3 Bed Terraced House, Single Let, Bognor Regis, PO22 8GP, £299,950

17 Blackberry Copse, Felpham, Bognor Regis, PO22 8GP - 2 months ago

BTL
ROI: 2%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£250K - £595K
Sold Prices/m²£2.6K/m² - £5.4K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£359,083
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£74,988

Stamp Duty & Legal Fees

£12,696

Total Cash In

£87,684

 

 

Cash Out

 

Rent Range

£1,300 - £1,800

Rent Estimate

£1,406

Running Costs/mo

£1,239

Cashflow/mo

£167

Cashflow/yr

£2,009

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £250K to £595K, average is £342.5K. £2.6K/m² to £5.4K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£250K02/210.02 mi16, Blackberry Copse, Felpham, Bognor Regis, West Sussex PO22 8GP3
£325K11/230.03 mi32, Wish Field Drive, Felpham, Bognor Regis, West Sussex PO22 8GL3
£345K04/210.06 mi20, Fourteen Acre Avenue, Felpham, Bognor Regis, West Sussex PO22 8GH3
£450K04/240.07 mi21, Normans Drive, Bognor Regis, West Sussex PO22 8LW3
£347.5K01/210.07 mi23, Normans Drive, Bognor Regis, West Sussex PO22 8LW3
£360K04/230.07 mi37, Normans Drive, Bognor Regis, West Sussex PO22 8LW3
£425K11/210.09 mi17, Coniston Close, Bognor Regis, West Sussex PO22 8ND3
£382K09/230.09 mi14, Coniston Close, Bognor Regis, West Sussex PO22 8ND3
£305K10/210.14 mi5, Ullswater Grove, Bognor Regis, West Sussex PO22 8NB3
£575K11/220.15 mi27, Roundle Avenue, Bognor Regis, West Sussex PO22 8LL3
£290K04/210.15 mi17, Cosens Way, Felpham, Bognor Regis, West Sussex PO22 8FG3
£298K06/210.16 mi1, Meaden Way, Felpham, Bognor Regis, West Sussex PO22 8FA3
£318K12/200.16 mi24, Westmorland Drive, Bognor Regis, West Sussex PO22 8LZ3
£350K04/230.16 mi18, Westmorland Drive, Bognor Regis, West Sussex PO22 8LZ3
£338K09/210.18 mi5, Derwent Grove, Bognor Regis, West Sussex PO22 8NE3
£442K08/230.18 mi10, Derwent Grove, Felpham, Bognor Regis, West Sussex PO22 8NE3
£575K12/220.18 mi67, Roundle Avenue, Bognor Regis, West Sussex PO22 8LJ3
£340K01/210.18 mi45, Roundle Avenue, Bognor Regis, West Sussex PO22 8LJ3
£324K11/230.2 mi14, West Brook Way, Felpham, Bognor Regis, West Sussex PO22 8GB3
£278K11/200.22 mi6, Westmorland Drive, Bognor Regis, West Sussex PO22 8LX3
£325K01/210.22 mi2, Westmorland Drive, Bognor Regis, West Sussex PO22 8LX3
£405K11/210.23 mi4, Lindsey Court, Bognor Regis, West Sussex PO22 8JQ3
£365K04/210.25 mi10, Roundle Road, Bognor Regis, West Sussex PO22 8NL3
£595K02/230.26 mi8, Outerwyke Avenue, Bognor Regis, West Sussex PO22 8JH3
£465K04/210.26 mi8, Northwyke Road, Bognor Regis, West Sussex PO22 8QQ3
£440K05/210.26 mi14, Northwyke Road, Bognor Regis, West Sussex PO22 8QQ3
£485K11/210.27 mi37, Firs Avenue, Bognor Regis, West Sussex PO22 8QA3
£355K02/230.27 mi78, Flansham Lane, Bognor Regis, West Sussex PO22 6AH3
£279K11/210.27 mi15, Virginia Gardens, Felpham, Bognor Regis, West Sussex PO22 6BE3
£317.5K05/230.3 mi4, Outerwyke Avenue, Bognor Regis, West Sussex PO22 8JH3
£390K08/210.31 mi3, Flansham Park, Bognor Regis, West Sussex PO22 6QA3
£425K08/230.31 mi19, Walberton Close, Bognor Regis, West Sussex PO22 8HZ3
£400K06/230.32 mi8, Courtlands Way, Bognor Regis, West Sussex PO22 6AW3
£278.5K11/200.32 mi64, Flansham Lane, Bognor Regis, West Sussex PO22 6AH3
£355K06/210.33 mi4, Homefield Avenue, Bognor Regis, West Sussex PO22 6AN3
£350K12/200.34 mi19, Homefield Avenue, Bognor Regis, West Sussex PO22 6AN3
£355K06/210.34 mi4, Homefield Avenue, Bognor Regis, West Sussex PO22 6AN3
£275K11/200.35 mi91, Felpham Way, Bognor Regis, West Sussex PO22 8QB3
£395K11/210.36 mi32, Bridger Close, Felpham, Bognor Regis, West Sussex PO22 8FT3
£305K06/230.36 mi20, Alfriston Close, Bognor Regis, West Sussex PO22 6QB3
£272K12/200.36 mi18, Alfriston Close, Bognor Regis, West Sussex PO22 6QB3
£385K01/240.36 mi15, Alfriston Close, Bognor Regis, West Sussex PO22 6QB3
£310K02/210.36 mi15, Alfriston Close, Bognor Regis, West Sussex PO22 6QB3
£310K04/240.36 mi28, Alfriston Close, Bognor Regis, West Sussex PO22 6QB3
£280K12/200.37 mi1, Haywards Close, Bognor Regis, West Sussex PO22 8HF3
£271K10/200.37 mi5, Haywards Close, Bognor Regis, West Sussex PO22 8HF3
£275K08/210.37 mi11, Pennyfields, Bognor Regis, West Sussex PO22 6BN3
£300K11/200.37 mi9, Pennyfields, Bognor Regis, West Sussex PO22 6BN3
£313.4K08/210.37 mi19, Pennyfields, Bognor Regis, West Sussex PO22 6BN3
£262.5K02/210.37 mi8, Pennyfields, Bognor Regis, West Sussex PO22 6BN3

Local Rents

10 rents from £1.3K/mo to £1.8K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,45007/240.02 miBlackberry Copse, Felpham3
£1,70007/240.13 miThistle Copse Felpham PO223
£1,60009/240.25 miOuterwyke Road, Bognor Regis3
£1,55007/240.26 miBay Bridge Crescent, St Marys Close, PO223
£1,80006/240.26 miNorthwyke Road, BOGNOR REGIS3
£1,40006/240.37 miHaywards Close, Bognor Regis, PO223
£1,45009/240.48 miGlynde Crescent, Felpham3
£1,55001/250.53 mi-3
£1,30007/240.54 miFindon Drive, PO223
£1,45007/240.56 miPoulner Close, Felpham3

Local Area Statistics

Population in PO22

28,866

Population in Bognor Regis

68,380

Town centre distance

1.61 miles away

Nearest school

0.40 miles away

Nearest train station

1.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £299,950

January 22, 2025

Floor Plans

Description

The Blakes Mead estate has matured into a popular and well-established community, appealing to a wide range of buyers. This 3 BEDROOM MID-TERRACE HOUSE offers an excellent opportunity for first-time buyers, investors, or those looking to downsize. Featuring a carport for convenient parking and a low-maintenance rear garden, the property is ideal for those seeking a home with practicality and ease of upkeep.Located within easy reach of the nearby villages of Felpham and Middleton-on-Sea, you’ll find a variety of local shops, with Felpham also offering schools, a Leisure Centre, a Swimming Pool, and a Golf Club. For additional amenities, Bognor Regis is just 3.5 miles to the west, providing a mainline railway station and a wider selection of shops.If this sounds like your next home, contact May's to arrange a viewing today!

Agent Details

May's, Felpham

020 3869 5882

Next Steps?

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