 miles away3.92 miles away

Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+19%+19%

Property History

Listed for £350,000

December 28, 2024

Floor Plans

Description

Locatedon a no-through road in the sought-after West Sussex village of Northchapel, this delightful three-bedroom semi-detached home offers a perfect blend of comfort and convenience.

The ground floor features a welcoming hallway leading to a spacious sitting room, seamlessly connected to the dining room—ideal for entertaining. The dining area opens to a well-appointed kitchen with a range of wall and base units, providing ample storage and workspace. Completing the ground floor is a bright conservatory with access to the rear garden. A handy downstairs cloakroom is located off the hallway.

Upstairs, there are three well-proportioned bedrooms and a family bathroom, offering versatility for families or those needing a home office.

The property is set back with an attractive front garden, adding to its curb appeal. This is an excellent opportunity to enjoy village living while remaining within easy reach of amenities and transport links.

Agent Details

Seymours Estate Agents, Haslemere

01428 787878

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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