2 Bed Semi-Detached House, Single Let, Bognor Regis, PO22 8GL, £250,000

Wish Field Drive, Felpham, Bognor Regis, PO22 8GL - 2 months ago

Sold STC
BTL
~68 m²
+7 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£875 - £1,600

Rent Estimate

£950

Running Costs/mo

£991

Cashflow/mo

£-41

Cashflow/yr

£-495

Gross Yield

5%













Local Rents

17 rents from £875/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20009/240.21 miSloe Gardens, Felpham2
£1,30009/240.21 miFelpham2
£1,20006/240.23 miFelpham2
£1,30007/240.28 miStanhorn Grove, Felpham2
£95007/240.28 miOuterwyke Road, Felpham2
£1,60005/240.29 mi-2
£1,20006/240.3 miSanctuary Gardens, Felpham, Bognor Regis2
£95006/240.32 miOuterwyke Road Felpham Bognor Regis West Sussex2
£1,10007/240.35 miNorthwyke Close, Bognor Regis2
£1,10007/240.35 miNorthwyke Close, Bognor Regis2
£1,15007/240.4 miFittleworth Drive, BOGNOR REGIS2
£87506/240.41 miFelpham Way, Felpham2
£1,40007/240.47 miGlynde Crescent, Bognor Regis, West Sussex, PO222
£1,40007/240.5 miWroxham Way, Felpham, Bognor Regis2
£1,25008/240.56 miHenfield Way, Felpham, Bognor Regis, PO222
£1,25008/240.57 miHenfield Way, Bognor Regis, PO222
£1,20007/240.6 miBaldwin Close, Bognor Regis2

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

1.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £250,000

January 29, 2025

Floor Plans

Description

  • No Chain +
  • Two Double Bedroom Coach House +
  • Freehold +
  • Open Plan Living/Dining/Kitchen +
  • Juliette Balcony +
  • Modern Bathroom +
  • Garage & Parking Space +
  • Walking Distance To Amenities & Local School +

*Offered With No Chain*

Here we have a brilliant two bedroom coach house that is situated on the popular Fourteen Acres development that was constructed in 2012 and conveniently located within walking distance of the village and further onto the beach and seafront.

The coach house comprises of a welcoming entrance hall with stairs to the first-floor landing and all accommodation. The light and spacious living/dining room with Juliette balcony opens to the modern fitted kitchen.

The master bedroom benefits from an en-suite shower room and the second bedroom is another double room. To complete this brilliant property you have a modern family bathroom.

At the rear of the property is the single garage, which has an up and over door, power and light.

The property benefits from having the freehold which gives extra security for any potential purchasers.

Sales Disclaimer:

Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £80 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection.

‘’These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.’’

Agent Details

Leaders Sales, Bognor Regis

01243 973384

Next Steps?

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