2 Bed Bungalow, Single Let, Bognor Regis, PO22 8DY, £280,000

Whitfield Close, Bognor Regis, PO22 8DY - 25 days ago

BTL
~68 m²
+7 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,100

Total Cash In

£81,100

 

 

Cash Out

 

Rent Range

£975 - £1,400

Rent Estimate

£1,095

Running Costs/mo

£1,114

Cashflow/mo

£-19

Cashflow/yr

£-228

Gross Yield

5%













Local Rents

18 rents from £975/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,29508/240.23 miShripney Road, Bognor Regis2
£1,20008/240.29 miHighfield Gardens, Bognor Regis, West Sussex, PO222
£1,15007/240.3 miSouthdown Court, Bersted Street, Bognor Regis, PO222
£1,10006/240.3 miBersted Street, BOGNOR REGIS2
£1,15007/240.3 miBersted Street, BOGNOR REGIS2
£1,15007/240.32 miBersted Street, Bognor Regis, West Sussex, PO222
£1,15006/240.36 mi-2
£1,20008/240.42 miMead Lane, Bognor Regis, PO222
£1,40006/240.48 miParkside, Upper Bognor Road, Bognor Regis, PO212
£1,30006/240.49 miChestnut Grove, BOGNOR REGIS2
£1,09506/240.53 mi-2
£1,09506/240.53 mi-2
£1,40007/240.57 miWroxham Way, Felpham, Bognor Regis2
£1,10006/240.57 miHenry Street, Bognor Regis, PO212
£1,10002/250.59 mi-2
£99506/240.59 miCarlingford Court, Bognor Regis2
£1,10006/240.59 miCarlingford Court2
£97502/250.62 mi-2

Local Area Statistics

Population in PO22

28,866

Population in Bognor Regis

68,380

Town centre distance

0.62 miles away

Nearest school

0.40 miles away

Nearest train station

0.79 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £280,000

February 20, 2025

Floor Plans

Description

  • Two Bedroom Semi-Detached Bungalow +
  • Popular Glenwood Estate +
  • Requires Updating +
  • No Forward Chain +
  • Garage & Off Road Parking +
  • EPC Rating C +

Our Comments Located at the northern most point of the Glenwood Estate is this two bedroom semi-detached bungalow. The accommodation comprises entrance hall, lounge, kitchen, two bedrooms, bathroom and garage.  Internally the property is in need of a refurbishment to include kitchen, bathroom, flooring and decor. Outside is a lawned front garden with driveway leading to the garage (at the rear).  The rear garden is laid to lawn and is enclosed by tall fencing and the garage.  A screening hedge creates a utility area that also has a workshop. The property is offered for sale with no forward chain and is recommended for those wishing to carry out work on their next property. Hall - 3.43m x 1.51m (11'3" x 4'11") Bedroom 2 - 3.28m x 2.63m (10'9" x 8'7") Lounge - 3.56m x 5.07m (11'8" x 16'7") Bedroom 1 - 3.56m x 4.14m (11'8" x 13'6") Kitchen - 3.28m x 2.81m (10'9" x 9'2") Garage - 2.6m x 5.2m (8'6" x 17'0") Rear Garden - 7.06m x 12.5m (23'1" x 41'0") Material Information Council Tax: Arun District Council  - Band C
Property Type: Purpose Built
Property Construction: Standard
Electricity, Water, Drainage Supply: Mains
Heating: Gas Central Heating Parking: Garage and Driveway

On 18/02/2025 information from the Ofcom Website shows: ** Broadband** Availability Max Down Max Up  Standard         27 mbps  4 mbps  Superfast   X         Ultrafast        1800 mbps   1000 mbps  ** Mobile** ** Indoor** ** Outdoor**   ** Voice** ** Data** ** Voice** ** Data**  EE  Limited   Limited   Likely   Likely   Three  Limited   Limited   Likely   Likely   O2  Likely   Limited   Likely   Likely   Vodafone   Likely  Likely  Likely  Likely

Agent Details

Clarkes Estates, Bognor Regis

01243 861344

Next Steps?

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