2 Bed Flat, Single Let, Littlehampton, BN16 3JB, £160,000

Guildford Road, Rustington, Littlehampton, BN16 3JB - a year ago

Sold STC
Leasehold
BTL
ROI: 9%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£107.5K - £650K
Sold Prices/m²£1.9K/m² - £4.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£198,400
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Total Cash In

£49,200

 

 

Cash Out

 

Rent Range

£995 - £2,200

Rent Estimate

£1,099

Running Costs/mo

£740

Cashflow/mo

£359

Cashflow/yr

£4,310

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £107.5K to £650K, average is £250K. £1.9K/m² to £4.9K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£257K10/210.13 miFlat 4, Charlotte House, Station Road, East Preston, Littlehampton, West Sussex BN16 3AG2
£229K04/210.13 miFlat 7, Charlotte House, Station Road, East Preston, Littlehampton, West Sussex BN16 3AG2
£216K04/210.14 mi6, The Leas, Rustington, Littlehampton, West Sussex BN16 3SE2
£195K07/230.14 mi21 Greenleas, The Leas, Rustington, Littlehampton, West Sussex BN16 3SE2
£255K09/230.14 mi6, The Leas, Rustington, Littlehampton, West Sussex BN16 3SE2
£225K08/230.16 mi42, Allangate Drive, Rustington, Littlehampton, West Sussex BN16 3JE2
£150K05/230.16 miFlat 28, Milliers Court, Worthing Road, East Preston, Littlehampton, West Sussex BN16 1AR2
£260K08/230.23 mi9, Langmeads Close, East Preston, Littlehampton, West Sussex BN16 3FF2
£398K11/200.34 miFlat 5, Preston Hall, The Street, East Preston, Littlehampton, West Sussex BN16 1HU2
£182K04/210.4 miFlat 22, Chermont Court, The Street, East Preston, Littlehampton, West Sussex BN16 1HT2
£245K02/230.4 miFlat 19, Chermont Court, The Street, East Preston, Littlehampton, West Sussex BN16 1HT2
£275K12/220.47 mi3, Elm Place, Rustington, Littlehampton, West Sussex BN16 3BL2
£220K01/210.47 mi42, Elm Place, Rustington, Littlehampton, West Sussex BN16 3BL2
£182.5K02/230.5 miFlat 60, Abbotswood, Station Road, Rustington, Littlehampton, West Sussex BN16 3BJ2
£187.5K06/230.5 miFlat 34, Abbotswood, Station Road, Rustington, Littlehampton, West Sussex BN16 3BJ2
£260K01/230.51 mi7, The Limes, Rustington, Littlehampton, West Sussex BN16 3AQ2
£255K12/220.51 mi9, The Limes, Rustington, Littlehampton, West Sussex BN16 3AQ2
£260K10/230.53 mi48, Roundstone Crescent, East Preston, Littlehampton, West Sussex BN16 1DQ2
£235K06/210.57 miFlat 8, Trafalgar Court, Woodlands Avenue, Rustington, Littlehampton, West Sussex BN16 3ES2
£335K03/210.58 mi63, Warren Crescent, East Preston, Littlehampton, West Sussex BN16 1BL2
£257K11/220.6 miFlat 1, Mendip Court, Woodlands Avenue, Rustington, Littlehampton, West Sussex BN16 3DX2
£233.5K06/210.65 mi36, Chichester Court, Rustington, Littlehampton, West Sussex BN16 3EL2
£140K08/230.65 mi23, Chichester Court, Rustington, Littlehampton, West Sussex BN16 3EL2
£258K08/230.69 mi22, Roundstone Crescent, East Preston, Littlehampton, West Sussex BN16 1DG2
£206K11/220.71 mi187, The Street, Rustington, Littlehampton, West Sussex BN16 3DN2
£205K11/220.71 mi181, The Street, Rustington, Littlehampton, West Sussex BN16 3DN2
£180K04/230.73 miFlat 1, Chestnut Court, Sea Road, East Preston, Littlehampton, West Sussex BN16 1SR2
£300K09/230.82 miFlat 5, Pegasus Court, The Street, Rustington, Littlehampton, West Sussex BN16 3NS2
£290K01/210.82 miFlat 2, Pegasus Court, The Street, Rustington, Littlehampton, West Sussex BN16 3NS2
£227.5K04/210.82 miFlat 30, Pegasus Court, The Street, Rustington, Littlehampton, West Sussex BN16 3NS2
£170K06/210.84 mi51, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£280K09/210.84 mi34, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£258K12/200.84 mi43, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£274K11/220.84 mi36, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£650K03/230.85 miFlat 4, Fosters, Fosters Close, East Preston, Littlehampton, West Sussex BN16 2TT2
£300K11/210.86 miFlat 8, Crown Place, Sea Road, East Preston, Littlehampton, West Sussex BN16 1UA2
£570K06/210.89 mi3, Hazelmead Drive, East Preston, Littlehampton, West Sussex BN16 1LB2
£107.5K06/210.91 miFlat 11, Richmond Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2TJ2
£198K06/230.91 miFlat 7, Richmond Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2TJ2
£235K03/210.93 mi1, Cedar Lodge, Rustington, Littlehampton, West Sussex BN16 2RJ2
£250K05/230.93 miFlat 8, Rowan House, Cudlow Garden, Rustington, Littlehampton, West Sussex BN16 2RH2
£250K03/210.93 miFlat 7, Dolphin Court, Dolphin Way, Rustington, Littlehampton, West Sussex BN16 2EN2
£253K10/230.95 miFlat 2, Ilex House, Cudlow Garden, Rustington, Littlehampton, West Sussex BN16 2RL2
£255K03/230.95 miFlat 6, Ilex House, Cudlow Garden, Rustington, Littlehampton, West Sussex BN16 2RL2
£255K11/230.95 mi1, Mulberry Lodge, Rustington, Littlehampton, West Sussex BN16 2RN2
£250K03/230.97 mi2, Hazel Lodge, Rustington, Littlehampton, West Sussex BN16 2RW2
£225K12/200.97 mi4, Hazel Lodge, Rustington, Littlehampton, West Sussex BN16 2RW2
£295K02/210.99 miThe Bays, 3, Walnut Avenue, Rustington, Littlehampton, West Sussex BN16 3NY2
£285K03/210.99 mi1, Walnut Avenue, Rustington, Littlehampton, West Sussex BN16 3NY2
£242.5K08/230.99 miFlat 4, Old Barns, High Street, Angmering, Littlehampton, West Sussex BN16 4AE2

Local Rents

36 rents from £995/mo to £2.2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25003/250.16 mi-2
£1,30012/240.25 miWorthing Road, East Preston2
£1,19512/240.27 miCopse View, East Preston2
£1,19512/240.32 miCopse View, East Preston, Littlehampton, West Sussex, BN162
£1,60012/240.36 miFircroft Crescent, Rustington2
£1,50012/240.47 miThe Street, East Preston, West Sussex2
£1,35012/240.53 miAshurst Way East Preston BN162
£99512/240.6 miMendip Court, Woodlands Avenue, Rustington, West Sussex2
£1,20012/240.62 miDinsdale Gardens, Rustington, Littlehampton, BN162
£1,20012/240.66 miWoodlands Avenue, Rustington, Littlehampton2
£1,25012/240.7 miFittleworth Garden, Rustington, West Sussex2
£1,15012/240.7 miFittleworth Gardens, Rustington, Rustington, BN162
£1,35012/240.74 miBramley Way, Angmering, West Sussex2
£1,30003/250.82 mi-2
£1,35003/240.86 mi-2
£1,35003/240.86 mi-2
£1,35012/240.86 miTamarisk, East Preston, Littlehampton, BN162
£1,35012/240.87 miOld Manor Road, Rustington2
£1,25012/240.89 miStation Road, Angmering2
£2,20007/240.9 mi-2
£1,10012/240.92 miWorthing Road, Rustington, Littlehampton2
£1,32512/240.92 miSutton Avenue, Rustington, Littlehampton, West Sussex, BN162
£1,20012/240.93 miDolphin Way, Rustington, Littlehampton, West Sussex, BN162
£1,66503/250.95 mi-2
£1,20012/240.98 miDane Acre, Angmering2
£1,40012/241.04 miRustington2
£1,15007/231.06 mi-2
£1,19511/241.06 mi-2
£1,25012/241.06 miBroadmark Lane, Rustington2
£1,45012/241.07 miBroadmark Lane, Rustington, Littlehampton, West Sussex, BN162
£1,20012/241.1 miLanyards, Littlehampton, West Sussex, BN172
£1,09512/241.1 miLanyards, Littlehampton, West Sussex2
£1,25012/241.18 miCapstan Drive, Beaumont Park2
£1,20012/241.18 miCapstan Drive, Littlehampton, West Sussex2
£1,15012/241.18 miOverstrand Avenue, Rustington, Littlehampton, West Sussex2
£1,20012/241.19 miChurchill Court, Rustington2

Local Area Statistics

Population in BN16

28,125

Population in Littlehampton

56,651

Town centre distance

1.34 miles away

Nearest school

0.20 miles away

Nearest train station

0.17 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £160,000

December 28, 2024

Listed for £170,000

March 14, 2024

Floor Plans

Description

  • Allocated parking +
  • Close to amenities +
  • Double glazing +
  • Station nearby +

Leaders are pleased to introduce this two-bedroom first floor flat located in Thornton Court on Guildford Road. The property is located close to the local amenities Angmering with Rustington village and its array of shops, cafes and banks approximately 0.9 miles away. The traditional seaside town of Littlehampton is 2.7 miles away with its supermarkets, shops plus a weekly market every Friday. The stretch of seafront between Littlehampton and Rustington has lots to offer including Harbour Park, Wave leisure centre, Mewsbrook Park plus a selection of cafes. The property is perfectly situated if you have to commute with easy access to the A259 making it easy to travel to Chichester, Worthing, Brighton or beyond. For those looking to travel by train Angmering station is only 0.7 miles away with direct trains to London.

The property comprises of an entrance hall with storage cupboards and gives access to all rooms. The living room features dual aspect windows allowing lots of natural light, leading off the living room is the kitchen which has both wall and floor units providing ample storage and work surface space. Both bedrooms are fed from the hallway with bedroom one featuring a built in storage cupboard. Lastly there is the bathroom which has bath, basin and toilet.

Externally there are communal gardens and a residential car park, the property has two allocated spaces.

Remaining lease: approx 90 years.
Ground rent: £200pa.
Service charges: £2000pa

‘’These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.

Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £80 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection.’’

Agent Details

Leaders Sales, Worthing

01903 497313

Next Steps?

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