2 Bed Flat, Single Let, Polegate, BN26 6FJ, £205,000

Kensington Way, Polegate, East Sussex, BN26 6FJ - 2 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+5 photos

ValuationFair Value

Sold Prices£130K - £450K
Sold Prices/m²£1.8K/m² - £4.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3K/m²

Value Estimate

£204,873

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£51,250

Stamp Duty & Legal Fees

£7,350

Total Cash In

£58,600

 

 

Cash Out

 

Rent Range

£975 - £1,530

Rent Estimate

£1,100

Running Costs/mo

£881

Cashflow/mo

£219

Cashflow/yr

£2,633

ROI

4%

Gross Yield

6%

Local Sold Prices

43 sold prices from £130K to £450K, average is £185K. £1.8K/m² to £4.2K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£190K05/210.03 mi8, Kensington Way, Polegate, East Sussex BN26 6FJ2
£190K04/210.03 mi88, Kensington Way, Polegate, East Sussex BN26 6FJ2
£183K06/210.03 mi32, Kensington Way, Polegate, East Sussex BN26 6FJ2
£188K09/210.03 mi30, Kensington Way, Polegate, East Sussex BN26 6FJ2
£200K04/220.04 mi104, Kensington Way, Polegate, East Sussex BN26 6FJ2
£187K10/220.32 mi3, Lynholm Road, Polegate, East Sussex BN26 6JW2
£155K04/230.32 mi1a, Lynholm Road, Polegate, East Sussex BN26 6JW2
£268K01/210.71 mi12, Spurway Park, Polegate, East Sussex BN26 5DQ2
£170.5K10/220.72 miFlat 2, Hawthorn Court, Black Path, Polegate, East Sussex BN26 5BB2
£183K02/230.72 miFlat 15, Hawthorn Court, Black Path, Polegate, East Sussex BN26 5BB2
£185K12/230.72 miFlat 5, Hawthorn Court, Black Path, Polegate, East Sussex BN26 5BB2
£165K05/220.75 mi8a, Gilda Crescent, Polegate, East Sussex BN26 6AN2
£157K04/220.83 miFlat 8, Chiltern Court, Albert Road, Polegate, East Sussex BN26 6BS2
£200K09/230.89 miFlat 6, Chiltern Court, Albert Road, Polegate, East Sussex BN26 6BS2
£190K06/230.91 mi47, Brook Street, Polegate, East Sussex BN26 6BH2
£155K02/230.98 miFlat 52, Guardian Court, Brookside Avenue, Polegate, East Sussex BN26 6DW2
£135K10/200.98 miFlat 11, Guardian Court, Brookside Avenue, Polegate, East Sussex BN26 6DW2
£149.9K04/210.98 miFlat 50, Guardian Court, Brookside Avenue, Polegate, East Sussex BN26 6DW2
£159.3K11/220.98 miFlat 4, Guardian Court, Brookside Avenue, Polegate, East Sussex BN26 6DW2
£295K07/211.17 mi7, Croft Close, Polegate, East Sussex BN26 5LE2
£184.9K12/201.18 mi34, The Millrace, Polegate, East Sussex BN26 5LP2
£184.9K12/201.18 mi34, The Millrace, Polegate, East Sussex BN26 5LP2
£184.9K12/201.18 mi34, The Millrace, Polegate, East Sussex BN26 5LP2
£210K04/221.21 mi20, Beaulieu Drive, Stone Cross, Pevensey, East Sussex BN24 5DN2
£235K02/231.24 mi21, Willingdon Court, Willingdon, Eastbourne, East Sussex BN20 9NH2
£178K07/231.24 mi22, Willingdon Court, Willingdon, Eastbourne, East Sussex BN20 9NH2
£175K11/201.24 mi18, Willingdon Court, Willingdon, Eastbourne, East Sussex BN20 9NH2
£182.5K07/231.24 mi14, Willingdon Court, Willingdon, Eastbourne, East Sussex BN20 9NH2
£130K01/211.32 mi40, Holly Place, Eastbourne, East Sussex BN22 0UT2
£191K11/211.41 miFlat 8, Carmen Court, Eastbourne Road, Willingdon, Eastbourne, East Sussex BN20 9NP2
£162K05/211.41 miFlat 3, Carmen Court, Eastbourne Road, Willingdon, Eastbourne, East Sussex BN20 9NP2
£185K01/211.43 mi44d, Wannock Lane, Eastbourne, East Sussex BN20 9SD2
£205K03/231.45 mi44a, Wannock Lane, Eastbourne, East Sussex BN20 9SD2
£225K09/211.47 miFlat 23, The Lawns, St Marys Close, Willingdon, Eastbourne, East Sussex BN22 0ND2
£196K10/231.48 mi29, Chyngton Close, Eastbourne, East Sussex BN23 8HQ2
£200K10/221.49 miFlat 5, Mewetts Court, Meachants Lane, Eastbourne, East Sussex BN20 9LS2
£178.5K11/201.49 mi26, Acacia Road, Eastbourne, East Sussex BN22 0TW2
£217K11/221.52 miFlat 16, Carmen Court, Eastbourne Road, Willingdon, Eastbourne, East Sussex BN20 9NP2
£225K11/211.57 mi5, Millers Keep, Stone Cross, Pevensey, East Sussex BN24 5FA2
£160K09/231.67 miFlat 1, Martin Court, Lindfield Road, Eastbourne, East Sussex BN22 0BH2
£271K01/211.73 miFlat 3, The Hoo, Church Street, Willingdon, Eastbourne, East Sussex BN20 9HR2
£450K07/231.73 miFlat 1, The Hoo, Church Street, Willingdon, Eastbourne, East Sussex BN20 9HR2
£165K03/231.81 mi37, Oulton Close, Eastbourne, East Sussex BN23 8DH2

Local Rents

20 rents from £975/mo to £1.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,12512/240.03 miKensington Way, Polegate, East Sussex, BN262
£1,30012/240.44 miEastern Avenue, Polegate2
£1,25012/240.46 mi-2
£1,30003/250.47 mi-2
£1,10012/240.54 miPorters Way, Polegate2
£1,39512/240.62 miWestfield Close, Polegate, East Sussex2
£1,20003/250.65 mi-2
£1,30012/240.74 mi-2
£1,20009/240.79 mi-2
£97501/250.91 mi-2
£1,20009/240.93 mi-2
£1,20012/240.93 miVictoria Road, Polegate2
£1,35003/250.95 mi-2
£1,25003/241.05 miSeven Sisters Road, Eastbourne, East Sussex, BN222
£1,30005/241.09 miHawksbridge Close, EASTBOURNE2
£1,20012/241.11 miFarmlands Close, Polegate, East Sussex, BN262
£1,53012/241.15 mi-2
£1,05008/231.22 mi-2
£1,30012/231.24 mi-2
£1,10003/241.24 miWillingdon court2

Local Area Statistics

Population in BN26

11,451

Town centre distance

0.60 miles away

Nearest school

0.70 miles away

Nearest train station

0.75 miles away

 

 

Rental growth (12m)

+38%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £205,000

January 10, 2025

Floor Plans

Description

  • 2 Bedrooms +
  • NO CHAIN +
  • Living Area +
  • Kitchen Area +
  • En Suite Shower Room +
  • Bathroom/Wc +
  • Allocated Parking Space +

AVAILABE IMMEDIATELY WITH NO CHAIN
A fantastic opportunity to purchase this immaculate 2-bedroom ground floor flat located in a prime area with excellent public transport links, local amenities, green spaces, walking routes, and cycling routes nearby. This property is ideal for couples and first-time buyers looking for a modern and convenient living space.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

QPO250005/2

Agent Details

Your Move, Polegate

01323 396969

Next Steps?

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