The Parade, Parade, Bognor Regis
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The Parade, Parade, Bognor Regis

By Farndell Estate Agents

£ 170,000

Reviews

2 out of 5 stars

Farndell Estate Agents says ..

Welcome to this practical apartment on The Parade in Pagham! This delightful flat boasts a central Lounge/Diner and modern Kitchen, perfect for entertaining guests or relaxing with your family. With 3 Bedrooms, there's plenty of space for everyone to unwind and enjoy a good night's sleep.

Property Oracle says ..

This three-bedroom, two-bathroom flat in Pagham, West Sussex, presents a mixed bag for potential buyers. Located on The Parade, it benefits from a reasonably convenient village setting, with nearby schools such as Rose Green Infant and Junior schools rated as ‘Good’ by Ofsted. The proximity to Bognor Regis and Chichester provides access to more extensive amenities and transport links via the train station. However, Pagham is a relatively smaller, less connected location and requires car usage for reaching many facilities, which could be seen as a downside.

The property itself appears to be in adequate condition. While the photographs reveal some areas that have been updated, some rooms show signs of wear and tear, hinting at potential repair or renovation needs. A significant drawback is the complete lack of a garden or outdoor space, which will likely be a deal-breaker for many family buyers or those seeking a more spacious outdoor area. The overall square footage is average for the area; however, the lack of plot size means it is limited to a flat only.

The price of £170,000 is situated within a range of similar flats listed for sale in the nearby area. Considering the current UK market and limited information, the price does seem reasonably competitive, though it’s advisable to research the precise average price per sqft in similar properties in Pagham to accurately evaluate its value. If similar properties are smaller and lack the same amenities this then the property would appear as good value.

In summary, the property might appeal to buyers seeking a more affordable option in a reasonably located, but somewhat isolated location, and who are not overly concerned about the lack of outdoor space and the need for some potential minor updates and repairs.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
6
Land
1
Bedrooms
3
Bathrooms
2
Sqft (est)
783.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
419,166.00 £
Increased by 13.00 %
from 370,942.00 £
Est sale value
371,142.00 £
Increased by 30.58 %
from 284,229.00 £
Average area rental value
1,500.00 £/mo
Increased by 18.58 %
from 1,265.00 £/mo
Est letting value
783.00 £/mo
Unchanged by 0.00 %
from 783.00 £/mo
Est rental Yield
4.29 %
Increased by 4.89 %
from 4.09 %
Crime Rate
81.00 %
Unchanged by 0.00 %
from 81.00 %

Agent Activity

  • Farndell Estate Agents marked this listing as sold.

  • Farndell Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Rose Green Infant SchoolCommunity SchoolGood2.02 KM
Rose Green Junior SchoolAcademy ConverterGood2.25 KM
Nyewood Cofe Junior SchoolVoluntary Aided SchoolGood5.19 KM
Nyewood Cofe Infant School, Bognor RegisVoluntary Aided SchoolGood5.29 KM
North Mundham Primary SchoolCommunity SchoolGood5.43 KM

Images

Front.jpg Lounge Diner (3).jpg Lounge Diner.jpg Lounge Diner (2).jpg Bedroom 2.jpg Ensuite to Bedroom 2.jpg Kitchen.jpg Bedroom 1.jpg Ensuite to Bedroom 1.jpg Bedroom 3.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
The View £ 000.00 KM
Durham Close £ 350,00000.00 KM
Saxon Close £ 000.00 KM
Brooklands £ 380,00000.00 KM
Jubilee Gardens £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bognor Regis5253BOG7.07 KM
Chichester5255CCH8.37 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Parade, Parade, Bognor Regis £ 170,000BUY5 / 100.00 KM
The Parade, Bognor Regis, West Sussex, PO21 £ 170,000BUY5 / 100.01 KM
The Parade, Pagham £ 140,000BUY6 / 100.01 KM
St. Thomas Court, Pagham, Bognor Regis, PO21 £ 220,000BUY6 / 100.08 KM
Mulberry Court, Bognor Regis, West Sussex £ 165,000BUY5 / 100.08 KM

Nearby Properties

AddressPriceDistance
4 Churchill Walk £ 60,0000.05 KM
2 Churchill Walk £ 185,0000.05 KM
7 Churchill Walk £ 155,0000.05 KM
12 Churchill Walk £ 230,0000.05 KM
8 Churchill Walk £ 305,0000.05 KM