2 Bed Semi-Detached House, Single Let, Bognor Regis, PO21 5AH, £400,000

Chichester Road, Bognor Regis, West Sussex, PO21 5AH - 2 months ago

BTL
~98 m²
+8 photos

ValuationUndervalued

Sold Prices£190K - £375K
Sold Prices/m²£2.4K/m² - £8K/m²

 

 

Square Metres

~97.80 m²
Price/m²£4.1K/m²

Value Estimate

£412,933
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£128,700

 

 

Cash Out

 

Rent Range

£768 - £1,400

Rent Estimate

£1,013

Running Costs/mo

£1,473

Cashflow/mo

£-460

Cashflow/yr

£-5,515

Gross Yield

3%

Local Sold Prices

50 sold prices from £190K to £375K, average is £260K. £2.4K/m² to £8K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£265K02/210.09 mi8, Sherwood Road, Bognor Regis, West Sussex PO22 9DS2
£255K04/210.14 mi258, Chichester Road, Bognor Regis, West Sussex PO21 5AX2
£260K01/210.16 mi41, Mansfield Road, Bognor Regis, West Sussex PO22 9EZ2
£266K08/210.17 mi5, Van Dyck Place, Bognor Regis, West Sussex PO22 9BB2
£301.5K06/240.18 mi40, South Way, Bognor Regis, West Sussex PO21 5EY2
£277K04/210.2 mi4, Hazel Road, Bognor Regis, West Sussex PO22 9DP2
£330K10/220.21 miL'atelier, 3, Renoir Court, Bognor Regis, West Sussex PO22 9AY2
£295K12/230.24 mi1, The Dell, Bognor Regis, West Sussex PO22 9AZ2
£250K04/210.24 mi3, Sun Park Close, Bognor Regis, West Sussex PO21 5TY2
£275K06/210.26 mi34, Mansfield Road, Bognor Regis, West Sussex PO22 9HB2
£375K08/230.26 mi52, Mansfield Road, Bognor Regis, West Sussex PO22 9HB2
£251.5K12/230.28 mi14, Meadow Way, North Bersted, Bognor Regis, West Sussex PO22 9AP2
£295K11/220.28 mi8, Meadow Way, North Bersted, Bognor Regis, West Sussex PO22 9AP2
£215K03/210.28 mi3, Greenwood Close, Bognor Regis, West Sussex PO22 9DG2
£280K09/210.29 mi20, Greenwood Close, Bognor Regis, West Sussex PO22 9DG2
£250K05/210.29 mi23, Chalcraft Lane, Bognor Regis, West Sussex PO21 5UA2
£260K12/200.29 mi43, Sandymount Avenue, Bognor Regis, West Sussex PO22 9ET2
£270K08/230.3 mi22, Whiteways, Bognor Regis, West Sussex PO22 9AS2
£260K12/230.3 mi28, Whiteways, Bognor Regis, West Sussex PO22 9AS2
£250K12/200.3 mi375, Chichester Road, Bognor Regis, West Sussex PO21 5AT2
£250K06/210.31 mi33, Mons Avenue, Bognor Regis, West Sussex PO21 5JN2
£290K01/240.32 mi52, Hazel Road, Bognor Regis, West Sussex PO22 9DN2
£190K04/210.33 mi68, Markfield, Bognor Regis, West Sussex PO22 9HN2
£270K11/210.34 mi34, North Bersted Street, Bognor Regis, West Sussex PO22 9AD2
£293.5K02/240.35 mi54, Stroud Green Drive, Bognor Regis, West Sussex PO21 5TJ2
£238K01/240.35 mi94, Stroud Green Drive, Bognor Regis, West Sussex PO21 5TJ2
£230K10/200.35 mi76, Stroud Green Drive, Bognor Regis, West Sussex PO21 5TJ2
£275K06/230.36 mi7, Hawks Place, Bognor Regis, West Sussex PO22 9LZ2
£230K03/210.37 mi16, Cygnet Walk, Bognor Regis, West Sussex PO22 9LY2
£248K02/210.37 mi37, Stroud Green Drive, Bognor Regis, West Sussex PO21 5TL2
£275K07/210.37 mi1, Woodlands Road, Bognor Regis, West Sussex PO22 9EB2
£310K10/230.37 mi4, Woodlands Road, Bognor Regis, West Sussex PO22 9EB2
£282.5K09/230.37 mi3, Woodlands Road, Bognor Regis, West Sussex PO22 9EB2
£245K02/210.38 mi21, North Bersted Street, Bognor Regis, West Sussex PO22 9AA2
£300K01/230.38 mi58, Stroud Green Drive, Bognor Regis, West Sussex PO21 5TJ2
£260K12/220.38 mi4, Laburnum Grove, Bognor Regis, West Sussex PO22 9HT2
£210K12/220.38 mi19, Wadhurst Close, Bognor Regis, West Sussex PO21 5LD2
£250K08/230.38 mi21, Wadhurst Close, Bognor Regis, West Sussex PO21 5LD2
£210K07/240.38 mi18, Wadhurst Close, Bognor Regis, West Sussex PO21 5LD2
£232K02/210.39 mi25, Winston Crescent, Bognor Regis, West Sussex PO21 5DF2
£335K12/220.39 mi2a, Stroud Green Drive, Bognor Regis, West Sussex PO21 5SY2
£205K11/200.4 mi45, Westfield, Bognor Regis, West Sussex PO22 9HE2
£212.5K01/210.4 mi1, Westfield, Bognor Regis, West Sussex PO22 9HE2
£205K11/200.4 mi45, Westfield, Bognor Regis, West Sussex PO22 9HE2
£205.5K02/210.4 mi37, Westfield, Bognor Regis, West Sussex PO22 9HE2
£275K02/230.4 mi47, Westfield, Bognor Regis, West Sussex PO22 9HE2
£257.5K12/230.4 mi37, Westfield, Bognor Regis, West Sussex PO22 9HE2
£228K03/230.4 mi21, Westfield, Bognor Regis, West Sussex PO22 9HE2
£287.5K03/230.4 mi57, Westfield, Bognor Regis, West Sussex PO22 9HE2
£230K09/230.4 mi23, Westfield, Bognor Regis, West Sussex PO22 9HE2

Local Rents

21 rents from £768/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,09507/240.15 miWestloats Lane, PO212
£1,30001/250.33 mi-2
£1,10006/240.33 miMarkfield, Bognor Regis, PO222
£1,00007/240.34 miMarkfield, North Bersted, Bognor Regis2
£1,35007/240.41 miMackintosh Drive, North Bersted, Bognor Regis, PO212
£1,29508/240.42 miRavens Way, Bognor Regis, PO222
£1,25008/240.43 miHeron Close, Bognor Regis2
£1,27507/240.43 miHeron Close, Bognor Regis, West Sussex, PO222
£1,25003/250.43 mi-2
£1,40006/240.45 miPevensey Road Bognor Regis PO212
£1,25002/250.45 mi-2
£1,25007/240.45 miThe Boulevard2
£1,15006/240.5 miEssex Road, Bognor Regis, PO212
£88007/240.52 miMorris Square, North Bersted, Bognor Regis2
£76812/240.52 mi-2
£1,05007/240.54 miEssex Road, BOGNOR REGIS2
£1,09506/240.56 mi-2
£1,09506/240.56 mi-2
£1,25006/240.59 miPotters Way, North Bersted, Bognor Regis, PO212
£1,30006/240.6 miChestnut Grove, BOGNOR REGIS2
£1,10007/240.6 miStoneage Close, Bognor Regis2

Local Area Statistics

Population in PO21

39,509

Population in Bognor Regis

68,380

Town centre distance

0.82 miles away

Nearest school

0.30 miles away

Nearest train station

0.90 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £400,000

January 16, 2025

Floor Plans

Description

  • Edwardian, Semi-Detached House +
  • 2 Double Bedrooms +
  • Spacious Lounge/Diner +
  • New Galley Style Kitchen +
  • Newly Fitted Bathroom Suite +
  • Large Rear Garden +
  • Gated Driveway For Multiple Vehicles +
  • Convenient Location +

Edwardian, semi detached house, situated in this convenient location, close to local shops, bus routes and amenities. The property has plenty of potential to extend, both to the side and rear with the necessary planning consents.

The accommodation briefly comprises to the ground floor, spacious lounge/diner with bay window and a modern newly fitted galley style kitchen. To the first floor there are two double bedrooms, both with built in wardrobes and a newly fitted bathroom suite.

Further benefits include a large rear garden and a gated driveway providing off road parking for multiple vehicles. An internal viewing is essential to appreciate all the property has to offer.

The nearby town of Bognor Regis has an array of shops, cafes, pubs and restaurants, as well as a mainline railway 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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