2 Bed Flat, Single Let, Bognor Regis, PO22 7SS, £285,000

7 Greenfields, Middleton-On-Sea, PO22 7SS - a month ago

BTL
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£98K - £330K
Sold Prices/m²£1.9K/m² - £5.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.2K/m²

Value Estimate

£199,758

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£11,500

Total Cash In

£82,750

 

 

Cash Out

 

Rent Range

£825 - £1,600

Rent Estimate

£838

Running Costs/mo

£1,078

Cashflow/mo

£-240

Cashflow/yr

£-2,883

Gross Yield

4%

Local Sold Prices

23 sold prices from £98K to £330K, average is £165K. £1.9K/m² to £5.2K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£275K06/230.01 mi11, Greenfields, Bognor Regis, West Sussex PO22 7SS2
£285K06/230.01 mi14, Greenfields, Bognor Regis, West Sussex PO22 7SS2
£116K03/210.06 miFlat 67, Buckingham Court, Shrubbs Drive, Bognor Regis, West Sussex PO22 7SF2
£98K03/210.06 miFlat 77, Buckingham Court, Shrubbs Drive, Bognor Regis, West Sussex PO22 7SF2
£150K05/230.06 miFlat 60, Buckingham Court, Shrubbs Drive, Bognor Regis, West Sussex PO22 7SF2
£164.5K07/210.1 miFlat 26, St Nicholas Court, Elmer Road, Bognor Regis, West Sussex PO22 6ES2
£180K01/230.13 mi42, Kingfisher Court, Bognor Regis, West Sussex PO22 7ST2
£165K07/230.13 mi11, Kingfisher Court, Bognor Regis, West Sussex PO22 7ST2
£117K10/210.13 mi15, Kingfisher Court, Bognor Regis, West Sussex PO22 7ST2
£140K07/230.13 mi17, Kingfisher Court, Bognor Regis, West Sussex PO22 7ST2
£125K08/230.13 mi45, Kingfisher Court, Bognor Regis, West Sussex PO22 7ST2
£150K12/220.13 mi22, Kingfisher Court, Bognor Regis, West Sussex PO22 7ST2
£159.5K12/200.16 mi7, Nightingale Court, Bognor Regis, West Sussex PO22 7SU2
£124K05/230.21 mi15, Satinwood Close, Bognor Regis, West Sussex PO22 6SB2
£330K12/220.33 mi30, Thompson Road, Bognor Regis, West Sussex PO22 7UG2
£317.5K01/210.39 mi7, Freya Close, Bognor Regis, West Sussex PO22 7UQ2
£300K09/230.39 mi6, Freya Close, Bognor Regis, West Sussex PO22 7UQ2
£317.5K01/210.39 mi7, Freya Close, Bognor Regis, West Sussex PO22 7UQ2
£282.5K06/210.39 mi15, Freya Close, Bognor Regis, West Sussex PO22 7UQ2
£164K01/210.41 mi92a, Elmer Road, Bognor Regis, West Sussex PO22 6EX2
£250K02/230.74 mi6, Lionel Avenue, Bognor Regis, West Sussex PO22 8LF2
£188K11/200.81 miFlat 4, Norwood Court, Northwyke Close, Bognor Regis, West Sussex PO22 8QP2
£169.9K12/230.82 mi5, Northwyke Close, Bognor Regis, West Sussex PO22 8QH2

Local Rents

25 rents from £825/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,25007/240.18 miSilver Birch Drive, Middleton On Sea, Bognor Regis, PO222
£1,20007/240.18 miSilver Birch Drive, Middleton On Sea, Bognor Regis, PO222
£1,19507/240.2 miHarefield Gardens, Middleton on Sea2
£1,22508/240.25 miMiddleton-On-Sea2
£1,20007/240.3 miAlfred Close, Bognor Regis2
£97507/240.41 miElmer Road, BOGNOR REGIS2
£1,20007/240.41 miBaldwin Close, Bognor Regis2
£1,25008/240.45 miHenfield Way, Bognor Regis, PO222
£1,25008/240.45 miHenfield Way, Felpham, Bognor Regis, PO222
£1,20012/240.65 mi-2
£1,15007/240.69 miFittleworth Drive, BOGNOR REGIS2
£1,20009/240.8 miSloe Gardens, Felpham2
£82502/250.81 mi-2
£89502/250.81 mi-2
£1,10007/240.82 miNorthwyke Close, Bognor Regis2
£1,10007/240.82 miNorthwyke Close, Bognor Regis2
£1,29506/240.95 miSouthview Road, Bognor Regis, PO222
£87506/240.97 miFelpham Way, Felpham2
£1,29506/241.04 miSummerley Point, Summerley Lane, Felpham, PO222
£95007/241.15 miOuterwyke Road, Felpham2
£1,60005/241.16 mi-2
£1,40007/241.19 miGlynde Crescent, Bognor Regis, West Sussex, PO222
£95006/241.19 miOuterwyke Road Felpham Bognor Regis West Sussex2
£1,30009/241.2 miFelpham2
£1,20006/241.21 miFelpham2

Local Area Statistics

Population in PO22

28,866

Population in Bognor Regis

68,380

Town centre distance

2.42 miles away

Nearest school

0.60 miles away

Nearest train station

2.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £285,000

February 7, 2025

Floor Plans

Description

  • Chain Free +
  • Ground Floor Apartment +
  • Two Bedrooms +
  • En-Suite Shower Room +
  • Family Bathroom +
  • South Facing Patio +
  • Garage in Compound +
  • Sought After Development +
  • Share of Freehold +

A TWO BEDROOM GROUND FLOOR apartment in the heart of MIDDLETON Village with a GARAGE.

Agent Details

Sims Williams, Bognor Regis

01243 215658

Next Steps?

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