3 Bed Flat, Single Let, Arundel, BN18 9FJ, £750,000

Eagle Brewery Yard, Brewery Hill, Arundel, West Sussex, BN18 9FJ - 1 views - 10 months ago

Leasehold
BTL
~182 m²
+9 photos

Valuation

Sold Prices£165K - £655K
Sold Prices/m²£2.2K/m² - £2.2K/m²

 

 

Square Metres

~182 m²
Price/m²£4.1K/m²

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£187,500

Stamp Duty & Legal Fees

£48,700

Total Cash In

£236,200

 

 

Cash Out

 

Rent Range

£775 - £3,000

Rent Estimate

£959

Running Costs/mo

£2,556

Cashflow/mo

£-1,597

Cashflow/yr

£-19,159

Gross Yield

2%

Local Sold Prices

4 sold prices from £165K to £655K, average is £317K.

PriceDateDistanceAddressBeds 
£655K09/210.12 miFlat 1, Tower House, London Road, Arundel, West Sussex BN18 9BH3
£165K05/212.48 mi68, West Way, Wick, Littlehampton, West Sussex BN17 7NA3
£184K05/212.58 mi22, Manning Road, Wick, Littlehampton, West Sussex BN17 7HT3
£450K12/212.82 mi6, Walberton Park, Walberton, Arundel, West Sussex BN18 0PJ3

Local Rents

47 rents from £775/mo to £3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£99512/240.11 miHigh Street, Arundel1
£1,55012/240.11 mi-3
£99512/240.13 miTarrant Street, Arundel1
£1,60006/240.13 mi-3
£1,20012/240.18 miQueen Street, Arundel2
£1,35012/240.43 mi-3
£2,95012/240.56 miBernard Road, Arundel, West Sussex, BN184
£1,59512/241.1 miThe Meadows, Crossbush3
£1,15012/241.16 miChichester Road, Arundel, West Sussex, BN182
£1,20012/241.16 mi-3
£1,95005/241.16 mi-5
£1,59512/241.16 miCrossbush Lane, Crossbush, Arundel, West Sussex, BN183
£2,40012/241.34 miLyminster4
£1,25012/241.42 miChurch Lane, Lyminster, Littlehampton, West Sussex2
£1,67512/241.42 miFord Road, Tortington, Arundel, West Sussex, BN183
£1,75012/241.44 miFontwell Meadows3
£1,67512/241.44 miFontwell4
£1,35012/241.56 miTortington Lane, Tortington3
£1,12512/241.93 miArundel Road, Poling, Arundel, West Sussex, BN182
£1,25012/241.99 miFalcon Gardens, Littlehampton2
£1,20012/242.02 miLyminster Road2
£1,45012/242.04 miFalcon Gardens, Wick, Littlehampton, West Sussex3
£1,29512/242.05 miLyminster Road, Wick3
£1,85012/242.05 miBeaton Avenue Wick BN174
£1,90012/242.07 miErnest Fitches Way, Littlehampton, BN17 7EP4
£1,20012/242.15 miBlackbourne Chase, Littlehampton, West Sussex2
£1,20012/242.19 miPepper Pot Court, 25 Blackbourne Chase, Littlehampton2
£1,20012/242.19 miKingley Gate, Littlehampton2
£3,00012/242.24 miStation Road, Ford, Arundel, West Sussex, BN183
£1,30003/252.27 mi-3
£1,60002/252.27 mi-4
£1,15003/252.31 mi-2
£1,50012/242.31 mi-4
£1,50012/242.31 mi-4
£1,70012/242.31 mi-4
£2,06008/242.32 mi-2
£1,10012/242.34 miButts Mead, Wick, Littlehampton, West Sussex2
£1,25012/242.38 miElysian Fields, Littlehampton2
£85012/242.38 mi-2
£1,37512/242.38 miCheal Way, Littlehampton3
£1,80012/242.4 miRodney Crescent, Ford, BN18 0DB6
£1,70012/242.4 miHolmes Way, Wick, Littlehampton4
£1,15012/242.4 miStammer Court Littlehampton2
£1,67512/242.4 mi-4
£1,65012/242.43 miOlliver Acre, Wick, Littlehampton, West Sussex, BN174
£1,29512/242.43 miGladstone Terrace, Wick, Littlehampton, West Sussex2
£77512/242.46 miWest Way, Wick1

Local Area Statistics

Population in BN18

13,232

Town centre distance

0.38 miles away

Nearest school

0.30 miles away

Nearest train station

0.58 miles away

 

 

Rental growth (12m)

+10%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Listed for £750,000

June 14, 2024

Floor Plans

Description

  • Stunning penthouse apartment in Arundel Old Town +
  • Communal Entrance Hall +
  • Entrance Hall +
  • Sitting/Dining Room/Kitchen +
  • Bedroom 1 with En-suite Bathroom +
  • Bedroom 2 with En-suite Shower Room +
  • Bedroom 3/Study +
  • Shower Room +
  • Mezzanine/Reception Area +
  • 2 Undercover parking spaces +

A stunning and beautifully presented penthouse apartment, forming part of a converted Grade II Listed former brewery building, located within an exclusive walled and gated residential development, with the benefit of two allocated undercover parking spaces, in the heart of Arundel old town.

This wonderful, spacious and versatile apartment, which measures approximately 2,000 sq.ft. gross internal area and forms part of a unique development of just thirteen properties, enjoying a wealth of original features including exposed brickwork, wonderful vaulted beamed ceilings and metal columns.

The accommodation comprises front door to Communal Entrance Hall with staircase to first floor, private front door to Entrance Hall with staircase to the second floor. The magnificent open plan Sitting/Dining Room/Kitchen has a vaulted beamed ceiling, wide plank engineered oak flooring with underfloor heating and a door leading to a glazed balconet providing views over Arundel rooftops. The modern contemporary Kitchen features granite worktops, freestanding range style cooker with cooker hood above, various built-in Neff appliances including washing machine, dishwasher, fridge and freezer.

A staircase from the Sitting Area leads to the Mezzanine/Reception which overlooks the Sitting/Dining Room/Kitchen.

There are two double Bedrooms, with Bedroom 1 having a well-appointed En-suite Bathroom with panelled bath, tiled shower cubicle, wash hand basin and low level WC. Bedroom 2 also has an En-suite Shower Room with tiled shower cubicle, wash hand basin and low level WC. Bedroom 3/Study has an adjoining Shower Room with tiled shower cubicle, wash hand basin and low level WC.

Electronically operated gates lead to a cobbled driveway which in turn leads to the undercover parking area with two allocated parking spaces.

Location
The delightful town centre of Arundel has a wealth of artisan shops and bistros, and is dominated by the Castle of the Duke of Norfolk. The tidal River Arun flows to the Coast and other attractions nearby include the Wildfowl and Wetlands Centre, the Lido, the beautiful beaches to the south and the South Downs National Park to the north. The surrounding countryside provides many recreational pursuits including golf, mountain biking, walking on the numerous footpaths and bridle paths and gliding from the South Downs near Storrington. Horse racing can be found at both Fontwell Park and Goodwood. The Goodwood Estate also hosts the famous Festival of Speed and Revival meetings.

There is a mainline railway station at Arundel serving Gatwick Airport in around forty-five minutes and London Victoria in around one hour thirty minutes. The cathedral city of Chichester provides comprehensive shopping facilities arranged within a partly pedestrianised centre.

Agent Details

Jackson-Stops, Chichester

01243 217440

Next Steps?

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