3 Bed Semi-Detached House, Single Let, Polegate, BN26 5DT, £340,000

The Thatchings, Polegate, East Sussex, BN26 5DT - 4 views - 2 months ago

Sold STC
BTL
~93 m²
+19 photos

ValuationUndervalued

Sold Prices£200K - £540K
Sold Prices/m²£1.8K/m² - £7.5K/m²

 

 

Square Metres

~93 m²
Price/m²£3.7K/m²

Value Estimate

£357,692
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£85,000

Stamp Duty & Legal Fees

£22,700

Total Cash In

£107,700

 

 

Cash Out

 

Rent Range

£1,300 - £1,900

Rent Estimate

£1,356

Running Costs/mo

£1,354

Cashflow/mo

£2

Cashflow/yr

£28

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £200K to £540K, average is £335K. £1.8K/m² to £7.5K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£290K03/210 mi22, The Thatchings, Polegate, East Sussex BN26 5DT3
£307K04/210 mi8, The Thatchings, Polegate, East Sussex BN26 5DT3
£315.5K10/230 mi9, The Thatchings, Polegate, East Sussex BN26 5DT3
£290K03/210.01 mi22, The Thatchings, Polegate, East Sussex BN26 5DT3
£300K05/210.06 mi1, Park Croft, Polegate, East Sussex BN26 5JT3
£428K07/230.09 mi6, Broad Road, Eastbourne, East Sussex BN20 9QS3
£380K11/210.11 mi8, Clement Lane, Polegate, East Sussex BN26 5DR3
£477.5K01/240.12 mi8, Clement Lane, Polegate, East Sussex BN26 5DR3
£380K06/210.13 mi18, Farmlands Close, Polegate, East Sussex BN26 5LH3
£445K01/230.16 mi57, Broad Road, Eastbourne, East Sussex BN20 9QT3
£335K12/200.18 mi159, Eastbourne Road, Willingdon, Eastbourne, East Sussex BN20 9NB3
£200K10/230.18 mi8, Willow Drive, Polegate, East Sussex BN26 5DN3
£350K07/210.22 mi79, Broad Road, Eastbourne, East Sussex BN20 9QX3
£269K02/230.24 mi135, Southfield, Polegate, East Sussex BN26 5LZ3
£225K02/210.24 mi98, Southfield, Polegate, East Sussex BN26 5LZ3
£315K03/240.25 mi12, Grosvenor Close, Polegate, East Sussex BN26 5LS3
£505K11/220.25 mi20, Oldfield Road, Eastbourne, East Sussex BN20 9QD3
£316K01/230.26 mi37, Farmlands Way, Polegate, East Sussex BN26 5LR3
£300K11/200.26 mi46, Farmlands Way, Polegate, East Sussex BN26 5LR3
£365K04/230.26 mi98, Eastbourne Road, Polegate, East Sussex BN26 5DF3
£365K11/220.26 mi71, St Johns Road, Polegate, East Sussex BN26 5BT3
£440K06/230.27 mi42, Brightling Road, Polegate, East Sussex BN26 5AU3
£250K12/200.27 mi42, Southfield, Polegate, East Sussex BN26 5LX3
£370K11/230.29 mi16, Coppice Close, Eastbourne, East Sussex BN20 9QH3
£325K03/230.29 mi6, Church Close, Eastbourne, East Sussex BN20 9QY3
£365K11/210.3 mi2, Oldfield Avenue, Eastbourne, East Sussex BN20 9PX3
£320K04/210.3 mi11, Windmill Road, Polegate, East Sussex BN26 5BG3
£437.5K02/210.3 mi36, Spurway Park, Polegate, East Sussex BN26 5DQ3
£439.9K11/200.3 mi13, Spurway Park, Polegate, East Sussex BN26 5DQ3
£520K09/220.3 mi36, Spurway Park, Polegate, East Sussex BN26 5DQ3
£540K03/230.3 mi35, Spurway Park, Polegate, East Sussex BN26 5DQ3
£335K07/240.31 mi1, Southfield, Polegate, East Sussex BN26 5LU3
£325K02/210.32 mi23, Mill Stream Gardens, Polegate, East Sussex BN26 5PU3
£335K06/210.33 mi6, Bernhard Gardens, Polegate, East Sussex BN26 5JN3
£415K06/230.34 mi18a, St Johns Road, Polegate, East Sussex BN26 5BP3
£335K08/220.35 mi53, Barons Way, Polegate, East Sussex BN26 5JJ3
£278K05/240.35 mi56, Barons Way, Polegate, East Sussex BN26 5JJ3
£320K11/210.35 mi20, Bernhard Gardens, Polegate, East Sussex BN26 5JN3
£390K09/210.35 mi30, Bernhard Gardens, Polegate, East Sussex BN26 5JN3
£367.5K03/210.36 mi9, Thurrock Close, Eastbourne, East Sussex BN20 9NF3
£276K05/210.36 mi16, Northfield, Polegate, East Sussex BN26 5EE3
£447K01/240.37 mi101, Brightling Road, Polegate, East Sussex BN26 5AX3
£312.5K12/230.37 mi14, Walnut Walk, Polegate, East Sussex BN26 5AJ3
£365K02/230.37 mi44, Northfield, Polegate, East Sussex BN26 5EE3
£415K10/220.37 mi13, Downsview Road, Eastbourne, East Sussex BN20 9PT3
£330K10/220.38 mi21, Bernhard Gardens, Polegate, East Sussex BN26 5JN3
£425K02/210.39 mi108, Broad Road, Eastbourne, East Sussex BN20 9RD3
£262K04/210.4 mi66, Oxendean Gardens, Eastbourne, East Sussex BN22 0RS3
£239K11/200.4 mi108, Oxendean Gardens, Eastbourne, East Sussex BN22 0RS3
£360K08/240.4 mi11, Walnut Walk, Polegate, East Sussex BN26 5AD3

Local Rents

11 rents from £1.3K/mo to £1.9K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,40006/240.45 mi-3
£1,45003/240.5 miWannock Lane, Eastbourne3
£1,40010/230.5 mi-3
£1,40004/240.67 miSwinburne Avenue, Eastbourne3
£1,50007/230.76 mi-3
£1,90004/240.88 miConiston Avenue3
£1,75002/240.94 mi-3
£1,35004/241.01 miWillingdon Trees - Let Agreed3
£1,37503/241.15 miPinewood Close, Eastbourne, East Sussex, BN223
£1,30003/241.21 miCroxden Way, EASTBOURNE3
£1,40003/241.22 miCroxden Way, Hampden Park 3

Local Area Statistics

Population in BN26

11,451

Town centre distance

0.59 miles away

Nearest school

0.30 miles away

Nearest train station

0.47 miles away

 

 

Rental growth (12m)

+38%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £340,000

March 4, 2025

Floor Plans

Description

  • CHAIN FREE +
  • **VIEWINGS TAKING PLACE THIS WEEK +
  • 25FT LOUNGE / DINER +
  • CONSERVATORY +
  • UTILITY ROOM +
  • STORE ROOM +
  • VIEWS OF THE SOUTH DOWNS & WINDMILL +
  • DRIVEWAY +
  • PRIVATE REAR GARDEN +
  • FULL OF POTENTIAL TO EXTEND & IMPROVE +

CHAIN FREE & FULL OF POTENTIAL! Watch our video tour on Move Sussex social media to see how much space this home has to offer! Featuring a 25ft lounge / diner, utility room, store room, kitchen & conservatory all on the ground floor. **Viewings taking place this week, call to arrange yours!

This spacious home will be very popular with those buyers looking for a property where you can really add extra value and accommodation. The utility room and store room present opportunities to extend and convert into further living accommodation subject to any planning consents required. Further benefits of this property include gas central heating, double glazed windows. driveway and front and rear private gardens.

Located in The Thatchings, a convenient and pleasant no-through road situated in Polegate and being within an easy walk to the high street, train station and local shops. To the rear of the property are views of the south downs to the left and a lovely view of Polegate Windmill to the right.

ACCOMMODATION

ENTRANCE PORCH - With double glazed front entrance door, double glazed rear door leading into the garden, doors leading into the hallway, kitchen and access to utility room.

ENTRANCE HALLWAY - With double glazed front entrance door, double glazed window, radiator, built-in cupboard, stairs to first floor, door to lounge / diner.

LOUNGE/DINER
25'5" × 14'1" (7.75m × 4.29m). With carpet, two radiators, double glazed window to front aspect, double glazed French doors leading into the conservatory.

KITCHEN
9'4" ×7'1" (2.84m × 2.15m). Featuring a range of wall and base level storage units, worktop, sink unit with mixer tap, two double glazed windows, double glazed door leading into the porch area, tiled floor, tiled walls.

CONSERVATORY
9'8" × 8'4" (2.94m × 2.54m). With double glazed windows and double glazed French doors leading into the rear garden.

UTILITY ROOM
8'5" × 6'0" (2.56m × 1.84m). With worktop, space and plumbing for appliances, double glazed window looking into the rear garden, door to store room.

STORE ROOM
11'3" × 8'6" (3.44m × 2.59m). With double glazed window and double glazed French doors leading out to the front driveway. Electrical power points and lighting, plus various storage cupboards. This room together with the utility room could be suitable for converting into a habitable living area, subject to any necessary planning consents required.

LANDING - With carpet, double glazed window with views of Polegate Windmill, loft access.

BEDROOM 1
14'2" × 10'4" (4.33m × 3.15m). With fitted carpet, double glazed window, radiator.

BEDROOM 2
10'9" × 9'0" (3.27m × 2.75m). With fitted carpet, double glazed window, radiator, views of the South Downs.

BEDROOM 3
8'2" × 6'11" (2.50m × 2.11m). With fitted carpet, double glazed window, radiator.

BATHROOM
8'2" × 5'6" (2.48m × 1.67m). A fitted suite with hand wash basin featuring storage underneath, toilet, bath with thermostatic shower above, tiled walls, tiled floor, double glazed window.

REAR GARDEN
Fully laid to patio and featuring mature trees and plants together with fencing and small walled planting borders.

DRIVEWAY & FRONT GARDEN
Providing off-road parking and a further good sized area of front garden laid to lawn, with the potential to create further off-road parking if required for multiple vehicles.

EPC = E

Council Tax = Band E, currently £2334.56 per year (Wealden Council Website).

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Agent Details

Move Sussex, Eastbourne

01323 401851

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪