2 Bed Semi-Detached House, Single Let, Polegate, BN26 5BJ, £250,000

48 High Street, Polegate, East Sussex, BN26 6AG - 3 months ago

BTL
ROI: 1%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£200K - £445K
Sold Prices/m²£3K/m² - £6.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£307,500
BMV23%

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

£975 - £1,395

Rent Estimate

£1,109

Running Costs/mo

£1,023

Cashflow/mo

£86

Cashflow/yr

£1,031

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £200K to £445K, average is £310K. £3K/m² to £6.6K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£247.5K03/230.05 mi14, Heron Ridge, Polegate, East Sussex BN26 5BJ2
£330K07/220.06 mi2, Otteham Close, Polegate, East Sussex BN26 5AZ2
£445K06/230.11 mi12, Nursery Close, Polegate, East Sussex BN26 6JY2
£315K09/230.11 mi14, East Close, Polegate, East Sussex BN26 6HE2
£285K09/210.13 mi22, Junction Street, Polegate, East Sussex BN26 6ET2
£265K01/230.13 mi8, Southern Avenue, Polegate, East Sussex BN26 6EZ2
£304K05/210.13 mi14, Southern Avenue, Polegate, East Sussex BN26 6EZ2
£270.5K10/220.14 mi7, East Close, Polegate, East Sussex BN26 6HE2
£322.5K08/230.15 mi53, Windmill Road, Polegate, East Sussex BN26 5BQ2
£311K05/230.15 mi63, Windmill Road, Polegate, East Sussex BN26 5BQ2
£310K02/230.15 mi30, Central Avenue, Polegate, East Sussex BN26 6HA2
£265K07/240.16 mi25, Dover Road, Polegate, East Sussex BN26 6LE2
£263.4K08/240.17 mi18, Dover Road, Polegate, East Sussex BN26 6LB2
£327.5K05/240.17 mi75, Brightling Road, Polegate, East Sussex BN26 5AX2
£290K09/230.17 mi67, Brightling Road, Polegate, East Sussex BN26 5AX2
£315K05/210.17 mi81, Brightling Road, Polegate, East Sussex BN26 5AX2
£325K05/210.17 mi69, Brightling Road, Polegate, East Sussex BN26 5AX2
£308K02/210.17 mi99, Brightling Road, Polegate, East Sussex BN26 5AX2
£315K02/210.17 mi95, Brightling Road, Polegate, East Sussex BN26 5AX2
£380K09/230.17 mi78, Brightling Road, Polegate, East Sussex BN26 5AX2
£315.5K07/210.17 mi6, Dover Road, Polegate, East Sussex BN26 6LA2
£350K02/230.17 mi6, Dover Road, Polegate, East Sussex BN26 6LA2
£255K11/230.17 mi63, Station Road, Polegate, East Sussex BN26 6EA2
£205K08/240.19 mi9, New Road, Polegate, East Sussex BN26 6ER2
£258K07/230.19 mi12, Eastern Avenue, Polegate, East Sussex BN26 6HF2
£230K06/230.19 mi18, Eastern Avenue, Polegate, East Sussex BN26 6HF2
£285K09/220.19 mi4, Eastern Avenue, Polegate, East Sussex BN26 6HF2
£350K10/230.19 mi24, Eastern Avenue, Polegate, East Sussex BN26 6HF2
£300K11/220.19 mi26, Chestnut Drive, Polegate, East Sussex BN26 5AN2
£200K02/210.2 mi24, Western Avenue, Polegate, East Sussex BN26 6EP2
£320K11/210.2 mi41, Pevensey Road, Polegate, East Sussex BN26 6HN2
£270K04/240.21 mi33, Central Avenue, Polegate, East Sussex BN26 6HA2
£392.5K06/230.22 mi37, Dover Road, Polegate, East Sussex BN26 6LF2
£280K02/210.22 mi37, Dover Road, Polegate, East Sussex BN26 6LF2
£360K03/230.23 mi16, Hastings Close, Polegate, East Sussex BN26 6LD2
£330K04/210.25 mi8a, West Close, Polegate, East Sussex BN26 6EW2
£282.5K01/210.25 mi14, Levett Avenue, Polegate, East Sussex BN26 6LL2
£325K08/230.25 mi4, Spurway Park, Polegate, East Sussex BN26 5DQ2
£320K12/200.25 mi34, Spurway Park, Polegate, East Sussex BN26 5DQ2
£425K08/220.25 mi1, Spurway Park, Polegate, East Sussex BN26 5DQ2
£290K07/230.26 mi40, Windmill Road, Polegate, East Sussex BN26 5BG2
£305K06/240.26 mi9, Windmill Road, Polegate, East Sussex BN26 5BG2
£335K01/230.26 mi48, Westfield Close, Polegate, East Sussex BN26 6EJ2
£242K03/210.26 mi48, Western Avenue, Polegate, East Sussex BN26 6EN2
£320K02/230.27 mi5, West Close, Polegate, East Sussex BN26 6EG2
£302K12/210.27 mi4, West Close, Polegate, East Sussex BN26 6EG2
£280K01/210.27 mi5, West Close, Polegate, East Sussex BN26 6EG2
£387.5K11/230.28 mi26, Rye Close, Polegate, East Sussex BN26 6LT2
£310K03/210.28 mi21, Walnut Walk, Polegate, East Sussex BN26 5AJ2
£353K10/220.28 mi69, Dover Road, Polegate, East Sussex BN26 6LG2

Local Rents

13 rents from £975/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.08 miPorters Way, Polegate2
£1,20003/250.16 mi-2
£1,25012/240.16 mi-2
£1,30003/250.16 mi-2
£1,30012/240.19 miEastern Avenue, Polegate2
£1,39512/240.29 miWestfield Close, Polegate, East Sussex2
£1,20009/240.3 mi-2
£1,30012/240.35 mi-2
£1,12512/240.47 miKensington Way, Polegate, East Sussex, BN262
£1,35003/250.53 mi-2
£1,20012/240.56 miVictoria Road, Polegate2
£1,20009/240.58 mi-2
£97501/250.6 mi-2

Local Area Statistics

Population in BN26

11,451

Town centre distance

0.21 miles away

Nearest school

0.40 miles away

Nearest train station

0.28 miles away

 

 

Rental growth (12m)

+38%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £250,000

February 14, 2025

Floor Plans

Description

  • OFFERS IN EXCESS +
  • Back-to-Back House +
  • Living Room +
  • Modern Kitchen +
  • 2-Bedrooms +
  • New Bathroom +
  • Gas c/h & Dbl glz +
  • Lovely Front Garden +
  • Parking Space +
  • IDEAL FIRST BUY +

SEE OUR 360 VIRTUAL TOUR - IDEAL FOR FTBs - Back-to-Back House - Tastefully Fitted Kitchen - Reception - 2-Bedrooms - Beautifully Tiled Bathroom - Gas Central Heating - Double Glazed Windows - Lovely Front Garden - Parking Space - Conveniently Located For Railway Station.

Considered ideal for first time buyers, a modern 2-bedroomed back-to-back house conveniently located for the High Street and railway station. This nicely presented home features a tastefully fitted double aspect kitchen to include oven, hob and extractor, reception room, built-in wardrobes to bedroom one and a recently fitted and beautifully tiled bathroom. There is gas fired central heating having a modern combi boiler, double glazed windows and outside is a lovely front garden surrounded by picket fencing as well as an adjacent car parking space.

Polegate High Street is within walking distance and has various shops, medical centres, bus services and mainline railway station, connecting to Eastbourne, Brighton and London Victoria. Access to the A27 and A22 is nearby and from Brightling Road, are the William Daley Fields, providing recreational facilities and countryside walks.

Part frosted glazed front door into small entrance lobby.

Living Room - 4.28m x 3.80m (14'0" x 12'5") -

Kitchen - 3.80m x 1.78m (12'5" x 5'10") -

Staircase from the reception room to the first floor landing.

Bedroom 1 - 3.29m x 3.13m max narr to 2.72m (10'9" x 10'3" max -

Bedroom 2 - 2.79m x 1.72m (9'1" x 5'7") -

Bathroom - 1.88m x 1.72m (6'2" x 5'7") -

Front Garden - approx 7.32m x 7.01m (approx 24' x 23') - The property has a delightful front garden surrounded by a low level picket fence having areas of lawn, small flower beds with various plants and some evergreen shrubs, pond, outside storage cupboard and light, front and side gates, and to the side of the property is an outside tap.

The property also has a Car Parking Space situated at the side (number 14).

Council Tax - The property is in Band C. The amount payable for 2024-2025 is £2,216.62. This information is taken from voa.gov.uk

Approximately 47 square feet or 505 square feet.

There is tastefully fitted double aspect kitchen, which includes a Bosch electric oven, ceramic hob and extractor above. The reception room has a cantilevered square bay window having a large display shelf overlooking the front garden and a staircase leading to the first floor, where there is access via a ladder to the loft, housing a recently installed Viessmann combi boiler having a 10 year warranty from May 2023, and we are informed the loft is approximately half boarded with light. Bedroom one has built-in wardrobe/storage cupboards and the current owner has fitted a beautifully tiled bathroom. The also has a gas fired central heating system and double glazed windows.

Agent Details

Archer & Partners, Polegate

01323 409774

Next Steps?

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