3 Bed House, Single Let, Littlehampton, BN16 1AJ, £285,000

Ambersham Crescent, East Preston, BN16 1AJ - 3 views - 7 months ago

Under Offer
BTL
ROI: 3%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£220K - £675K
Sold Prices/m²£1.5K/m² - £6.3K/m²

 

 

Square Metres

~93 m²
Price/m²£3.1K/m²

Value Estimate

£333,528
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£11,500

Total Cash In

£82,750

 

 

Cash Out

 

Rent Range

£1,325 - £1,800

Rent Estimate

£1,363

Running Costs/mo

£1,183

Cashflow/mo

£180

Cashflow/yr

£2,157

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £220K to £675K, average is £341.3K. £1.5K/m² to £6.3K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£365K12/220 mi31, Ambersham Crescent, East Preston, Littlehampton, West Sussex BN16 1AJ3
£325K11/220.01 mi69, Ambersham Crescent, East Preston, Littlehampton, West Sussex BN16 1AJ3
£220K12/200.01 mi69, Ambersham Crescent, East Preston, Littlehampton, West Sussex BN16 1AJ3
£267K11/200.01 mi19, Ambersham Crescent, East Preston, Littlehampton, West Sussex BN16 1AJ3
£265K05/210.01 mi69, Ambersham Crescent, East Preston, Littlehampton, West Sussex BN16 1AJ3
£285K08/230.01 mi40, Downs Way, East Preston, Littlehampton, West Sussex BN16 1AB3
£340K09/230.01 mi36, Downs Way, East Preston, Littlehampton, West Sussex BN16 1AB3
£285K07/210.03 mi36, Downs Way, East Preston, Littlehampton, West Sussex BN16 1AB3
£345K04/230.04 mi28, Ambersham Crescent, East Preston, Littlehampton, West Sussex BN16 1AH3
£300K03/210.04 mi22, Ambersham Crescent, East Preston, Littlehampton, West Sussex BN16 1AH3
£396K11/220.08 mi60, Ambersham Crescent, East Preston, Littlehampton, West Sussex BN16 1AH3
£408.5K02/210.09 mi17, Warren Crescent, East Preston, Littlehampton, West Sussex BN16 1BH3
£345K05/230.09 mi3, Warren Crescent, East Preston, Littlehampton, West Sussex BN16 1BH3
£390K05/230.14 mi32, Downs Way, East Preston, Littlehampton, West Sussex BN16 1AA3
£347.5K01/210.16 mi79, Worthing Road, East Preston, Littlehampton, West Sussex BN16 1DE3
£430K04/210.21 mi8, Clarence Drive, East Preston, Littlehampton, West Sussex BN16 1EH3
£430K09/210.21 miMile Ash, Station Road, East Preston, Littlehampton, West Sussex BN16 3RB3
£285K02/230.28 mi51, Downs Way, East Preston, Littlehampton, West Sussex BN16 1AD3
£272K11/200.28 mi71, Downs Way, East Preston, Littlehampton, West Sussex BN16 1AD3
£275K06/230.28 mi47, Downs Way, East Preston, Littlehampton, West Sussex BN16 1AD3
£346K07/230.28 mi52, The Leas, Rustington, Littlehampton, West Sussex BN16 3SE3
£315K12/200.29 mi92, Roundstone Drive, East Preston, Littlehampton, West Sussex BN16 1ER3
£389K05/210.31 mi101, Roundstone Drive, East Preston, Littlehampton, West Sussex BN16 1EW3
£260K06/210.32 mi35, Roundstone Crescent, East Preston, Littlehampton, West Sussex BN16 1DG3
£355K01/230.32 mi5, Crundens Corner, Rustington, Littlehampton, West Sussex BN16 3RX3
£287.5K04/230.32 mi2, Crundens Corner, Rustington, Littlehampton, West Sussex BN16 3RX3
£430K10/220.33 mi36, Angmering Way, Rustington, Littlehampton, West Sussex BN16 3RA3
£302K03/210.33 mi47, Angmering Way, Rustington, Littlehampton, West Sussex BN16 3RA3
£254K06/210.33 mi10a, Angmering Way, Rustington, Littlehampton, West Sussex BN16 3RA3
£325K03/230.34 mi29, Cheviot Close, East Preston, Littlehampton, West Sussex BN16 1EX3
£415K11/200.34 mi9, Chestnut Close, Angmering, Littlehampton, West Sussex BN16 4NF3
£450K01/230.34 mi15, Greenwood Drive, Angmering, Littlehampton, West Sussex BN16 4JW3
£325K02/210.35 mi3, Limetree Close, East Preston, Littlehampton, West Sussex BN16 1JA3
£255K02/210.36 mi7, Munmere Way, Rustington, Littlehampton, West Sussex BN16 3SA3
£300K02/210.36 mi5, Munmere Way, Rustington, Littlehampton, West Sussex BN16 3SA3
£445K03/210.36 mi30, Greenwood Drive, Angmering, Littlehampton, West Sussex BN16 4ND3
£550K03/230.36 mi34, Greenwood Drive, Angmering, Littlehampton, West Sussex BN16 4ND3
£275K03/210.37 mi16, Cotswold Way, East Preston, Littlehampton, West Sussex BN16 1EU3
£342.5K09/230.37 mi29, Cotswold Way, East Preston, Littlehampton, West Sussex BN16 1EU3
£415K09/210.37 mi10, The Walkway, Angmering, Littlehampton, West Sussex BN16 4BF3
£325K01/210.37 mi10, The Walkway, Angmering, Littlehampton, West Sussex BN16 4BF3
£435K12/200.38 mi21, Greenwood Drive, Angmering, Littlehampton, West Sussex BN16 4JW3
£400K12/200.38 mi65, Greenwood Drive, Angmering, Littlehampton, West Sussex BN16 4JW3
£510K09/230.38 mi5, Hillview Crescent, East Preston, Littlehampton, West Sussex BN16 1RD3
£350K10/200.38 mi17, Hillview Crescent, East Preston, Littlehampton, West Sussex BN16 1RD3
£675K08/210.42 mi4, Manor Close, East Preston, Littlehampton, West Sussex BN16 1JF3
£297.5K05/210.43 mi4, Arlington Crescent, East Preston, Littlehampton, West Sussex BN16 1DL3
£343K09/230.43 mi8, Lime Grove, Angmering, Littlehampton, West Sussex BN16 4HA3
£325K02/210.43 mi20, Lime Grove, Angmering, Littlehampton, West Sussex BN16 4HA3
£309K11/200.43 mi8, Lime Grove, Angmering, Littlehampton, West Sussex BN16 4HA3

Local Rents

11 rents from £1.3K/mo to £1.8K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,60004/240.33 mi-3
£1,60012/240.33 miRustington, Rustington, BN163
£1,45012/240.34 miLimetree Close, East Preston, West Sussex, BN163
£1,45009/240.36 mi-3
£1,32512/240.41 miSheepfold Avenue, Rustington, BN163
£1,70012/240.47 miFoxdale Drive Angmering BN163
£1,55012/240.48 miPaddock Green, Rustington3
£1,80012/240.5 miBeechlands Close, East Preston, Littlehampton, West Sussex, BN163
£1,55012/240.51 miOld Worthing Road, East Preston, West Sussex3
£1,47012/240.53 miRoman Avenue, Angmering, West Sussex3
£1,35004/230.53 mi-3

Local Area Statistics

Population in BN16

28,125

Population in Littlehampton

56,651

Town centre distance

1.71 miles away

Nearest school

0.30 miles away

Nearest train station

0.23 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £285,000

September 24, 2024

Floor Plans

Description

  • Three bedroom house in East Preston +
  • No forward chain +
  • Six minuite walk to Angmering Station +
  • Ideal first time buy +
  • West facing rear garden +
  • For more information go to Cooper Adams website +

An ideal three bedroom home for first time buyers, growing families or rental investors. The property has been extended downstairs to create some extra space with the addition of a sun room. This home is ideally located for transport links, shops and amenities and local schools and enjoys a west facing garden. This property is "Legally Prepared." Cooper Adams has gathered key documents, including the title, plans, property forms, warranties, and EPC. Buyers must equest these before offering. The seller requires a 'Reservation Agreement' to protect serious buyers as they proceed to exchange of contracts.

EPC Rating: F

Agent Details

Cooper Adams Estate Agents, East Preston

01903 497284

Next Steps?

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