2 Bed Terraced House, Single Let, Polegate, BN26 6ER, £250,000

48 New Road, Polegate, East Sussex, BN26 6AG - 2 views - a month ago

Sold STC
BTL
ROI: 1%
~68 m²
+11 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

£312,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£16,200

Total Cash In

£78,700

 

 

Cash Out

 

Rent Range

£975 - £1,395

Rent Estimate

£1,113

Running Costs/mo

£1,024

Cashflow/mo

£89

Cashflow/yr

£1,070

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £200K to £445K, average is £301K. £3K/m² to £6.6K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£205K08/240.01 mi9, New Road, Polegate, East Sussex BN26 6ER2
£255K11/230.03 mi63, Station Road, Polegate, East Sussex BN26 6EA2
£200K02/210.06 mi24, Western Avenue, Polegate, East Sussex BN26 6EP2
£335K01/230.07 mi48, Westfield Close, Polegate, East Sussex BN26 6EJ2
£285K09/210.08 mi22, Junction Street, Polegate, East Sussex BN26 6ET2
£320K02/230.08 mi5, West Close, Polegate, East Sussex BN26 6EG2
£302K12/210.08 mi4, West Close, Polegate, East Sussex BN26 6EG2
£280K01/210.08 mi5, West Close, Polegate, East Sussex BN26 6EG2
£330K04/210.08 mi8a, West Close, Polegate, East Sussex BN26 6EW2
£265K01/230.09 mi8, Southern Avenue, Polegate, East Sussex BN26 6EZ2
£304K05/210.09 mi14, Southern Avenue, Polegate, East Sussex BN26 6EZ2
£310K02/230.09 mi30, Central Avenue, Polegate, East Sussex BN26 6HA2
£325K06/210.09 mi16, Westfield Close, Polegate, East Sussex BN26 6EJ2
£270K04/240.1 mi33, Central Avenue, Polegate, East Sussex BN26 6HA2
£210K10/200.1 mi9, Central Avenue, Polegate, East Sussex BN26 6HA2
£285K02/240.1 mi31, Station Road, Polegate, East Sussex BN26 6AY2
£270.5K10/210.12 mi36, Westfield Close, Polegate, East Sussex BN26 6EJ2
£255K05/210.12 mi10, Westfield Close, Polegate, East Sussex BN26 6EJ2
£330K08/240.12 mi27, Westfield Close, Polegate, East Sussex BN26 6EJ2
£270.5K10/220.12 mi7, East Close, Polegate, East Sussex BN26 6HE2
£242K03/210.12 mi48, Western Avenue, Polegate, East Sussex BN26 6EN2
£258K07/230.15 mi12, Eastern Avenue, Polegate, East Sussex BN26 6HF2
£230K06/230.15 mi18, Eastern Avenue, Polegate, East Sussex BN26 6HF2
£285K09/220.15 mi4, Eastern Avenue, Polegate, East Sussex BN26 6HF2
£350K10/230.15 mi24, Eastern Avenue, Polegate, East Sussex BN26 6HF2
£315K09/230.15 mi14, East Close, Polegate, East Sussex BN26 6HE2
£253K06/230.16 mi26, Station Road, Polegate, East Sussex BN26 6BE2
£287.5K12/220.16 mi20, Station Road, Polegate, East Sussex BN26 6BE2
£225K03/210.18 mi24, Northern Avenue, Polegate, East Sussex BN26 6HQ2
£350K08/240.18 mi10, Northern Avenue, Polegate, East Sussex BN26 6HQ2
£445K06/230.19 mi12, Nursery Close, Polegate, East Sussex BN26 6JY2
£265K07/240.19 mi25, Dover Road, Polegate, East Sussex BN26 6LE2
£300K11/220.19 mi26, Chestnut Drive, Polegate, East Sussex BN26 5AN2
£392.5K06/230.2 mi37, Dover Road, Polegate, East Sussex BN26 6LF2
£280K02/210.2 mi37, Dover Road, Polegate, East Sussex BN26 6LF2
£325K06/210.2 mi30, West Close, Polegate, East Sussex BN26 6EL2
£330K07/220.21 mi2, Otteham Close, Polegate, East Sussex BN26 5AZ2
£322.5K08/230.23 mi53, Windmill Road, Polegate, East Sussex BN26 5BQ2
£311K05/230.23 mi63, Windmill Road, Polegate, East Sussex BN26 5BQ2
£263.4K08/240.23 mi18, Dover Road, Polegate, East Sussex BN26 6LB2
£247.5K03/230.24 mi14, Heron Ridge, Polegate, East Sussex BN26 5BJ2
£360K03/230.25 mi16, Hastings Close, Polegate, East Sussex BN26 6LD2
£310K03/210.25 mi21, Walnut Walk, Polegate, East Sussex BN26 5AJ2
£353K10/220.25 mi69, Dover Road, Polegate, East Sussex BN26 6LG2
£315.5K07/210.28 mi6, Dover Road, Polegate, East Sussex BN26 6LA2
£290K09/230.28 mi67, Brightling Road, Polegate, East Sussex BN26 5AX2
£315K05/210.28 mi81, Brightling Road, Polegate, East Sussex BN26 5AX2
£325K05/210.28 mi69, Brightling Road, Polegate, East Sussex BN26 5AX2
£308K02/210.28 mi99, Brightling Road, Polegate, East Sussex BN26 5AX2
£315K02/210.28 mi95, Brightling Road, Polegate, East Sussex BN26 5AX2

Local Rents

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

RentDateDistanceAddressBeds 
£1,39512/240.09 miWestfield Close, Polegate, East Sussex2
£1,30003/250.11 mi-2
£1,10012/240.12 miPorters Way, Polegate2
£1,25012/240.12 mi-2
£1,30012/240.15 miEastern Avenue, Polegate2
£1,30012/240.17 mi-2
£1,20003/250.25 mi-2
£1,20009/240.26 mi-2
£1,35003/250.37 mi-2
£1,20012/240.38 miVictoria Road, Polegate2
£1,20009/240.39 mi-2
£97501/250.4 mi-2
£1,12512/240.56 miKensington Way, Polegate, East Sussex, BN262

Local Area Statistics

Population in BN26

11,451

Town centre distance

0.02 miles away

Nearest school

0.20 miles away

Nearest train station

0.18 miles away

 

 

Rental growth (12m)

+38%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £250,000

March 28, 2025

Floor Plans

Description

  • GUIDE £250,000 - £260,000 +
  • Lovely Terraced House +
  • Tastefully Modernised +
  • Living Room +
  • Modern Kitchen/Diner +
  • Utility Room/wc +
  • 2 Bedrooms +
  • Bathroom/wc +
  • Gas c/h & Dbl glz +
  • Westerly Garden +

GUIDE PRICE £250,000 - £260,000 - SEE OUR 360 VIRTUAL TOUR - Ideal First Time Buy - Tastefully Presented - Living Room - Kitchen/Diner - Utility Room/wc - 2 Bedrooms - Bathroom/wc - Gas Central Heating - Double Glazing - Westerly Rear Garden

A most delightful 2-bedroomed mid terraced house having tastefully presented accommodation featuring a comfortable living room, modern kitchen/diner to include integrated oven, hob, refrigerator and freezer, separate utility room with wc and wash hand basin, two bedrooms and bathroom/wc. There is also a gas fired central heating system, double glazing and a pleasant westerly facing rear garden, which has rear access to Westfield Close.

The property is situated at the end of New Road and is approximately 1/2 a mile from the High Street, which has various shops, medical centres, bus services and a mainline railway station. Buses also pass along Station Road, where there is a local convenience store and from the end of nearby Porters Way, is access leading through to the railway station. Polegate Primary School is located at Oakleaf Drive and access to The Cuckoo Trail is close by from West Close and provides many countryside walks and cycling routes.

Living Room - 3.25m min x 3.13m (10'7" min x 10'3") -

Kitchen/Diner - 3.11m x 4.30m max (10'2" x 14'1" max) -

Utility Room - 1.93m x 1.67m (6'3" x 5'5") -

Bedroom 1 - 4.32m x 2.48m (14'2" x 8'1") -

Bedroom 2 - 2.59m x 1.87m (8'5" x 6'1") -

Bathroom - 2.65m x 1.83m (8'8" x 6'0") -

Rear Garden - The rear garden enjoys a westerly aspect having areas of paving and lawn, various plants and tree, shed, outside light and tap, access gate to Westfield Close.

The kitchen/diner is tastefully designed having ample work surface areas and has integrated appliances to include a Whirlpool electric oven, hob with extractor above, refrigerator and freezer, and there is a very useful understairs storage cupboard. The Worcester combi boiler is also located in the kitchen and has been serviced, with the next service being carried out in January 2025. From the kitchen/diner is access to a separate utility, which has plumbing and space for a washing machine as well as having a wc and wash basin.

On the first floor are the two bedrooms and modern bathroom/wc as well as a bright landing, where there is access via a ladder to a part boarded and insulated loft with light and Velux window.

Council Tax is Band B. The amount payable for 2024-2025 is £1,939.54. This information is taken from voa.gov.uk

Approximately 61 square metres or 656 square feet

Agent Details

Archer & Partners, Polegate

01323 409774

Next Steps?

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