Madeira Avenue, Bognor Regis
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Madeira Avenue, Bognor Regis

By Gilbert & Cleveland

£ 360,000

Reviews

3 out of 5 stars

Gilbert & Cleveland says ..

For sale for the FIRST TIME since the property's original construction with NO FORWARD CHAIN. This well-proportioned detached two/three bedroom chalet house, located on the POPULAR Glenwood Development.

Property Oracle says ..

This three-bedroom chalet bungalow in Bognor Regis, West Sussex, presents a mixed bag. The property’s location is a significant advantage. It’s situated on the Glenwood Development, benefiting from relatively close proximity to Bognor Regis town centre, with its amenities and transport links including a railway station. Several good schools are within reasonable walking or cycling distance. The presence of a garden, seen in the photos, further enhances its family-friendly appeal.

However, the interior requires significant modernisation. The photos reveal dated décor and carpeting, along with what appears to be a general need for refreshing and potentially some repairs. The kitchen, though functional, also displays its age. A potential buyer should factor in renovation costs into their overall budget. The external cladding could also benefit from some maintenance, though this does not appear structurally problematic. The property’s actual plot size is not provided in the information given and the overall impression is of a property that needs updating to meet modern living standards.

The price of £360,000 needs to be evaluated relative to other properties in the area and similar types. The presence of other properties for sale on Madeira Avenue in a similar price range provides some basis for considering the listing price to be fair relative to the condition and locality. A buyer should conduct a thorough comparative market analysis to fully assess the value proposition. The lack of exact square footage data across comparable properties inhibits a conclusive assessment regarding price per square foot value.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
1,079.00

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
636,667.00 £
Decreased by 17.62 %
from 772,798.00 £
Est sale value
1,192,295.00 £
Increased by 98.38 %
from 601,003.00 £
Average area rental value
2,030.00 £/mo
Increased by 3.89 %
from 1,954.00 £/mo
Est letting value
3,237.00 £/mo
Increased by 200.00 %
from 1,079.00 £/mo
Est rental Yield
3.83 %
Increased by 26.40 %
from 3.03 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Gilbert & Cleveland created the listing.

Nearby Schools

NameTypeOfstedDistance
Edward Bryant SchoolAcademy ConverterGood0.77 KM
St Mary'S Catholic Primary SchoolVoluntary Aided SchoolGood0.91 KM
South Bersted Cofe Primary SchoolVoluntary Controlled SchoolGood0.97 KM
Felpham Community CollegeCommunity SchoolGood1.20 KM
Downview Primary SchoolAcademy ConverterGood1.45 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Melanie's Gardens £ 000.00 KM
Highcroft Close £ 000.00 KM
Stanley Close £ 90,00000.00 KM
Gordon Avenue £ 000.00 KM
Glamis Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bognor Regis5253BOG1.20 KM
Barnham5252BAA5.26 KM

Nearby Listings

AddressPriceTypeScoreDistance
Madeira Avenue, Bognor Regis, West Sussex, PO22 £ 335,000BUYUnknown0.04 KM
Madeira Avenue, Bognor Regis, West Sussex, PO22 £ 375,000BUY6 / 100.10 KM
Elmwood Avenue, Bognor Regis, West Sussex £ 307,500BUYUnknown0.11 KM
Elmwood Avenue, Bognor Regis, West Sussex £ 465,000BUYUnknown0.11 KM
Elmwood Avenue, Glenwood, Bognor Regis PO22 £ 600,000BUY8 / 100.13 KM

Nearby Properties

AddressPriceDistance
26 Madeira Avenue £ 150,0000.04 KM
44 Madeira Avenue £ 259,0000.04 KM
24 Madeira Avenue £ 218,5000.04 KM
40 Madeira Avenue £ 311,0000.04 KM
42 Madeira Avenue £ 150,0000.04 KM