2 Bed Flat, Single Let, Bognor Regis, PO21 1AQ, £170,000

Longford Road, Bognor Regis, West Sussex, PO21 1AQ - a month ago

Leasehold
BTL
ROI: 4%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£55K - £310K
Sold Prices/m²£1.5K/m² - £6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£177,917
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£850 - £1,400

Rent Estimate

£895

Running Costs/mo

£730

Cashflow/mo

£165

Cashflow/yr

£1,977

ROI

4%

Gross Yield

6%

Local Sold Prices

49 sold prices from £55K to £310K, average is £170K. £1.5K/m² to £6K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£170K11/200.11 mi39b, Linden Road, Bognor Regis, West Sussex PO21 2AP2
£220K07/210.14 mi45, Annandale Avenue, Bognor Regis, West Sussex PO21 2ES2
£190K07/240.17 miThe Hawthorns, Flat 15, Linden Road, Bognor Regis, West Sussex PO21 2AS2
£243.5K02/230.18 miGround Floor Flat, 59, Annandale Avenue, Bognor Regis, West Sussex PO21 2ET2
£115K11/200.23 mi11, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£135K01/210.23 miFlat 5, Glamis Court, Glamis Street, Bognor Regis, West Sussex PO21 1DR2
£129K03/210.25 mi11, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£160K11/200.25 mi12, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£200K07/230.25 mi31, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£180K12/230.25 mi3, Carlingford Court, Bognor Regis, West Sussex PO21 2EN2
£192K12/200.27 mi2, Parklands Avenue, Bognor Regis, West Sussex PO21 2BA2
£175K11/210.28 miFlat 6, Sutherland Court, Sutherland Close, Bognor Regis, West Sussex PO21 1DX2
£215K01/230.31 mi1, Steyne Street, Bognor Regis, West Sussex PO21 1TJ2
£150K11/210.33 miFlat 70, Seaward Court, West Street, Bognor Regis, West Sussex PO21 1XJ2
£120K12/200.33 miFlat 2, Seaward Court, West Street, Bognor Regis, West Sussex PO21 1XJ2
£135K03/210.35 mi23, Sudley Gardens, Bognor Regis, West Sussex PO21 1HY2
£160K11/210.35 mi12, Sudley Gardens, Bognor Regis, West Sussex PO21 1HY2
£120K12/220.35 mi15, Sudley Gardens, Bognor Regis, West Sussex PO21 1HY2
£176K12/200.35 miFlat 2, Fraser Court, High Street, Bognor Regis, West Sussex PO21 1HG2
£225K12/220.36 mi4 Spencer Terrace, 45, Upper Bognor Road, Bognor Regis, West Sussex PO21 1HS2
£240K04/240.36 mi9 Spencer Terrace, 47, Upper Bognor Road, Bognor Regis, West Sussex PO21 1HS2
£137.5K03/210.36 miFlat 27, Melanies Gardens, Mead Lane, Bognor Regis, West Sussex PO21 1LS2
£152K05/210.37 miFlat 1, Arlington Mews, Scott Street, Bognor Regis, West Sussex PO21 1FE2
£130K12/220.37 miFlat 44, Claremont Court, Campbell Road, Bognor Regis, West Sussex PO21 1HD2
£127K11/200.37 miFlat 8, Claremont Court, Campbell Road, Bognor Regis, West Sussex PO21 1HD2
£110K09/230.37 miFlat 12, Claremont Court, Campbell Road, Bognor Regis, West Sussex PO21 1HD2
£142.5K05/210.37 miFlat 12, Regis Court, High Street, Bognor Regis, West Sussex PO21 1HZ2
£153K11/200.38 miFlat 18, Regis Court, High Street, Bognor Regis, West Sussex PO21 1HZ2
£170K02/210.38 miFlat 12, Courtfield House, Hambledon Place, Bognor Regis, West Sussex PO21 2NF2
£160K12/220.38 miFlat 2, Regis Court, High Street, Bognor Regis, West Sussex PO21 1HZ2
£310K03/230.39 miFlat 71, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JW2
£196K06/210.39 miFlat 57, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JW2
£185K11/200.39 miFlat 56, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JW2
£250K08/230.39 miFlat 76, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JW2
£200K03/210.39 miFlat 2, Mountbatten Court, Belmont Street, Bognor Regis, West Sussex PO21 1JN2
£223K12/230.39 miFlat 19, Arran Gate, Marian Way, Bognor Regis, West Sussex PO21 1PD2
£235K07/240.4 miMountbatten Court, Flat 27, Belmont Street, Bognor Regis, West Sussex PO21 1JN2
£205K09/210.4 miFlat 1, Sabey Court, Albert Road, Bognor Regis, West Sussex PO21 1LU2
£200K12/230.4 miSabey Court, Flat 5, Albert Road, Bognor Regis, West Sussex PO21 1LU2
£230K02/240.4 miSabey Court, Flat 1, Albert Road, Bognor Regis, West Sussex PO21 1LU2
£170K06/210.41 miFlat 2, Gothic House, The Steyne, Bognor Regis, West Sussex PO21 1TP2
£140K06/210.43 mi3, Manor Place, Bognor Regis, West Sussex PO21 1TB2
£245K07/230.43 miFlat 5, Steyne Hall, The Steyne, Bognor Regis, West Sussex PO21 1TX2
£230K01/210.44 miFlat 5, Swansea House, West Street, Bognor Regis, West Sussex PO21 1XH2
£70K12/200.44 miFlat 42, Sovereign Court, Campbell Road, Bognor Regis, West Sussex PO21 1AH2
£110K10/230.44 miFlat 8, Sovereign Court, Campbell Road, Bognor Regis, West Sussex PO21 1AH2
£105K02/210.44 miFlat 55, Sovereign Court, Campbell Road, Bognor Regis, West Sussex PO21 1AH2
£95K08/210.44 miFlat 8, Sovereign Court, Campbell Road, Bognor Regis, West Sussex PO21 1AH2
£55K09/230.44 miFlat 66, Sovereign Court, Campbell Road, Bognor Regis, West Sussex PO21 1AH2

Local Rents

51 rents from £850/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£97507/240 miLongford Road, BOGNOR REGIS2
£1,05007/240.06 miLongford Road, Bognor Regis, West Sussex, PO212
£89507/240.08 miLinden Road, Bognor Regis, PO212
£87506/240.08 mi-2
£89502/250.08 mi-2
£85006/240.08 mi-2
£97506/240.1 miRegis House, Richmond Road, Bognor Regis, PO212
£99512/240.11 mi-2
£1,00002/250.11 mi-2
£1,00007/240.11 miHills Court, Bognor Regis, PO212
£1,15007/240.12 mi-2
£1,15007/240.12 mi-2
£1,30007/240.12 miBognor Regis2
£1,05007/240.14 miCanada Grove, Bognor Regis, PO212
£97502/250.14 mi-2
£1,15006/240.17 miMerchant Street, Bognor Regis2
£1,00006/240.18 miBurnham Avenue, BOGNOR REGIS2
£1,25007/240.19 miVictoria Drive, Bognor Regis, West Sussex, PO212
£99506/240.19 miOakwood Court, Victoria Drive, Bognor Regis, PO212
£95007/240.19 miBurnham Avenue, Bognor Regis, PO212
£92502/250.19 mi-2
£1,10006/240.2 miHenry Street, Bognor Regis, PO212
£1,20006/240.21 miLyon Street, Bognor Regis2
£92507/240.23 miFitzleet House Queensway BOGNOR REGIS West Sussex2
£97507/240.23 miFitzleet House Queensway BOGNOR REGIS West Sussex2
£1,02502/250.25 mi-2
£99506/240.25 miCarlingford Court, Bognor Regis2
£1,10006/240.25 miCarlingford Court2
£99506/240.25 miGlamis Street, Bognor Regis, PO212
£1,10002/250.25 mi-2
£1,20007/240.28 miSudley Road, Bognor Regis, West Sussex, PO212
£1,40006/240.28 miParkside, Upper Bognor Road, Bognor Regis, PO212
£1,20006/240.3 miSteyne Street, Bognor Regis, West Sussex, PO212
£1,10006/240.3 miLondon Road, Bognor Regis2
£1,05007/240.33 miEssex Road, BOGNOR REGIS2
£1,27507/240.34 miHigh Street, Bognor Regis2
£1,19506/240.34 miSudley Gardens, Bognor Regis2
£1,25007/240.35 miSudley Gardens, Bognor Regis, PO21 1HY2
£1,00006/240.35 miSudley Gardens, Bognor Regis, West Sussex, PO212
£95001/250.36 mi-2
£1,15006/240.37 miEssex Road, Bognor Regis, PO212
£94506/240.38 miCavendish Road, Bognor Regis2
£1,00006/240.38 miRegis Court, Bognor Regis2
£1,25006/240.39 miBelmont Street, Bognor Regis, PO21 1JW2
£1,30003/250.39 mi-2
£1,15006/240.4 mi-2
£1,20008/240.4 miMead Lane, Bognor Regis, PO222
£1,30006/240.4 miCampbell Road, Bognor Regis2
£1,10007/240.4 miWest Street, Bognor Regis, West Sussex2
£1,10007/240.41 miThe Steyne, PO212
£95007/240.43 miManor Place, Bognor Regis2

Local Area Statistics

Population in PO21

39,509

Population in Bognor Regis

68,380

Town centre distance

0.12 miles away

Nearest school

0.20 miles away

Nearest train station

0.06 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £170,000

February 3, 2025

Floor Plans

Description

  • No Chain +
  • Ground Floor Apartment +
  • Long Lease +
  • Two Double Bedrooms +
  • Bathroom & En-suite +
  • Spacious Living/Dining Room +
  • Separate Kitchen +
  • 100m From Train Station +
  • Walking Distance To Beach & Town Centre +
  • Ideal Investment or First Time Purchase +

Located 100m from Bognor Train Station we have this fantastic sized two double bedroom ground floor apartment.

The owners are offer the property with no chain to help with a quick sale.

The accommodation comprises of a spacious living/dining room with bay window and a well equipped kitchen. Both bedrooms are good sized double rooms, the master bedroom having the added benefit of an en-suite. There is another bathroom and a spacious hall with cupboard space and a great feature mirror.

Within walking distance is Bognor Town Centre, Train Station with links to London Victoria and a short walk away from the beach.

Lease: Roughly 135 years
Service Charge: TBC
Ground Rent: TBC

Agent Notes-

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 insurance to protect against the cost of an abortive purchase.

Agent Details

Leaders Sales, Bognor Regis

01243 973384

Next Steps?

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