2 Bed Flat, Single Let, Littlehampton, BN16 3EJ, £230,000

2 Bramber Square, Rustington, West Sussex, BN16 3EJ - 7 months ago

Leasehold
BTL
ROI: 3%
~69 m²
+9 photos

ValuationUndervalued

Sold Prices£107.5K - £460K
Sold Prices/m²£1.9K/m² - £4.9K/m²

 

 

Square Metres

~68.75 m²
Price/m²£3.3K/m²

Value Estimate

£243,140
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£12,700

Total Cash In

£70,200

 

 

Cash Out

 

Rent Range

£995 - £1,600

Rent Estimate

£1,138

Running Costs/mo

£966

Cashflow/mo

£172

Cashflow/yr

£2,060

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £107.5K to £460K, average is £252.5K. £1.9K/m² to £4.9K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£233.5K06/210.06 mi36, Chichester Court, Rustington, Littlehampton, West Sussex BN16 3EL2
£140K08/230.06 mi23, Chichester Court, Rustington, Littlehampton, West Sussex BN16 3EL2
£257K11/220.07 miFlat 1, Mendip Court, Woodlands Avenue, Rustington, Littlehampton, West Sussex BN16 3DX2
£235K06/210.09 miFlat 8, Trafalgar Court, Woodlands Avenue, Rustington, Littlehampton, West Sussex BN16 3ES2
£182.5K02/230.1 miFlat 60, Abbotswood, Station Road, Rustington, Littlehampton, West Sussex BN16 3BJ2
£187.5K06/230.1 miFlat 34, Abbotswood, Station Road, Rustington, Littlehampton, West Sussex BN16 3BJ2
£260K01/230.13 mi7, The Limes, Rustington, Littlehampton, West Sussex BN16 3AQ2
£255K12/220.13 mi9, The Limes, Rustington, Littlehampton, West Sussex BN16 3AQ2
£275K12/220.14 mi3, Elm Place, Rustington, Littlehampton, West Sussex BN16 3BL2
£220K01/210.14 mi42, Elm Place, Rustington, Littlehampton, West Sussex BN16 3BL2
£206K11/220.16 mi187, The Street, Rustington, Littlehampton, West Sussex BN16 3DN2
£205K11/220.16 mi181, The Street, Rustington, Littlehampton, West Sussex BN16 3DN2
£300K09/230.22 miFlat 5, Pegasus Court, The Street, Rustington, Littlehampton, West Sussex BN16 3NS2
£290K01/210.22 miFlat 2, Pegasus Court, The Street, Rustington, Littlehampton, West Sussex BN16 3NS2
£227.5K04/210.22 miFlat 30, Pegasus Court, The Street, Rustington, Littlehampton, West Sussex BN16 3NS2
£170K06/210.24 mi51, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£280K09/210.24 mi34, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£258K12/200.24 mi43, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£274K11/220.24 mi36, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£107.5K06/210.31 miFlat 11, Richmond Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2TJ2
£198K06/230.31 miFlat 7, Richmond Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2TJ2
£250K05/230.35 miFlat 8, Rowan House, Cudlow Garden, Rustington, Littlehampton, West Sussex BN16 2RH2
£235K03/210.36 mi1, Cedar Lodge, Rustington, Littlehampton, West Sussex BN16 2RJ2
£255K11/230.37 mi1, Mulberry Lodge, Rustington, Littlehampton, West Sussex BN16 2RN2
£253K10/230.37 miFlat 2, Ilex House, Cudlow Garden, Rustington, Littlehampton, West Sussex BN16 2RL2
£255K03/230.37 miFlat 6, Ilex House, Cudlow Garden, Rustington, Littlehampton, West Sussex BN16 2RL2
£295K02/210.4 miThe Bays, 3, Walnut Avenue, Rustington, Littlehampton, West Sussex BN16 3NY2
£285K03/210.4 mi1, Walnut Avenue, Rustington, Littlehampton, West Sussex BN16 3NY2
£250K03/230.4 mi2, Hazel Lodge, Rustington, Littlehampton, West Sussex BN16 2RW2
£225K12/200.4 mi4, Hazel Lodge, Rustington, Littlehampton, West Sussex BN16 2RW2
£225K08/230.44 mi42, Allangate Drive, Rustington, Littlehampton, West Sussex BN16 3JE2
£275K03/230.49 mi4, Summers Close, Rustington, Littlehampton, West Sussex BN16 2HY2
£195K11/200.51 miFlat 9, Shaftesbury Court, Shaftesbury Road, Rustington, Littlehampton, West Sussex BN16 2HU2
£225K10/230.51 miFlat 12a, Shaftesbury Court, Shaftesbury Road, Rustington, Littlehampton, West Sussex BN16 2HU2
£191K12/200.54 mi24, Walders Road, Rustington, Littlehampton, West Sussex BN16 3PE2
£270K01/230.57 miFlat 7, Rawson Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2SD2
£250K05/230.57 miFlat 8, Rawson Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2SD2
£412K12/220.6 miFlat 18, Heritage Place, Broadmark Lane, Rustington, Littlehampton, West Sussex BN16 2GY2
£250K03/210.61 miFlat 7, Dolphin Court, Dolphin Way, Rustington, Littlehampton, West Sussex BN16 2EN2
£227K06/210.64 miDrake Court, 23, Overstrand Avenue, Rustington, Littlehampton, West Sussex BN16 2JS2
£252K02/230.64 miGrenville Court, 27, Overstrand Avenue, Rustington, Littlehampton, West Sussex BN16 2JS2
£290K11/220.66 miHardy Court, 38, Overstrand Avenue, Rustington, Littlehampton, West Sussex BN16 2JU2
£320K04/210.66 miJellicoe Court, 58, Overstrand Avenue, Rustington, Littlehampton, West Sussex BN16 2JT2
£350K07/230.66 miJellicoe Court, 72, Overstrand Avenue, Rustington, Littlehampton, West Sussex BN16 2JT2
£260K08/230.69 mi9, Langmeads Close, East Preston, Littlehampton, West Sussex BN16 3FF2
£460K09/210.69 mi97, Whitehorses Way, Littlehampton, West Sussex BN17 6NL2
£315K04/230.7 miFlat 7, Norfolk Court, Chanctonbury Road, Rustington, Littlehampton, West Sussex BN16 2JX2
£270K05/210.7 miFlat 8, Norfolk Court, Chanctonbury Road, Rustington, Littlehampton, West Sussex BN16 2JX2
£285K06/230.71 miFlat 1, Selsey Court, Chanctonbury Road, Rustington, Littlehampton, West Sussex BN16 2LD2
£229K04/210.71 miFlat 7, Charlotte House, Station Road, East Preston, Littlehampton, West Sussex BN16 3AG2

Local Rents

15 rents from £995/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.06 miDinsdale Gardens, Rustington, Littlehampton, BN162
£99512/240.08 miMendip Court, Woodlands Avenue, Rustington, West Sussex2
£1,20012/240.09 miWoodlands Avenue, Rustington, Littlehampton2
£1,25012/240.11 miFittleworth Garden, Rustington, West Sussex2
£1,15012/240.11 miFittleworth Gardens, Rustington, Rustington, BN162
£1,35012/240.28 miOld Manor Road, Rustington2
£1,60012/240.32 miFircroft Crescent, Rustington2
£1,30003/250.4 mi-2
£1,40012/240.44 miRustington2
£1,32512/240.48 miSutton Avenue, Rustington, Littlehampton, West Sussex, BN162
£1,10012/240.54 miWorthing Road, Rustington, Littlehampton2
£1,15007/230.55 mi-2
£1,19510/240.55 mi-2
£1,45012/240.6 miBroadmark Lane, Rustington, Littlehampton, West Sussex, BN162
£1,20012/240.6 miDolphin Way, Rustington, Littlehampton, West Sussex, BN162

Local Area Statistics

Population in BN16

28,125

Population in Littlehampton

56,651

Town centre distance

0.96 miles away

Nearest school

0.40 miles away

Nearest train station

0.76 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £230,000

January 8, 2025

Listed for £240,000

September 24, 2024

Floor Plans

Description

  • Purpose Built First Floor Apartment +
  • Two Double Bedrooms +
  • South Facing Balcony +
  • Garage +
  • 20'6 South Facing Lounge / Diner +
  • Fitted Kitchen | Shower Room With Separate W.C +
  • Walking Distance To Village Centre +
  • 937 Years Remaining On The Lease +
  • No Forward Chain +
  • EER - C69 +

Introducing this charming first-floor apartment located in the heart of Rustington village. Boasting two spacious double bedrooms, a 20'6 south-facing lounge/diner, and a delightful south-facing balcony, this purpose-built property offers a comfortable and inviting living space.

The apartment features a well-equipped fitted kitchen, a re-fitted shower room, and a separate w.c for added convenience. With gas central heating and double glazing throughout, this home provides a welcoming environment all year round. Plus, with a garage in the compound, you'll have peace of mind knowing your vehicle is secure.

Enjoy the tranquillity of the well-maintained communal gardens and soak up the sunshine on your private south-facing balcony. With 937 years remaining on the lease and no forward chain, this property presents a fantastic opportunity for those looking to purchase their next home.

Not only does this apartment offer comfortable living spaces, but its location is also unbeatable. Situated just a short walk from Rustington village centre, residents can enjoy easy access to local shops, cafes, and amenities. Additionally, Angmering train station is approximately one mile away, providing direct routes to London Victoria for commuters. Plus, with the seafront just half a mile away, you can enjoy peaceful coastal walks and stunning sea views right on your doorstep.

Don't miss out on the chance to view this fantastic property in Rustington village. Contact us today to arrange a viewing and make this apartment your new home.

Property Information

Tenure – Leasehold – 937 years remaining on the lease

Block Service Charge: £517.91 (per 6 months)
Estate Service Charge: £190.35 (per 6 months)
Ground Rent: £16.00 per annum

Council Tax Band - C
Energy Efficiency Rating – C69

Agent Details

Glyn-Jones & Co, Rustington

01903 497288

Next Steps?

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