3 Bed Detached House, Single Let, Bognor Regis, PO22 8GJ, £375,000

Wood Hill Way, Felpham, PO22 8GJ - 3 months ago

BTL
~93 m²
+4 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£1,300 - £1,825

Rent Estimate

£1,413

Running Costs/mo

£1,474

Cashflow/mo

£-61

Cashflow/yr

£-738

Gross Yield

5%













Local Rents

11 rents from £1.3K/mo to £1.8K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,45007/240.05 miBlackberry Copse, Felpham3
£1,70007/240.14 miThistle Copse Felpham PO223
£1,60009/240.21 miOuterwyke Road, Bognor Regis3
£1,80006/240.22 miNorthwyke Road, BOGNOR REGIS3
£1,55007/240.3 miBay Bridge Crescent, St Marys Close, PO223
£1,40006/240.33 miHaywards Close, Bognor Regis, PO223
£1,45009/240.45 miGlynde Crescent, Felpham3
£1,55001/250.52 mi-3
£1,45007/240.53 miPoulner Close, Felpham3
£1,30007/240.54 miFindon Drive, PO223
£1,82507/240.59 miThe Grove, Felpham3

Local Area Statistics

Population in PO22

28,866

Population in Bognor Regis

68,380

Town centre distance

1.59 miles away

Nearest school

0.40 miles away

Nearest train station

1.72 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £375,000

December 31, 2024

Floor Plans

Description

  • Linked-Detached Family Home +
  • Quiet Cul-de-Sac Location +
  • Principal Bedroom With En-Suite Shower Room +
  • Two Further Bedrooms & Family Bathroom +
  • Enclosed Rear Garden +
  • Garage & Driveway +
  • Local Schools Nearby +
  • Gas Fired Central Heating & UPVC Double Glazing +
  • No Forward Chain +
  • Internal Viewing Highly Recommended +

UPVC double glazed door leading to ENTRANCE HALL:
Cloaks cupboard, under stairs storage cupboard, radiator.

CLOAKROOM:
WC, corner wash basin with tiled splashback, radiator, ceramic tiled floor.

LIVING ROOM
16' 5" (5m) x 10' 2" (3.1m):
With a bright double aspect, two radiators.

KITCHEN/BREAKFAST ROOM
16' 5" (5m) x 10' 6" (3.2m) Plus glazed square bay window with double doors leading to paved terrace and rear garden:
KITCHEN AREA: Range of units comprising inset stainless steel sink, fitted work surfaces incorporating drawer and cupboard fitments, fitted eye level wall cupboards, integral appliances including stainless steel four burner gas hob with concealed extractor/light over, split level Zanussi double oven with storage cupboard beneath, integrated refrigerator and freezer, dishwasher, cupboard housing gas fired boiler serving domestic hot water and central heating. From the DINING AREA: Are glazed double doors leading to a paved and enclosed rear garden.

FIRST FLOOR & LANDING:
Access to roof space.

BEDROOM ONE
10' 0" (3.04m) x 10' 6" (3.2m) Extending to 13' 7" (4.15m) with an area suitable for wardrobe cupboards:
With a bright double aspect, radiator.

EN-SUITE SHOWER:
Comprising pedestal wash basin, close coupled WC, shower cubicle with fully tiled surround, thermostat control, ceramic tiled floor, radiator, extractor vent.

BEDROOM TWO
12' 8" (3.85m) x 8' 10" (2.68m) Overall, plus door recess:
Bright double aspect, fitted storage cupboard, radiator.

BEDROOM THREE
7' 8" (2.33m) x 6' 10" (2.08m):
Radiator.

FAMILY BATHROOM:
Comprising panel bath with mixer taps incorporating shower spray, fitted shower screen, tiled surround, close coupled WC, pedestal wash basin, radiator, extractor vent, ceramic tiling to walls and floor, mirror fronted medicine cabinet.

OUTSIDE & GENERAL:
A GARAGE adjoins the property with driveway in front, there are established gardens to the front and side of the property with the rear being of larger than average size and enclosed by combination of brick wall and panel fencing, laid to lawn with a gated side entrance.

COUNCIL TAX BAND:
Band D.

Agent Details

Gilbert & Cleveland, Bognor Regis

020 3879 4753

Next Steps?

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