2 Bed Flat, Single Let, Bognor Regis, PO21 2QN, £260,000

33 Marine Park, Nyewood Lane, Bognor Regis, West Sussex, PO21 2QN - 2 months ago

Sold STC
Leasehold
BTL
81 m²
+6 photos

ValuationOvervalued

Sold Prices£110K - £367K
Sold Prices/m²£1.5K/m² - £6K/m²

 

 

Square Metres

81 m²
Price/m²£3.2K/m²

Value Estimate

£229,023

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Rent Range

£850 - £2,500

Rent Estimate

£885

Running Costs/mo

£1,010

Cashflow/mo

£-124

Cashflow/yr

£-1,494

Gross Yield

4%

Local Sold Prices

50 sold prices from £110K to £367K, average is £190K. £1.5K/m² to £6K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£235K06/210.08 mi121, Aldwick Road, Bognor Regis, West Sussex PO21 2NY2
£190K11/200.09 miFlat 1, Clarehaven Court, Wessex Avenue, Bognor Regis, West Sussex PO21 2QW2
£215K04/210.1 miFlat 11, Marine Park, Nyewood Lane, Bognor Regis, West Sussex PO21 2QN2
£280K12/220.1 miFlat 38, Marine Park, Nyewood Lane, Bognor Regis, West Sussex PO21 2QN2
£205K08/230.12 miFlat 8, Harrington House, Nyewood Lane, Bognor Regis, West Sussex PO21 2UG2
£210K02/230.14 miFlat 3, Red Ridges, Kings Parade, Bognor Regis, West Sussex PO21 2TS2
£184K11/200.17 miFlat 8, Elizabeth Court, Park Terrace, Bognor Regis, West Sussex PO21 2NH2
£180K03/210.19 miFlat 4, Barklye House, Sylvan Way, Bognor Regis, West Sussex PO21 2RS2
£180K12/210.25 mi68, Rock Gardens, Bognor Regis, West Sussex PO21 2LF2
£245K11/230.25 mi58, Rock Gardens, Bognor Regis, West Sussex PO21 2LF2
£367K12/200.26 mi2, Norfolk Place, Bognor Regis, West Sussex PO21 1XF2
£210K09/210.27 mi100, Kyoto Court, Bognor Regis, West Sussex PO21 2UJ2
£110K06/230.27 mi10, Kyoto Court, Bognor Regis, West Sussex PO21 2UJ2
£170K02/210.3 miFlat 12, Courtfield House, Hambledon Place, Bognor Regis, West Sussex PO21 2NF2
£365K06/230.31 mi6, Burngreave Court, Bognor Regis, West Sussex PO21 2TZ2
£182K05/230.33 mi42, Kyoto Court, Bognor Regis, West Sussex PO21 2UL2
£140K03/210.33 mi66, Kyoto Court, Bognor Regis, West Sussex PO21 2UL2
£230K01/210.33 miFlat 5, Swansea House, West Street, Bognor Regis, West Sussex PO21 1XH2
£120K04/210.33 mi10, Kyoto Court, Bognor Regis, West Sussex PO21 2UJ2
£152K05/210.39 miFlat 1, Arlington Mews, Scott Street, Bognor Regis, West Sussex PO21 1FE2
£160K06/210.4 miFlat 24, Gilwynes Court, Gilwynes, Bognor Regis, West Sussex PO21 3SQ2
£245K07/230.41 miFlat 5, Steyne Hall, The Steyne, Bognor Regis, West Sussex PO21 1TX2
£175K11/210.41 miFlat 6, Sutherland Court, Sutherland Close, Bognor Regis, West Sussex PO21 1DX2
£170K06/210.44 miFlat 2, Gothic House, The Steyne, Bognor Regis, West Sussex PO21 1TP2
£215K01/230.44 mi1, Steyne Street, Bognor Regis, West Sussex PO21 1TJ2
£140K06/210.46 mi3, Manor Place, Bognor Regis, West Sussex PO21 1TB2
£150K11/210.47 miFlat 70, Seaward Court, West Street, Bognor Regis, West Sussex PO21 1XJ2
£120K12/200.47 miFlat 2, Seaward Court, West Street, Bognor Regis, West Sussex PO21 1XJ2
£192K12/200.52 mi2, Parklands Avenue, Bognor Regis, West Sussex PO21 2BA2
£190K07/240.54 miThe Hawthorns, Flat 15, Linden Road, Bognor Regis, West Sussex PO21 2AS2
£170K11/200.56 mi39b, Linden Road, Bognor Regis, West Sussex PO21 2AP2
£218K10/210.57 miFlat 12, Trotyn Croft, Aldwick Felds, Bognor Regis, West Sussex PO21 3TX2
£162K09/230.57 mi6a, Waverley Road, Bognor Regis, West Sussex PO21 5NB2
£310K03/230.63 miFlat 71, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JW2
£196K06/210.63 miFlat 57, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JW2
£185K11/200.63 miFlat 56, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JW2
£250K08/230.63 miFlat 76, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JW2
£220K07/210.65 mi45, Annandale Avenue, Bognor Regis, West Sussex PO21 2ES2
£235K07/240.65 miMountbatten Court, Flat 27, Belmont Street, Bognor Regis, West Sussex PO21 1JN2
£200K03/210.66 miFlat 2, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JN2
£190K10/230.77 miFlat 3, Ravenwood Court, Aldwick Street, Bognor Regis, West Sussex PO21 3AW2
£175K10/230.77 miFlat 8, Ravenwood Court, Aldwick Street, Bognor Regis, West Sussex PO21 3AW2
£115K11/200.78 mi11, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£243.5K02/230.79 miGround Floor Flat, 59, Annandale Avenue, Bognor Regis, West Sussex PO21 2ET2
£135K01/210.79 miFlat 5, Glamis Court, Glamis Street, Bognor Regis, West Sussex PO21 1DR2
£355K06/230.8 miFlat 25, Berkeley Court, The Esplanade, Bognor Regis, West Sussex PO21 1LX2
£330K09/210.8 miFlat 20, Berkeley Court, The Esplanade, Bognor Regis, West Sussex PO21 1LX2
£129K03/210.83 mi11, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£160K11/200.83 mi12, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£200K07/230.83 mi31, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2

Local Rents

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

RentDateDistanceAddressBeds 
£1,25006/240.09 miWood Street, Bognor Regis, West Sussex, PO212
£1,20007/240.09 miNyewood Place, Bognor Regis, PO212
£1,07507/240.11 miRichmond Avenue, Bognor Regis, West Sussex, PO212
£1,10006/240.11 miAldwick Road, BOGNOR REGIS2
£1,10007/240.11 miAldwick Road Bognor Regis PO212
£1,73502/250.12 mi-2
£1,20006/240.13 miMarine Park, Nyewood Lane, Bognor Regis, PO212
£1,17012/240.13 mi-2
£1,25006/240.14 miPrincess Avenue, Aldwick, Bognor Regis, PO212
£1,20006/240.15 miPark Road Bognor Regis PO212
£1,10006/240.15 miPark Road, Bognor Regis, West Sussex, PO212
£1,30006/240.17 miPark Terrace, Bognor Regis2
£1,40007/240.17 miPark Terrace, BOGNOR REGIS2
£1,45006/240.19 miVictoria Road South, Bognor Regis, PO212
£1,30007/240.23 miMarine Parade Aldwick Bognor Regis West Sussex2
£1,05006/240.26 miNorfolk Square, Bognor Regis2
£1,20006/240.27 miGrafton, Norfolk Square, Bognor Regis, PO212
£94506/240.32 miCavendish Road, Bognor Regis2
£95001/250.37 mi-2
£1,10007/240.38 miWest Street, Bognor Regis, West Sussex2
£2,50011/240.39 mi-2
£1,29507/240.41 miRoyal Hotel, The Esplanade, Bognor Regis, PO212
£1,10007/240.44 miThe Steyne, PO212
£1,25007/240.45 miEversley Court, Aldwick Avenue, Bognor Regis, PO212
£1,20006/240.45 miSteyne Street, Bognor Regis, West Sussex, PO212
£1,45006/240.45 miThe Esplanade Bognor Regis PO212
£95007/240.46 miManor Place, Bognor Regis2
£1,49506/240.46 miEversley Court, Aldwick Avenue, Bognor Regis, PO212
£1,60007/240.47 miAldwick 2
£92502/250.47 mi-2
£95007/240.47 miBurnham Avenue, Bognor Regis, PO212
£1,00006/240.47 miBurnham Avenue, BOGNOR REGIS2
£92507/240.55 miFitzleet House Queensway BOGNOR REGIS West Sussex2
£97507/240.55 miFitzleet House Queensway BOGNOR REGIS West Sussex2
£1,15006/240.55 miMerchant Street, Bognor Regis2
£1,05007/240.55 miCanada Grove, Bognor Regis, PO212
£1,17506/240.57 miTrotyn Croft, Aldwick Felds2
£87506/240.59 mi-2
£89502/250.59 mi-2
£89507/240.59 miLinden Road, Bognor Regis, PO212
£85006/240.59 mi-2
£97506/240.62 miRegis House, Richmond Road, Bognor Regis, PO212

Local Area Statistics

Population in PO21

39,509

Population in Bognor Regis

68,380

Town centre distance

0.77 miles away

Nearest school

0.50 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £260,000

January 18, 2025

Floor Plans

Description

  • 2nd Floor Purpose Built Apartment requiring some updating +
  • Large Lounge/Diner and Balcony with Sea Views +
  • 2 Double Bedrooms +
  • Kitchen and Bathroom +
  • Ample Storage +
  • uPVC Double Glazing and Gas Central Heating +
  • Lift to All Floors +
  • Garage +
  • Offered with NO FORWARD CHAIN +
  • Situated within 200 Yards of the Seafront, Local Shops and Bus Routes +

Nestled in the charming area of Aldwick, Bognor Regis, this delightful purpose-built apartment offers a perfect blend of comfort and convenience. Spanning an impressive 827 square feet, the property features 2 Double Bedrooms, making it an ideal choice for couples, small families, or those seeking a peaceful retreat by the coast.

Upon entering, you are welcomed into a spacious and bright Lounge/Diner that provides a warm and inviting atmosphere, perfect for both relaxation and entertaining. There is a door leading to a Private Balcony with panoramic Sea Views. The layout is thoughtfully designed, ensuring that every inch of space is utilised effectively. The apartment also boasts a well-appointed Kitchen and Bathroom, catering to all your daily needs.

Marine Park is surrounded by well-maintained gardens and each floor is accessible by stairs and also a lift.

The surrounding area is known for its tranquil environment, with local amenities and the beautiful coastline just a short distance away. Residents will appreciate the convenience of having a Garage, a valuable asset in this sought-after location.

Whether you are looking to invest in a new home or seeking a rental opportunity, this apartment in Adwick presents an excellent choice. With its appealing features and prime location, it is sure to attract interest from a variety of buyers and renters alike. Do not miss the chance to make this charming apartment your own.

PLEASE NOTE - All dimensions are approximate and are quoted for guidance only. Any floor plans shown are intended to be a general guide to the layout of the property, they are not drawn to scale, and should not be used as a definitive plan. The position of windows, doors and fittings may vary from those shown. References to appliances and/or services do not imply they are in working order or fit for the purpose.

Agent Details

Farndell Estate Agents, Bognor Regis

01243 217445

Next Steps?

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