3 Bed Terraced House, Single Let, Arundel, BN18 9BE, £550,000

6, PARK PLACE, ARUNDEL, WEST SUSSEX, BN18 9BE - 4 views - 10 months ago

BTL
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£320K - £1.1M
Sold Prices/m²£3.4K/m² - £8.5K/m²

 

 

Square Metres

~93 m²
Price/m²£5.9K/m²

Value Estimate

£487,829

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£34,700

Total Cash In

£172,200

 

 

Cash Out

 

Rent Range

£850 - £3,000

Rent Estimate

£995

Running Costs/mo

£1,938

Cashflow/mo

£-943

Cashflow/yr

£-11,313

Gross Yield

2%

Local Sold Prices

45 sold prices from £320K to £1.1M, average is £495K. £3.4K/m² to £8.5K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£495K03/210.04 mi70, Maltravers Street, Arundel, West Sussex BN18 9DS3
£500K10/220.06 mi7, Orchard Place, Arundel, West Sussex BN18 9BP3
£405K10/220.07 mi2, School Lane, Arundel, West Sussex BN18 9DR3
£515K12/200.07 mi8, King Street, Arundel, West Sussex BN18 9BW3
£615K03/210.07 mi75, Maltravers Street, Arundel, West Sussex BN18 9BQ3
£470K11/230.1 mi21, Wheelwrights Close, Arundel, West Sussex BN18 9TA3
£482.5K10/230.1 mi2, Wheelwrights Close, Arundel, West Sussex BN18 9TA3
£650K06/210.1 mi56, Tarrant Street, Arundel, West Sussex BN18 9DN3
£700K05/210.1 mi97, Tarrant Street, Arundel, West Sussex BN18 9DN3
£925K11/220.1 mi52, Tarrant Street, Arundel, West Sussex BN18 9DN3
£510K03/230.12 mi3, Surrey Wharf, Arundel, West Sussex BN18 9DW3
£700K11/200.15 mi44, Maltravers Street, Arundel, West Sussex BN18 9BU3
£325K06/210.15 mi20, Tarrant Street, Arundel, West Sussex BN18 9DJ3
£365K06/210.18 mi6, Daltons Place, Arundel, West Sussex BN18 9JU3
£600K06/210.2 mi1a, Brewery Hill, Arundel, West Sussex BN18 9DQ3
£881.1K06/210.21 mi17, Maltravers Street, Arundel, West Sussex BN18 9AP3
£890K10/200.22 mi29, Tarrant Street, Arundel, West Sussex BN18 9DG3
£655K06/210.22 mi19, Nineveh Shipyard, Arundel, West Sussex BN18 9SU3
£690K01/210.23 mi1, Nineveh Shipyard, Arundel, West Sussex BN18 9SU3
£450K08/210.23 mi68, Fitzalan Road, Arundel, West Sussex BN18 9JY3
£350K12/200.23 mi70, Fitzalan Road, Arundel, West Sussex BN18 9JY3
£432K04/210.24 mi17, Ford Road, Arundel, West Sussex BN18 9DX3
£351K04/210.29 mi44, Ford Road, Arundel, West Sussex BN18 9EQ3
£432.5K11/220.29 mi26, Ford Road, Arundel, West Sussex BN18 9EQ3
£480K05/230.3 mi3, Penfolds Place, Arundel, West Sussex BN18 9SA3
£525K02/210.3 miCloud, 9, Penfolds Place, Arundel, West Sussex BN18 9SA3
£420K03/210.31 mi11, Woodview, Arundel, West Sussex BN18 9ED3
£540K12/230.33 mi41, Fitzalan Road, Arundel, West Sussex BN18 9JP3
£440K11/200.34 mi11, Torton Hill Road, Arundel, West Sussex BN18 9HF3
£1.1M11/220.34 mi35a, Torton Hill Road, Arundel, West Sussex BN18 9HF3
£448.5K03/230.35 mi24, Howard Road, Arundel, West Sussex BN18 9EL3
£350K09/220.39 mi26, Pearson Road, Arundel, West Sussex BN18 9HR3
£337.5K06/210.39 mi48, Pearson Road, Arundel, West Sussex BN18 9HR3
£320K11/220.43 mi35, Pearson Road, Arundel, West Sussex BN18 9HP3
£349.9K05/210.43 mi13, Pearson Road, Arundel, West Sussex BN18 9HP3
£433K04/210.43 mi1, Priory Road, Arundel, West Sussex BN18 9EJ3
£445K11/200.46 mi52, Ford Road, Arundel, West Sussex BN18 9EX3
£564K11/220.5 mi76, Ford Road, Arundel, West Sussex BN18 9EX3
£651K09/220.5 mi11, Maxwell Road, Arundel, West Sussex BN18 9EU3
£620K03/210.5 mi11, Maxwell Road, Arundel, West Sussex BN18 9EU3
£687.5K04/210.53 mi46, Torton Hill Road, Arundel, West Sussex BN18 9HH3
£330K10/220.54 mi36, Dukes Close, Arundel, West Sussex BN18 9JX3
£405K04/210.56 mi1, Stewards Rise, Arundel, West Sussex BN18 9ER3
£610K09/220.69 mi1, Oak End, Arundel, West Sussex BN18 9JE3
£645K11/220.76 mi3, Birch Close, Arundel, West Sussex BN18 9HN3

Local Rents

41 rents from £850/mo to £3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£99512/240.09 miTarrant Street, Arundel1
£99512/240.27 miHigh Street, Arundel1
£1,55012/240.28 mi-3
£1,35012/240.29 mi-3
£1,60006/240.29 mi-3
£1,20012/240.37 miQueen Street, Arundel2
£2,95012/240.4 miBernard Road, Arundel, West Sussex, BN184
£1,15012/240.98 miChichester Road, Arundel, West Sussex, BN182
£1,75012/241.27 miFontwell Meadows3
£1,67512/241.27 miFontwell4
£1,59512/241.27 miThe Meadows, Crossbush3
£1,67512/241.31 miFord Road, Tortington, Arundel, West Sussex, BN183
£1,20012/241.33 mi-3
£1,95004/241.33 mi-5
£1,59512/241.33 miCrossbush Lane, Crossbush, Arundel, West Sussex, BN183
£1,35012/241.46 miTortington Lane, Tortington3
£2,40012/241.48 miLyminster4
£1,25012/241.49 miChurch Lane, Lyminster, Littlehampton, West Sussex2
£1,25012/242.04 miFalcon Gardens, Littlehampton2
£1,20012/242.09 miLyminster Road2
£1,90012/242.09 miErnest Fitches Way, Littlehampton, BN17 7EP4
£1,45012/242.1 miFalcon Gardens, Wick, Littlehampton, West Sussex3
£1,12512/242.1 miArundel Road, Poling, Arundel, West Sussex, BN182
£1,29512/242.13 miLyminster Road, Wick3
£1,85012/242.16 miBeaton Avenue Wick BN174
£1,20012/242.17 miBlackbourne Chase, Littlehampton, West Sussex2
£3,00012/242.18 miStation Road, Ford, Arundel, West Sussex, BN183
£1,20012/242.21 miPepper Pot Court, 25 Blackbourne Chase, Littlehampton2
£1,20012/242.21 miKingley Gate, Littlehampton2
£1,30003/252.32 mi-3
£1,80012/242.33 miRodney Crescent, Ford, BN18 0DB6
£1,60002/252.33 mi-4
£1,70012/242.35 mi-4
£1,50012/242.36 mi-4
£1,50012/242.36 mi-4
£1,15003/252.41 mi-2
£1,50012/242.44 miYapton Lane, Walberton2
£85012/242.44 mi-2
£1,10012/242.45 miButts Mead, Wick, Littlehampton, West Sussex2
£1,25012/242.47 miElysian Fields, Littlehampton2
£1,37512/242.48 miCheal Way, Littlehampton3

Local Area Statistics

Population in BN18

13,232

Town centre distance

0.37 miles away

Nearest school

0.20 miles away

Nearest train station

0.74 miles away

 

 

Rental growth (12m)

+10%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Price changed to £550,000

January 15, 2025

Listed for £575,000

June 15, 2024

Floor Plans

Description

  • Double Fronted Terraced Cottage +
  • 2 Reception Rooms +
  • Fitted Kitchen +
  • Feature Fireplaces & Log Burner +
  • 3 Bedrooms +
  • Large Walled Courtyard +
  • West Facing Terrace +
  • Scope to Improve +
  • No Onward Chain +

A DOUBLE FRONTED CHARACTER Cottage, available to the market for the first time in 42 years. BOASTING 3 bedrooms, 2 reception rooms and a UNIQUE WALLED GARDEN. OFFERED WITH NO ONWARD CHAIN.

A charming double fronted, Grade 2 Listed terraced cottage set in the heart of Arundel, offering kitchen/breakfast room, living room, 3 bedrooms, walled garden with viewing terrace and outlooks over Arundel.

Situated in a quiet, secluded location just off Maltravers Street, the cottage is within easy walking distance to the facilities in Arundel including mainline train station with London & Coastal services, and good road links to the surrounding area.

The bright accommodation is arranged over two floors. On the ground floor there is a spacious sitting room compromising a log burner, fitted cupboards and shelving either side. A dining room with feature fireplace and large sash window.

The kitchen is fitted with a range of eye and base level cream fronted units with an integrated fridge, oven & hob with space for further appliances. Off from the kitchen there is a utility room and modern newly fitted wet room.

On the first floor there are 2 double bedrooms both benefitting from feature fireplaces and fitted wardrobe. There is a further single bedroom and family bathroom fitted with a shower over bath, wash basin, W.C and plenty of storage space.

Outside, the attractive garden features a paved terrace area with steps leading up to a further secluded section where there is space for table and chairs. The property is offered with no onward chain.

Directions - From the roundabout on the A27 and A284, proceed into Arundel along Maltravers Street. Take the first turning on the left into Park Place where the property will be found on the right-hand side.

Disclaimer - As the seller's agent we are not surveyors or conveyancing experts and as such we cannot and do not comment on the condition of the property or issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions.

Agent Details

Sims Williams, Arundel

01903 947065

Next Steps?

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