4 Bed Detached House, Single Let, Bognor Regis, PO22 7TT, £875,000

Central Drive, Elmer, PO22 7TT - a month ago

BTL
~129 m²
+15 photos

ValuationOvervalued

Sold Prices£300K - £1.4M
Sold Prices/m²£2.4K/m² - £7.3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£6.8K/m²

Value Estimate

£497,143

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£218,750

Stamp Duty & Legal Fees

£58,700

Total Cash In

£277,450

 

 

Cash Out

 

Rent Range

£100 - £3,250

Rent Estimate

£697

Running Costs/mo

£2,894

Cashflow/mo

£-2,197

Cashflow/yr

£-26,361

Gross Yield

1%

Local Sold Prices

25 sold prices from £300K to £1.4M, average is £500K. £2.4K/m² to £7.3K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£357K11/200.16 miRetreat, Rose Avenue, Bognor Regis, West Sussex PO22 7TG4
£525K04/210.16 mi50, Southdean Close, Bognor Regis, West Sussex PO22 7TH4
£600K03/230.18 mi27, The Layne, Bognor Regis, West Sussex PO22 6JL4
£500K02/210.2 mi29, Norman Way, Bognor Regis, West Sussex PO22 7TW4
£484K02/230.2 mi6, Norman Way, Bognor Regis, West Sussex PO22 7TW4
£600K03/210.2 mi83, Elmer Road, Bognor Regis, West Sussex PO22 6HA4
£470K02/230.26 mi11, Arundel Way, Bognor Regis, West Sussex PO22 6JH4
£445K12/200.26 mi4, Thompson Road, Bognor Regis, West Sussex PO22 7UG4
£450K07/210.32 mi10, Southdean Drive, Bognor Regis, West Sussex PO22 7SX4
£330K02/210.4 mi25, Alleyne Way, Bognor Regis, West Sussex PO22 6JZ4
£1.4M06/230.47 mi8, Old Point, Bognor Regis, West Sussex PO22 7RY4
£560K04/230.61 miCassia, 6, Ilex Way, Middleton On Sea, Bognor Regis, West Sussex PO22 6PQ4
£470K09/230.62 mi8, Alder Way, Bognor Regis, West Sussex PO22 6SF4
£551K03/230.65 mi11, Hadley Close, Bognor Regis, West Sussex PO22 6PG4
£440K01/230.68 mi7, Friary Close, Bognor Regis, West Sussex PO22 6PB4
£455K03/210.69 mi3, Lavender Close, Bognor Regis, West Sussex PO22 6SP4
£785K04/210.75 mi2, Sea Way, Middleton On Sea, Bognor Regis, West Sussex PO22 7SA4
£710K01/210.82 miPine Garth, 21, West Close, Middleton On Sea, Bognor Regis, West Sussex PO22 7RP4
£510K08/210.9 mi6, Warwick Place, Bognor Regis, West Sussex PO22 7PX4
£300K06/210.91 mi5, Montgomery Drive, Bognor Regis, West Sussex PO22 6RS4
£421K02/210.94 mi30, Caledon Avenue, Bognor Regis, West Sussex PO22 7QZ4
£930K04/230.96 mi14, Sea Drive, Bognor Regis, West Sussex PO22 7NE4
£520K05/210.96 mi6, Wordsworth Gardens, Bognor Regis, West Sussex PO22 6QZ4
£1.3M01/210.97 mi30, Sea Drive, Bognor Regis, West Sussex PO22 7NE4
£460K12/220.98 mi10, Dryad Way, Bognor Regis, West Sussex PO22 7RQ4

Local Rents

50 rents from £100/mo to £3.3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.13 mi-2
£2,75008/240.14 miElmer Road, Elmer4
£92506/240.14 mi154-160 Elmer Road, Bognor Regis, PO221
£10006/240.16 miElmer Road, Bognor Regis1
£97507/240.16 miElmer Road, BOGNOR REGIS2
£1,20007/240.27 miAlfred Close, Bognor Regis2
£82502/250.28 mi-2
£89502/250.28 mi-2
£1,89506/240.3 miAncton Close, Elmer, Bognor Regis, PO223
£1,19507/240.42 miHarefield Gardens, Middleton on Sea2
£2,75006/240.46 mi7 Sea Way, Elmer, Bognor Regis, PO22 6JX3
£3,25006/240.49 miAncton Way, Bognor Regis4
£1,00007/240.53 miSea Close, Bognor Regis1
£3,25006/240.53 miAncton Way, Elmer, Bognor Regis, PO224
£95008/240.53 miSea Close Bognor Regis PO221
£95007/240.63 miMiddleton-on-Sea, Bognor Regis, PO221
£1,59507/240.66 miJuniper Close, Middleton-On-Sea3
£1,25007/240.68 miSilver Birch Drive, Middleton On Sea, Bognor Regis, PO222
£1,20007/240.68 miSilver Birch Drive, Middleton On Sea, Bognor Regis, PO222
£85006/240.73 miSatinwood Close, Middleton-On-Sea, PO221
£1,22508/240.76 miMiddleton-On-Sea2
£1,20007/240.96 miBaldwin Close, Bognor Regis2
£1,25008/240.99 miHenfield Way, Bognor Regis, PO222
£1,25008/241 miHenfield Way, Felpham, Bognor Regis, PO222
£1,55001/251.02 mi-3
£2,99508/241.08 miCrossbush Road, Felpham, Bognor Regis, PO224
£1,30007/241.09 miFindon Drive, PO223
£1,15007/241.23 miFittleworth Drive, BOGNOR REGIS2
£1,80006/241.34 miNorthwyke Road, BOGNOR REGIS3
£1,10007/241.35 miNorthwyke Close, Bognor Regis2
£1,10007/241.35 miNorthwyke Close, Bognor Regis2
£1,20009/241.35 miSloe Gardens, Felpham2
£1,70007/241.41 miThistle Copse Felpham PO223
£1,29506/241.42 miSouthview Road, Bognor Regis, PO222
£1,85006/241.44 miBlackthorn Avenue, Felpham4
£87506/241.49 miFelpham Way, Felpham2
£1,45007/241.51 miBlackberry Copse, Felpham3
£1,29506/241.52 miSummerley Point, Summerley Lane, Felpham, PO222
£2,50006/241.55 miThe Beach House5
£1,40006/241.59 miHaywards Close, Bognor Regis, PO223
£1,60009/241.6 miOuterwyke Road, Bognor Regis3
£87508/241.62 miBroomfield Way, Felpham, Bognor Regis, PO221
£68407/241.65 miBroom Field Way, Bognor Regis, PO221
£69906/241.65 mi-1
£70006/241.65 mi-1
£69601/241.65 mi-1
£85007/241.66 miMeaden Way, Felpham, Bognor Regis, West Sussex, PO221
£1,29512/241.69 miDouglas Close, Ford, Arundel3
£95007/241.7 miOuterwyke Road, Felpham2
£1,70012/241.7 miMay Close, Climping3

Local Area Statistics

Population in PO22

28,866

Population in Bognor Regis

68,380

Town centre distance

2.92 miles away

Nearest school

1.10 miles away

Nearest train station

2.90 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-14%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £875,000

February 17, 2025

Floor Plans

Description

  • Detached House +
  • Four Double Bedrooms +
  • Three Reception Rooms +
  • Open Plan Kitchen/Dining Room +
  • Two Balconies +
  • Three Bathrooms +
  • Good Sized Garden +
  • Garage +
  • Private Seafront Estate +

A SPACIOUS DETACHED HOUSE on a PRIVATE SEAFRONT ESTATE, with THREE RECEPTION ROOMS, THREE BATHROOMS and GENEROUS SIZED GARDEN.

Agent Details

Sims Williams, Bognor Regis

01243 215658

Next Steps?

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