This property has been taken off the market.
Go back

House For Sale Culver Road, Bognor Regis, PO22

£8,750

1 of 5
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 22nd June 2019

Description

The traditional image of a Beach Hut is perhaps of a somewhat dilapidated, timber structure, windswept and salt-stained, full of other peoples unwanted deckchairs and beach-wear !! Well stand by to be surprised. This DETACHED BEACH HUT has recently been constructed using modern composite materials in an effort to minimise the effects of the elements.  Designed to last, this 8'0 x 5'9 hut gives the opportunity for the buyer to avoid the perils of rotting wood and annual re-painting (although some redecoration and regular maintenance is of course required!).  So brush off the buckets and spades, pack up the Lilo and bathers - come and enjoy the seaside treats here at 'sunny' Felpham. Telephone May's for an appointment to view.  This hut is held on a five year lease at £518.00 p.a. ground rent, from April 2017, payable to Arun District Council.
Agent Details
Space Homes

Forecast Score

Based on our analysis this property has been scored as:

Data Verification: Partial Verification
0.0

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is a lack of data to forecast this property with regards in comparison with local sold prices.
0

Profitability

There is a lack of data to forecast this property with regards of profitability.
0

Interest Rates

Bank of England Base Rate:
0.1%
Lower interest rates mean lower mortgage payments and makes property more affordable historically in times of low interest rate property prices tend to increase.
10

Mortgage Availability

Good mortgage availability causes property prices to increase as people can get mortgages and buy property.
10

Fiscal Policy

Due to recent economic uncertainty the government has adjusted their spending levels and lowered tax rate. Pumping money into the economy and its central bank in order to increase money supply.
10

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
0

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this property. See more properties like this.

Property Image
7.3
£130,000
Apartment
Yield: 7.85%
ROCI: 22%
Property Image
6.3
£450,000
Semi Detached
Yield: 6.98%
ROCI: 22%
Property Image
5.8
£485,000
Detached
Yield: 6.48%
ROCI: 20%
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
This is the potential achievable yield.
Potential Return-on-Cash Invested