2 Bed Terraced House, Cash/Bridging Only, Littlehampton, BN16 2QQ, £155,000

11 Harsfold Close, Rustington, Littlehampton, West Sussex, BN16 2QQ - 3 views - 10 months ago

Sold STC
Leasehold
Cash
ROI: 1%
~72 m²
+11 photos

ValuationUndervalued

Sold Prices£252.5K - £835K
Sold Prices/m²£3.3K/m² - £11.3K/m²

 

 

Square Metres

~71.50 m²
Price/m²£2.2K/m²

Value Estimate

£159,650
BMV3%

 

 

End Value (After Refurb)

£286,905

Uplift in Value

+85%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£5,850

Refurb Costs

£33,632

Bridging Loan Interest

£4,069

Total Cash In

£84,051

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£286,905

Agent Fees (1%)

£2,869

Bridging Loan

£116,250

Bridging Loan Interest

£4,069

Flip Profit

£83,735

Local Sold Prices

50 sold prices from £252.5K to £835K, average is £358.8K. £3.3K/m² to £11.3K/m², average is £5.5K/m².

PriceDateDistanceAddressBeds 
£375K08/210.29 mi27, Holmes Lane, Rustington, Littlehampton, West Sussex BN16 2PY2
£300K03/210.31 mi3, East Bank Walk, Littlehampton, West Sussex BN17 6PT2
£390K03/210.31 mi2, Seafield Road, Rustington, Littlehampton, West Sussex BN16 2SE2
£275K11/200.33 mi14, Seagate Walk, Littlehampton, West Sussex BN17 6PU2
£315K11/200.33 mi3, Seagate Walk, Littlehampton, West Sussex BN17 6PU2
£392K03/210.35 mi15, Humber Close, Littlehampton, West Sussex BN17 6RB2
£300K06/230.36 mi65, Chaucer Avenue, Rustington, Littlehampton, West Sussex BN16 2PG2
£267.5K03/210.37 mi16, Ashton Gardens, Rustington, Littlehampton, West Sussex BN16 2SH2
£425K05/230.37 mi61, Tennyson Avenue, Rustington, Littlehampton, West Sussex BN16 2PH2
£351.8K12/200.38 mi2, Milton Close, Rustington, Littlehampton, West Sussex BN16 2PN2
£565K03/230.41 mi9, Parry Drive, Rustington, Littlehampton, West Sussex BN16 2QY2
£420K09/230.42 mi9, Malin Road, Littlehampton, West Sussex BN17 6NN2
£365K12/220.42 mi101, The Whapple, Littlehampton, West Sussex BN17 6QN2
£255.5K06/210.43 mi2, Hawthorn Close, Rustington, Littlehampton, West Sussex BN16 2JJ2
£475K04/210.44 miFlat 14, Heritage Place, Broadmark Lane, Rustington, Littlehampton, West Sussex BN16 2GY2
£285K12/200.44 mi21, Chaucer Avenue, Rustington, Littlehampton, West Sussex BN16 2PQ2
£325K03/210.44 mi51, Chaucer Avenue, Rustington, Littlehampton, West Sussex BN16 2PQ2
£355K05/230.44 mi47, Chaucer Avenue, Rustington, Littlehampton, West Sussex BN16 2PQ2
£285K12/200.44 mi21, Chaucer Avenue, Rustington, Littlehampton, West Sussex BN16 2PQ2
£362.5K09/230.47 mi11, Middle Mead, Littlehampton, West Sussex BN17 6QH2
£260K12/200.47 mi9, Middle Mead, Littlehampton, West Sussex BN17 6QH2
£750K02/230.48 mi4, Broadmark Way, Rustington, Littlehampton, West Sussex BN16 2EY2
£495K10/230.49 mi14, Box Tree Avenue, Rustington, Littlehampton, West Sussex BN16 2RA2
£445K02/230.49 mi4, Milton Avenue, Rustington, Littlehampton, West Sussex BN16 2PP2
£835K08/230.52 mi55, The Street, Rustington, Littlehampton, West Sussex BN16 3NU2
£415K08/210.53 mi4, The Estuary, Littlehampton, West Sussex BN17 6NF2
£339K02/210.53 mi5, Short Furlong, Littlehampton, West Sussex BN17 6NG2
£265K11/210.57 mi44, Windward Close, Littlehampton, West Sussex BN17 6QX2
£330K08/230.57 mi56, Windward Close, Littlehampton, West Sussex BN17 6QX2
£540K01/210.58 mi9, Amberley Road, Rustington, Littlehampton, West Sussex BN16 2EF2
£490K06/230.59 mi127, Old Manor Road, Rustington, Littlehampton, West Sussex BN16 3PX2
£305K07/230.61 mi41, The Winter Knoll, Littlehampton, West Sussex BN17 6NQ2
£490K01/230.61 mi1, Amberley Road, Rustington, Littlehampton, West Sussex BN16 2EE2
£298.4K03/210.63 mi17, Esher Drive, Littlehampton, West Sussex BN17 6AA2
£420K02/230.63 mi25, Esher Drive, Littlehampton, West Sussex BN17 6AA2
£340K11/230.63 mi10, Armada Way, Littlehampton, West Sussex BN17 6QY2
£485K12/210.63 mi2, Dingley Road, Rustington, Littlehampton, West Sussex BN16 3PY2
£325K10/230.63 mi16, Dingley Road, Rustington, Littlehampton, West Sussex BN16 3PY2
£355K12/230.63 mi10, Dingley Road, Rustington, Littlehampton, West Sussex BN16 3PY2
£395K01/210.63 mi4, Dingley Road, Rustington, Littlehampton, West Sussex BN16 3PY2
£390K12/230.64 mi15, Church Road, Rustington, Littlehampton, West Sussex BN16 3NN2
£280K05/210.64 mi51, Church Road, Rustington, Littlehampton, West Sussex BN16 3NN2
£337K06/230.64 mi57, Church Road, Rustington, Littlehampton, West Sussex BN16 3NN2
£400K12/200.67 mi11, Broadmark Lane, Rustington, Littlehampton, West Sussex BN16 2NW2
£700K08/230.67 mi15, Broadmark Lane, Rustington, Littlehampton, West Sussex BN16 2NW2
£252.5K06/230.67 mi16, Ensign Way, Littlehampton, West Sussex BN17 6RQ2
£545K06/230.67 mi3, Acre Close, Rustington, Littlehampton, West Sussex BN16 3PG2
£535K05/210.68 mi5, Dolphin Way, Rustington, Littlehampton, West Sussex BN16 2EL2
£290K06/210.68 mi31, Admirals Walk, Littlehampton, West Sussex BN17 6RH2
£265K02/210.68 mi27, Admirals Walk, Littlehampton, West Sussex BN17 6RH2

Local Rents

12 rents from £1.1K/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.05 miAegean House Harsfold Close, Rustington, West Sussex, BN162
£1,20012/240.28 miChurchill Court, Rustington2
£1,15012/240.31 miOverstrand Avenue, Rustington, Littlehampton, West Sussex2
£1,15007/230.36 mi-2
£1,19511/240.36 mi-2
£1,45012/240.44 miBroadmark Lane, Rustington, Littlehampton, West Sussex, BN162
£1,40012/240.44 miRustington2
£1,40003/250.47 mi-2
£1,25012/240.49 miBroadmark Lane, Rustington2
£1,32512/240.54 miSutton Avenue, Rustington, Littlehampton, West Sussex, BN162
£1,30003/250.56 mi-2
£1,35012/240.59 miOld Manor Road, Rustington2

Local Area Statistics

Population in BN16

28,125

Population in Littlehampton

56,651

Town centre distance

1.16 miles away

Nearest school

0.90 miles away

Nearest train station

1.33 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £155,000

June 28, 2024

Sold for £77,500

1999

Sold for £26,000

1998

Sold for £52,000

1998

Sold for £49,950

1997

Sold for £43,500

1996

Floor Plans

Description

  • Ground Floor +
  • Garage in Compound +
  • Two Double Bedrooms +
  • Large Kitchen/Breakfast Room +
  • Sun Terrace +

CASH BUYERS ONLY DUE TO LEASE LENGTH

A deceptively spacious two bedroom ground floor apartment situated on a delightful Cul-de-Sac near Rustington Village. Boasting a garage en bloc and being sold chain free this is a wonderful opportunity to buy a generously sized apartment in an excellent area. The property features two large bedrooms, bathroom with separate W/C, large kitchen with room for dining and a bright and spacious lounge with south facing balcony. Call our Rustington branch to view

Agent Details

Graham Butt Estate Agents, Rustington

01903 944870

Next Steps?

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