2 Bed Detached House, Single Let, Bognor Regis, PO21 2RS, £220,000

Sylvan Way, Bognor Regis, West Sussex, PO21 2RS - 2 months ago

Sold STC
BTL
~68 m²
+11 photos

ValuationUndervalued

Sold Prices£132.5K - £465K
Sold Prices/m²£1.9K/m² - £7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£242,626
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£850 - £2,500

Rent Estimate

£895

Running Costs/mo

£887

Cashflow/mo

£9

Cashflow/yr

£102

ROI

0%

Gross Yield

5%

Local Sold Prices

49 sold prices from £132.5K to £465K, average is £270K. £1.9K/m² to £7K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£315K01/230.13 mi16, Wood Street, Bognor Regis, West Sussex PO21 2PJ2
£330K06/230.13 mi97, Kyoto Court, Bognor Regis, West Sussex PO21 2UJ2
£287K06/210.13 mi92, Kyoto Court, Bognor Regis, West Sussex PO21 2UJ2
£265K12/230.13 mi94, Kyoto Court, Bognor Regis, West Sussex PO21 2UJ2
£380K12/220.16 mi7, Burngreave Court, Bognor Regis, West Sussex PO21 2TZ2
£300K11/200.17 mi22, Burngreave Court, Bognor Regis, West Sussex PO21 2TZ2
£290K12/220.17 mi10, Burngreave Court, Bognor Regis, West Sussex PO21 2TZ2
£215K01/210.17 mi108c, Aldwick Road, Bognor Regis, West Sussex PO21 2PD2
£254K12/200.17 mi46, Victoria Road, Bognor Regis, West Sussex PO21 2JF2
£273K07/210.2 mi20, St Winifreds Close, Bognor Regis, West Sussex PO21 2JX2
£415K01/230.24 miHalcyon, Richmond Avenue West, Bognor Regis, West Sussex PO21 2YG2
£277K08/210.26 mi45, Westingway, Bognor Regis, West Sussex PO21 2XX2
£335K12/220.26 mi45, Westingway, Bognor Regis, West Sussex PO21 2XX2
£209K07/210.35 mi48, Steyne Street, Bognor Regis, West Sussex PO21 1TJ2
£220K09/230.35 miEstevan Cottage, Chapel Street, Bognor Regis, West Sussex PO21 1PH2
£385K09/230.37 mi1, Heghbrok Way, Bognor Regis, West Sussex PO21 2RF2
£158K05/210.42 miEstevan Cottage, Chapel Street, Bognor Regis, West Sussex PO21 1PH2
£235K05/230.43 mi21, Crescent Road, Bognor Regis, West Sussex PO21 1QG2
£132.5K09/230.43 mi40, Monterey Gardens, Bognor Regis, West Sussex PO21 2FY2
£310K01/210.45 mi20, Havelock Road, Bognor Regis, West Sussex PO21 2EZ2
£315K09/230.47 mi26, Mayfield Road, Bognor Regis, West Sussex PO21 5NA2
£295K11/230.47 mi16, Mayfield Road, Bognor Regis, West Sussex PO21 5NA2
£307.5K11/230.47 mi17, Mayfield Road, Bognor Regis, West Sussex PO21 5NA2
£210K12/220.5 mi19, Wadhurst Close, Bognor Regis, West Sussex PO21 5LD2
£250K08/230.5 mi21, Wadhurst Close, Bognor Regis, West Sussex PO21 5LD2
£210K07/240.5 mi18, Wadhurst Close, Bognor Regis, West Sussex PO21 5LD2
£215K12/210.54 mi6, Bramber Close, Bognor Regis, West Sussex PO21 5PF2
£340K09/200.54 mi20, Faresmead, Bognor Regis, West Sussex PO21 3DQ2
£215K09/210.55 mi11, Bramber Close, Bognor Regis, West Sussex PO21 5PF2
£198K05/210.55 mi15, Bramber Close, Bognor Regis, West Sussex PO21 5PF2
£250K08/230.6 mi46, Essex Road, Bognor Regis, West Sussex PO21 2BU2
£220K05/210.6 mi46, Essex Road, Bognor Regis, West Sussex PO21 2BU2
£222K01/210.6 mi3, Essex Road, Bognor Regis, West Sussex PO21 2BU2
£265K10/230.6 mi14, Essex Road, Bognor Regis, West Sussex PO21 2BU2
£212.5K03/210.6 mi8, Gibson Way, Bognor Regis, West Sussex PO21 1AW2
£250K06/210.61 mi33, Mons Avenue, Bognor Regis, West Sussex PO21 5JN2
£276K11/220.62 mi20, Cheshire Close, Bognor Regis, West Sussex PO21 1YA2
£262.5K01/230.62 mi3, Lewes Close, Bognor Regis, West Sussex PO21 5PQ2
£270K12/220.62 mi18, Lewes Close, Bognor Regis, West Sussex PO21 5PQ2
£210K08/230.62 mi106, Longford Road, Bognor Regis, West Sussex PO21 1AF2
£465K11/230.63 mi1, Trinity Way, Bognor Regis, West Sussex PO21 5RQ2
£222.5K03/210.65 mi13, Henry Street, Bognor Regis, West Sussex PO21 1AR2
£270K12/210.66 mi12, Murina Avenue, Bognor Regis, West Sussex PO21 2DA2
£270K11/230.67 miBeaumont, Town Cross Avenue, Bognor Regis, West Sussex PO21 2DS2
£420K02/210.68 mi3, Mauldmare Close, Bognor Regis, West Sussex PO21 3SB2
£395K06/210.69 mi15, Cambridge Drive, Bognor Regis, West Sussex PO21 5RJ2
£465K05/240.73 mi3, Exeter Close, Bognor Regis, West Sussex PO21 5QY2
£379.9K04/210.74 mi30, Christchurch Crescent, Bognor Regis, West Sussex PO21 5SP2
£330K12/200.75 mi28, Christchurch Crescent, Bognor Regis, West Sussex PO21 5SP2

Local Rents

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

RentDateDistanceAddressBeds 
£1,17012/240.06 mi-2
£1,20007/240.11 miNyewood Place, Bognor Regis, PO212
£1,25006/240.13 miWood Street, Bognor Regis, West Sussex, PO212
£1,07507/240.14 miRichmond Avenue, Bognor Regis, West Sussex, PO212
£1,10006/240.19 miAldwick Road, BOGNOR REGIS2
£1,10007/240.19 miAldwick Road Bognor Regis PO212
£1,05006/240.23 miNorfolk Square, Bognor Regis2
£1,10006/240.24 miPark Road, Bognor Regis, West Sussex, PO212
£1,20006/240.24 miPark Road Bognor Regis PO212
£94506/240.24 miCavendish Road, Bognor Regis2
£1,20006/240.25 miGrafton, Norfolk Square, Bognor Regis, PO212
£1,30006/240.27 miPark Terrace, Bognor Regis2
£1,45006/240.27 miVictoria Road South, Bognor Regis, PO212
£1,40007/240.27 miPark Terrace, BOGNOR REGIS2
£1,30007/240.28 miMarine Parade Aldwick Bognor Regis West Sussex2
£95001/250.29 mi-2
£92502/250.3 mi-2
£95007/240.3 miBurnham Avenue, Bognor Regis, PO212
£1,73502/250.3 mi-2
£1,20006/240.3 miMarine Park, Nyewood Lane, Bognor Regis, PO212
£1,00006/240.31 miBurnham Avenue, BOGNOR REGIS2
£1,10007/240.32 miWest Street, Bognor Regis, West Sussex2
£1,25006/240.33 miPrincess Avenue, Aldwick, Bognor Regis, PO212
£1,20006/240.35 miSteyne Street, Bognor Regis, West Sussex, PO212
£2,50011/240.36 mi-2
£1,10007/240.39 miThe Steyne, PO212
£1,29507/240.39 miRoyal Hotel, The Esplanade, Bognor Regis, PO212
£1,05007/240.4 miCanada Grove, Bognor Regis, PO212
£95007/240.41 miManor Place, Bognor Regis2
£1,15006/240.41 miMerchant Street, Bognor Regis2
£1,45006/240.42 miThe Esplanade Bognor Regis PO212
£87506/240.43 mi-2
£89502/250.43 mi-2
£89507/240.43 miLinden Road, Bognor Regis, PO212
£85006/240.43 mi-2
£92507/240.43 miFitzleet House Queensway BOGNOR REGIS West Sussex2
£97507/240.43 miFitzleet House Queensway BOGNOR REGIS West Sussex2
£1,25007/240.44 miVictoria Drive, Bognor Regis, West Sussex, PO212
£97506/240.47 miRegis House, Richmond Road, Bognor Regis, PO212
£97507/240.49 miLongford Road, BOGNOR REGIS2
£1,40006/240.5 miPevensey Road Bognor Regis PO212
£1,15007/240.52 mi-2
£1,15007/240.52 mi-2
£1,05007/240.52 miLongford Road, Bognor Regis, West Sussex, PO212
£99512/240.54 mi-2
£1,00002/250.55 mi-2
£1,00007/240.55 miHills Court, Bognor Regis, PO212
£1,25006/240.56 miBelmont Street, Bognor Regis, PO21 1JW2
£99506/240.57 miOakwood Court, Victoria Drive, Bognor Regis, PO212
£1,10006/240.57 miLondon Road, Bognor Regis2
£1,20006/240.6 miLyon Street, Bognor Regis2

Local Area Statistics

Population in PO21

39,509

Population in Bognor Regis

68,380

Town centre distance

0.60 miles away

Nearest school

0.50 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £220,000

January 29, 2025

Floor Plans

Description

  • Well Presented First Floor Apartment +
  • 2 Double Bedrooms +
  • Living Room With South Facing Balcony +
  • Fitted Kitchen +
  • Family Bathroom +
  • Communal Gardens +
  • Allocated Parking Space +

Forming part of this substantial detached character property, is this well presented first floor apartment. The accommodation briefly comprises, entrance hall, two double bedrooms, living room with south facing balcony, open plan to the modern fitted kitchen and a separate family bathroom.

The apartment further benefits from a share of the freehold, gas fired central heating, communal gardens and an allocated parking space. An internal viewing is essential to appreciate all the apartment has to offer.

The property is situated close to the Aldwick Road shops, cafes, amenities and the seafront. Bognor Regis town centre is also within easy reach, where a mainline railway station to London Victoria can be found. There are also excellent road links to the Cathedral City of Chichester 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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