2 Bed Bungalow, Refurb/BRRR, Littlehampton, BN17 5QG, £399,950

8 St Marys Way, Littlehampton, West Sussex, BN17 5QG - 3 views - 8 months ago

Sold STC
Refurb/BRRR
~97 m²
+16 photos

ValuationOvervalued

Sold Prices£199.9K - £425K
Sold Prices/m²£2.8K/m² - £6K/m²

 

 

Square Metres

~96.53 m²
Price/m²£4.1K/m²

Value Estimate

£345,216

 

 

End Value (After Refurb)

£364,794

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£99,988

Stamp Duty & Legal Fees

£20,696

Refurb Costs

£45,048

Bridging Loan Interest

£10,499

Total Cash In

£177,980

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£364,794

Mortgage (After Refinance)

£273,595

Mortgage LTV

75%

Cash Left In

£177,980

Equity

£91,198

Rent Range

£880 - £1,400

Rent Estimate

£1,160

Running Costs/mo

£1,392

Cashflow/mo

£-232

Cashflow/yr

£-2,784

Gross Yield

3%

Local Sold Prices

50 sold prices from £199.9K to £425K, average is £275K. £2.8K/m² to £6K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£270K10/200.03 mi1, St Marys Way, Littlehampton, West Sussex BN17 5QG2
£280K05/210.11 mi9, Horsham Road, Littlehampton, West Sussex BN17 6BT2
£257K11/210.14 mi51, Stanhope Road, Littlehampton, West Sussex BN17 6AQ2
£215.9K02/210.19 mi6, Elm Grove Road, Littlehampton, West Sussex BN17 6AH2
£298.4K03/210.25 mi17, Esher Drive, Littlehampton, West Sussex BN17 6AA2
£420K02/230.25 mi25, Esher Drive, Littlehampton, West Sussex BN17 6AA2
£270K10/210.26 mi36, Grove Crescent, Littlehampton, West Sussex BN17 6AD2
£270K06/210.26 mi42, Grove Crescent, Littlehampton, West Sussex BN17 6AD2
£217K01/210.26 mi13, Grove Crescent, Littlehampton, West Sussex BN17 6AD2
£415K08/210.28 mi4, The Estuary, Littlehampton, West Sussex BN17 6NF2
£339K02/210.28 mi5, Short Furlong, Littlehampton, West Sussex BN17 6NG2
£400K10/220.3 mi27, Grove Crescent, Littlehampton, West Sussex BN17 6AD2
£305K07/230.31 mi41, The Winter Knoll, Littlehampton, West Sussex BN17 6NQ2
£280K02/210.34 mi28, Highdown Drive, Littlehampton, West Sussex BN17 6HJ2
£362.5K09/230.34 mi11, Middle Mead, Littlehampton, West Sussex BN17 6QH2
£260K12/200.34 mi9, Middle Mead, Littlehampton, West Sussex BN17 6QH2
£275K08/210.37 mi86, Horsham Road, Littlehampton, West Sussex BN17 6DR2
£260K09/210.39 mi30, Queen Street, Littlehampton, West Sussex BN17 6EP2
£205K12/230.39 mi24, Queen Street, Littlehampton, West Sussex BN17 6EP2
£365K12/220.39 mi101, The Whapple, Littlehampton, West Sussex BN17 6QN2
£406K06/210.41 mi28, Blakehurst Way, Littlehampton, West Sussex BN17 6HE2
£299.9K05/210.41 mi20, Parham Close, Littlehampton, West Sussex BN17 6HF2
£280K09/210.43 mi8, York Road, Littlehampton, West Sussex BN17 6EN2
£252.5K11/200.43 mi20, York Road, Littlehampton, West Sussex BN17 6EN2
£250K08/230.46 mi17, Beacon Way, Littlehampton, West Sussex BN17 6QS2
£199.9K12/200.46 miKatella Cottage, New Road, Littlehampton, West Sussex BN17 5AX2
£400K03/210.47 mi12, Blakehurst Way, Littlehampton, West Sussex BN17 6HA2
£303K02/230.47 mi24, Beacon Way, Littlehampton, West Sussex BN17 6QS2
£275K11/200.48 mi14, Seagate Walk, Littlehampton, West Sussex BN17 6PU2
£315K11/200.48 mi3, Seagate Walk, Littlehampton, West Sussex BN17 6PU2
£300K03/210.5 mi3, East Bank Walk, Littlehampton, West Sussex BN17 6PT2
£425K12/220.5 mi55, Highdown Drive, Littlehampton, West Sussex BN17 6HL2
£250K06/210.51 mi52, Fastnet Way, Littlehampton, West Sussex BN17 6PW2
£342K12/200.51 mi11, Madehurst Way, Littlehampton, West Sussex BN17 6HD2
£392K03/210.52 mi15, Humber Close, Littlehampton, West Sussex BN17 6RB2
£265K11/210.52 mi44, Windward Close, Littlehampton, West Sussex BN17 6QX2
£330K08/230.52 mi56, Windward Close, Littlehampton, West Sussex BN17 6QX2
£340K11/230.53 mi10, Armada Way, Littlehampton, West Sussex BN17 6QY2
£265K09/210.54 mi15, Timberleys, Littlehampton, West Sussex BN17 6QA2
£225K04/210.54 mi6, Howard Place, Littlehampton, West Sussex BN17 7AG2
£218K06/210.54 mi2, Howard Place, Littlehampton, West Sussex BN17 7AG2
£250K08/230.54 mi10, Howard Place, Littlehampton, West Sussex BN17 7AG2
£251K03/210.55 mi16, Linden Road, Littlehampton, West Sussex BN17 7AH2
£420K09/230.55 mi9, Malin Road, Littlehampton, West Sussex BN17 6NN2
£240K11/200.55 mi17, The Moorings, Littlehampton, West Sussex BN17 6RG2
£350K06/210.56 mi9, Oakcroft Gardens, Littlehampton, West Sussex BN17 6LT2
£265K02/210.57 mi25, Kent Road, Littlehampton, West Sussex BN17 6LQ2
£252.5K06/230.58 mi16, Ensign Way, Littlehampton, West Sussex BN17 6RQ2
£235K12/200.58 mi42, Gloucester Place, Littlehampton, West Sussex BN17 7AL2
£270K09/210.59 mi2, Keelson Way, Littlehampton, West Sussex BN17 6RN2

Local Rents

31 rents from £880/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,17509/240.29 mi-2
£1,40004/250.35 mi-2
£1,20012/240.35 miField Place, Littlehampton2
£1,30003/250.38 mi-2
£97512/240.39 miBeach Road, Littlehampton2
£1,20012/240.39 miBayford Road, Littlehampton, West Sussex2
£1,20002/250.41 mi-2
£1,25003/250.41 mi-2
£88002/250.41 mi-2
£1,15012/240.43 mi-2
£1,10012/240.43 miBeach Road, Littlehampton, West Sussex, BN172
£1,30001/250.44 mi-2
£1,30002/250.44 mi-2
£1,10012/240.45 mi-2
£1,27503/250.46 mi-2
£1,30004/250.46 mi-2
£1,05012/240.47 miArundel Road, Littlehampton2
£1,25003/250.47 mi-2
£1,00012/240.48 miSouth Terrace, Littlehampton2
£95012/240.51 miSouth Terrace, Littlehampton, West Sussex, BN172
£1,15012/240.53 miLinden Road, Littlehampton2
£1,22512/240.53 miFitzalan Road, Littlehampton2
£1,30012/240.58 miCompass Close, Littlehampton, West Sussex, BN172
£1,25012/240.59 miFleet Close, Littlehampton2
£1,25012/240.6 miKeelson Way, Littlehampton, West Sussex, BN172
£1,10012/240.6 miTerminus Place, Littlehampton2
£1,25012/240.6 miGloucester Place, Littlehampton2
£1,15012/240.6 miLinden Road, Littlehampton2
£1,15012/240.6 miLinden Road, Littlehampton2
£1,15012/240.6 miLinden Road, Littlehampton2
£1,00012/240.6 miSussex Street, Wick, Littlehampton, West Sussex, BN172

Local Area Statistics

Population in BN17

28,522

Population in Littlehampton

56,651

Town centre distance

0.79 miles away

Nearest school

0.30 miles away

Nearest train station

0.60 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £399,950

September 4, 2024

Sold for £242,500

2012

Sold for £229,950

2010

Sold for £160,000

2003

Floor Plans

Description

  • Detached Bungalow +
  • Two Double Bedrooms +
  • West Facing Lounge +
  • Double Glazing +
  • Gas Central Heating +
  • Garage & Driveway +
  • Entrance Porch +
  • Spacious Corner Plot +
  • Popular Location +
  • Early Viewing Recommended +

Detached Bungalow | Two Double Bedrooms | Modern Fitted Kitchen | Gas Central Heating | Double Glazing | Garage & Driveway | Large Corner Plot | Popular Location | Early Viewing Advised

Are you dreaming of a tranquil bungalow by the sea, a perfect retreat to call home? Look no further than this charming, detached bungalow situated in the picturesque seaside town of Littlehampton, just a stone's throw away from the lovely village of Rustington.

This sought-after property boasts spacious living quarters with two generous double bedrooms and a sunny aspect garden wrapping around three sides. The driveway can easily accommodate three or four cars, and recent renovations have added a touch of elegance with a beautiful porch, electric garage door and a water softener.

Set on a spacious corner plot, this property offers ample potential for expansion (subject to planning consent), making it an ideal canvas for your dream home. Whether you're considering converting the loft or simply enjoying the peaceful surroundings, this bungalow provides the perfect opportunity.

Conveniently located in the heart of Littlehampton, residents can enjoy a mix of coastal charm and modern amenities. With easy access to nearby shops, restaurants, and transport links, this property offers the best of coastal living.

Located in Littlehampton, residents can enjoy the nearby amenities and attractions including the beach, local shops, cafes, and schools. Just a short distance from the bungalow, you will find a wealth of amenities and attractions, including the picturesque Littlehampton Harbour, beautiful beaches, and the exciting River Arun.

Don't miss this rare opportunity - book a viewing today to secure your dream family home in Littlehampton.

Agent Details

Glyn-Jones & Co, Littlehampton

01903 497294

Next Steps?

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