3 Bed Terraced House, Refurb/BRRR, Littlehampton, BN17 7LY, £200,000

West Way, Wick, Littlehampton, BN17 7LY - 2 views - a year ago

Under Offer
Refurb/BRRR
ROI: 1%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£185K - £425K
Sold Prices/m²£1.7K/m² - £6.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£227,200
BMV1%

 

 

End Value (After Refurb)

£321,100

Uplift in Value

+43%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,949

Refurb Costs

£43,401

Bridging Loan Interest

£5,250

Total Cash In

£108,349

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£321,100

Agent Fees (1%)

£3,211

Bridging Loan

£150,000

Bridging Loan Interest

£5,250

Flip Profit

£59,539

Local Sold Prices

50 sold prices from £185K to £425K, average is £274K. £1.7K/m² to £6.1K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£242.5K11/210.01 mi26, West Way, Wick, Littlehampton, West Sussex BN17 7LY3
£230K08/210.05 mi17, Whitelea Road, Wick, Littlehampton, West Sussex BN17 7JL3
£290K02/230.05 mi16, Whitelea Road, Wick, Littlehampton, West Sussex BN17 7JL3
£325K02/230.05 mi4, Selwyn Avenue, Wick, Littlehampton, West Sussex BN17 7NF3
£207K10/210.07 mi5, Dean Close, Wick, Littlehampton, West Sussex BN17 7ND3
£350K11/230.1 mi43, Grand Avenue, Wick, Littlehampton, West Sussex BN17 7NG3
£282.5K10/200.11 mi18, Selwyn Avenue, Wick, Littlehampton, West Sussex BN17 7NF3
£275K08/230.11 mi50, West Way, Wick, Littlehampton, West Sussex BN17 7NA3
£234.9K05/210.14 mi16, Hampton Fields, Wick, Littlehampton, West Sussex BN17 6JB3
£270K03/210.14 mi22, Hampton Fields, Wick, Littlehampton, West Sussex BN17 6JB3
£252.5K11/230.15 mi59, Sussex Street, Wick, Littlehampton, West Sussex BN17 6JD3
£295K11/210.16 mi12, Courtwick Road, Wick, Littlehampton, West Sussex BN17 7NE3
£232.5K07/210.17 mi30, Stanley Road, Wick, Littlehampton, West Sussex BN17 6JE3
£285K11/210.17 mi5, Stanley Road, Wick, Littlehampton, West Sussex BN17 6JE3
£305K11/220.17 mi9, Stanley Road, Wick, Littlehampton, West Sussex BN17 6JE3
£372.5K11/210.17 mi20, The Crossways, Wick, Littlehampton, West Sussex BN17 7NJ3
£330K02/230.17 mi3, The Crossways, Wick, Littlehampton, West Sussex BN17 7NJ3
£350K06/230.18 mi32, Courtwick Road, Wick, Littlehampton, West Sussex BN17 7NH3
£337.5K01/230.18 mi108, Manning Road, Wick, Littlehampton, West Sussex BN17 7HX3
£200K11/200.18 mi110, Wick Street, Wick, Littlehampton, West Sussex BN17 7JT3
£300K01/230.18 mi2, Colebrook Road, Wick, Littlehampton, West Sussex BN17 7NL3
£242.5K10/200.19 mi52, North Street, Wick, Littlehampton, West Sussex BN17 6JH3
£197K10/200.19 mi54, North Street, Wick, Littlehampton, West Sussex BN17 6JH3
£278K05/230.19 mi65, Manning Road, Wick, Littlehampton, West Sussex BN17 7HU3
£279.9K03/230.21 mi15, Cherry Croft, Wick, Littlehampton, West Sussex BN17 7NT3
£286.5K08/210.21 mi56, Courtwick Road, Wick, Littlehampton, West Sussex BN17 7NP3
£210K11/200.22 mi65, Stanley Road, Wick, Littlehampton, West Sussex BN17 6JF3
£185K06/210.22 mi18, Colebrook Road, Wick, Littlehampton, West Sussex BN17 7NS3
£247.5K04/210.23 mi65, Lansdowne Road, Wick, Littlehampton, West Sussex BN17 6JG3
£270K08/230.25 mi32, Willow Brook, Wick, Littlehampton, West Sussex BN17 7NW3
£268K06/230.25 mi15, Willow Brook, Wick, Littlehampton, West Sussex BN17 7NW3
£240K05/210.26 mi36, Belloc Road, Wick, Littlehampton, West Sussex BN17 7EZ3
£265K05/210.26 mi43, Belloc Road, Wick, Littlehampton, West Sussex BN17 7EZ3
£265K03/230.26 mi13, Wheatcroft, Wick, Littlehampton, West Sussex BN17 7NY3
£275K02/230.27 mi41, Wheatcroft, Wick, Littlehampton, West Sussex BN17 7NY3
£309K09/210.28 mi40, North Ham Road, Littlehampton, West Sussex BN17 7AS3
£275K03/210.28 mi21, North Ham Road, Littlehampton, West Sussex BN17 7AS3
£225K05/210.31 mi59, Joyce Close, Wick, Littlehampton, West Sussex BN17 7JG3
£425K06/210.32 mi116, Highdown Drive, Wick, Littlehampton, West Sussex BN17 6HP3
£330K04/230.32 mi140, Highdown Drive, Wick, Littlehampton, West Sussex BN17 6HP3
£270K04/210.32 mi7, North Ham Road, Littlehampton, West Sussex BN17 7AR3
£340K03/230.32 mi5, North Ham Road, Littlehampton, West Sussex BN17 7AR3
£310K12/200.32 mi16, Amberley Close, Littlehampton, West Sussex BN17 6HW3
£273K01/210.32 mi28, Amberley Close, Littlehampton, West Sussex BN17 6HW3
£227K03/210.33 mi28, Greenfields, Wick, Littlehampton, West Sussex BN17 7JF3
£253K06/210.33 mi25, Greenfields, Wick, Littlehampton, West Sussex BN17 7JF3
£221K12/200.33 mi19, Greenfields, Wick, Littlehampton, West Sussex BN17 7JF3
£215K04/210.33 mi26, Greenfields, Wick, Littlehampton, West Sussex BN17 7JF3
£328K01/210.33 mi97, Highdown Drive, Wick, Littlehampton, West Sussex BN17 6HT3
£355K12/210.34 mi4, Amberley Close, Wick, Littlehampton, West Sussex BN17 6HN3

Local Rents

12 rents from £1.3K/mo to £1.5K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30012/240.13 miSussex Street, Littlehampton3
£1,37512/240.23 miWick Farm Road, Wick3
£1,37512/240.23 miManning Road, Littlehampton3
£1,30003/250.25 mi-3
£1,37512/240.26 miWick Farm Road, Littlehampton3
£1,45012/240.27 miClun Road, Wick3
£1,50012/240.34 miCornwall Road, Littlehampton3
£1,40012/240.34 mi-3
£1,40012/240.34 mi-3
£1,40012/240.43 miLinden Road, Littlehampton, West Sussex, BN173
£1,45012/240.48 miFalcon Gardens, Wick, Littlehampton, West Sussex3
£1,29512/240.52 miLyminster Road, Wick3

Local Area Statistics

Population in BN17

28,522

Population in Littlehampton

56,651

Town centre distance

0.99 miles away

Nearest school

0.10 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £200,000

March 28, 2025

Listed for £224,950

May 21, 2024

Floor Plans

Description

  • Chain Free! +
  • Garage +
  • Terraced House +
  • Three Bedrooms +
  • Conservatory +
  • Generous Living Room +
  • Popular Residential Location +
  • Open Plan Kitchen/Diner +
  • Enclosed Front & Rear Gardens +
  • Modernisation Required +

The Property
Offered to the market CHAIN FREE!

A three bedroom mid terraced house with GARAGE, situated in a popular residential location on the borders of the sought after suburb of Wick, Littlehampton. The property is conveniently location within easy reach to an excellent choice of amenities and shopping in the surrounding area, to include the convenience of major supermarkets and well regarded school, including White Meadows Primary School within close proximity.

The location also offers easy access along the coasts via the A27 towards surrounding towns and the thriving coastal resort of Brighton and major motorway networks and central London via the A24.

The property is approached by an enclosed front garden and footpath towards the front entrance porch and hall, into a generous 13ft living room, with through access into the 12'8 open plan kitchen/diner and conservatory to the rear.

Three good sized bedrooms occupy the first floor along with the family bathroom.

The property comes complete with an enclosed garden to the rear and a shared access to path to one side.

The garage is located en bloc nearby.

Although in need of renovation, the property offers fantastic opportunity for personalisation to the new home owner and offering a well appointed position of a popular residential location.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Brighton

020 3840 3509

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪