2 Bed Flat, Single Let, Littlehampton, BN16 3QQ, £195,000

4 Manor Court Barnsite Close, Rustington, Littlehampton, BN16 3QQ - 5 months ago

Leasehold
BTL
ROI: 5%
~62 m²
+7 photos

ValuationUndervalued

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

 

 

Square Metres

~61.50 m²
Price/m²£3.2K/m²

Value Estimate

£211,523
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£10,950

Total Cash In

£59,700

 

 

Cash Out

 

Rent Range

£995 - £1,600

Rent Estimate

£1,100

Running Costs/mo

£849

Cashflow/mo

£251

Cashflow/yr

£3,008

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £107.5K to £460K, average is £252.5K. £1.9K/m² to £4.9K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£191K12/200.24 mi24, Walders Road, Rustington, Littlehampton, West Sussex BN16 3PE2
£295K02/210.31 miThe Bays, 3, Walnut Avenue, Rustington, Littlehampton, West Sussex BN16 3NY2
£285K03/210.31 mi1, Walnut Avenue, Rustington, Littlehampton, West Sussex BN16 3NY2
£300K09/230.31 miFlat 5, Pegasus Court, The Street, Rustington, Littlehampton, West Sussex BN16 3NS2
£290K01/210.31 miFlat 2, Pegasus Court, The Street, Rustington, Littlehampton, West Sussex BN16 3NS2
£227.5K04/210.31 miFlat 30, Pegasus Court, The Street, Rustington, Littlehampton, West Sussex BN16 3NS2
£257K11/220.36 miFlat 1, Mendip Court, Woodlands Avenue, Rustington, Littlehampton, West Sussex BN16 3DX2
£233.5K06/210.37 mi36, Chichester Court, Rustington, Littlehampton, West Sussex BN16 3EL2
£140K08/230.37 mi23, Chichester Court, Rustington, Littlehampton, West Sussex BN16 3EL2
£235K06/210.38 miFlat 8, Trafalgar Court, Woodlands Avenue, Rustington, Littlehampton, West Sussex BN16 3ES2
£107.5K06/210.38 miFlat 11, Richmond Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2TJ2
£198K06/230.38 miFlat 7, Richmond Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2TJ2
£170K06/210.4 mi51, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£280K09/210.4 mi34, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£258K12/200.4 mi43, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£274K11/220.41 mi36, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£255K12/220.41 mi9, The Limes, Rustington, Littlehampton, West Sussex BN16 3AQ2
£260K01/230.42 mi7, The Limes, Rustington, Littlehampton, West Sussex BN16 3AQ2
£255K11/230.48 mi1, Mulberry Lodge, Rustington, Littlehampton, West Sussex BN16 2RN2
£182.5K02/230.48 miFlat 60, Abbotswood, Station Road, Rustington, Littlehampton, West Sussex BN16 3BJ2
£187.5K06/230.48 miFlat 34, Abbotswood, Station Road, Rustington, Littlehampton, West Sussex BN16 3BJ2
£206K11/220.49 mi187, The Street, Rustington, Littlehampton, West Sussex BN16 3DN2
£205K11/220.49 mi181, The Street, Rustington, Littlehampton, West Sussex BN16 3DN2
£250K05/230.5 miFlat 8, Rowan House, Cudlow Garden, Rustington, Littlehampton, West Sussex BN16 2RH2
£235K03/210.51 mi1, Cedar Lodge, Rustington, Littlehampton, West Sussex BN16 2RJ2
£253K10/230.52 miFlat 2, Ilex House, Cudlow Garden, Rustington, Littlehampton, West Sussex BN16 2RL2
£255K03/230.52 miFlat 6, Ilex House, Cudlow Garden, Rustington, Littlehampton, West Sussex BN16 2RL2
£275K12/220.54 mi3, Elm Place, Rustington, Littlehampton, West Sussex BN16 3BL2
£220K01/210.54 mi42, Elm Place, Rustington, Littlehampton, West Sussex BN16 3BL2
£250K03/230.55 mi2, Hazel Lodge, Rustington, Littlehampton, West Sussex BN16 2RW2
£225K12/200.55 mi4, Hazel Lodge, Rustington, Littlehampton, West Sussex BN16 2RW2
£460K09/210.58 mi97, Whitehorses Way, Littlehampton, West Sussex BN17 6NL2
£195K11/200.69 miFlat 9, Shaftesbury Court, Shaftesbury Road, Rustington, Littlehampton, West Sussex BN16 2HU2
£225K10/230.69 miFlat 12a, Shaftesbury Court, Shaftesbury Road, Rustington, Littlehampton, West Sussex BN16 2HU2
£275K03/230.71 mi4, Summers Close, Rustington, Littlehampton, West Sussex BN16 2HY2
£270K01/230.71 miFlat 7, Rawson Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2SD2
£250K05/230.71 miFlat 8, Rawson Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2SD2
£225K08/230.76 mi42, Allangate Drive, Rustington, Littlehampton, West Sussex BN16 3JE2
£315K04/210.76 miFlat 4, Pacific House, Harsfold Close, Rustington, Littlehampton, West Sussex BN16 2SS2
£300K10/200.76 miFlat 7, Pacific House, Harsfold Close, Rustington, Littlehampton, West Sussex BN16 2SS2
£215K04/230.77 mi25, The Martlets, Rustington, Littlehampton, West Sussex BN16 2UA2
£287K05/210.78 miApartment 8, Coast, Harsfold Road, Rustington, Littlehampton, West Sussex BN16 2QR2
£317K09/210.79 miApartment 9, Coast, Harsfold Road, Rustington, Littlehampton, West Sussex BN16 2QR2
£285K06/230.79 miFlat 1, Selsey Court, Chanctonbury Road, Rustington, Littlehampton, West Sussex BN16 2LD2
£350K05/230.8 miFlat 7, Caspian House, Harsfold Close, Rustington, Littlehampton, West Sussex BN16 2QT2
£315K04/230.81 miFlat 7, Norfolk Court, Chanctonbury Road, Rustington, Littlehampton, West Sussex BN16 2JX2
£270K05/210.81 miFlat 8, Norfolk Court, Chanctonbury Road, Rustington, Littlehampton, West Sussex BN16 2JX2
£227K06/210.81 miDrake Court, 23, Overstrand Avenue, Rustington, Littlehampton, West Sussex BN16 2JS2
£252K02/230.81 miGrenville Court, 27, Overstrand Avenue, Rustington, Littlehampton, West Sussex BN16 2JS2
£145K12/200.81 mi28, Harsfold Close, Rustington, Littlehampton, West Sussex BN16 2QQ2

Local Rents

17 rents from £995/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30003/250.12 mi-2
£1,10012/240.18 miWorthing Road, Rustington, Littlehampton2
£1,09512/240.26 miLanyards, Littlehampton, West Sussex2
£1,20012/240.26 miLanyards, Littlehampton, West Sussex, BN172
£1,35012/240.27 miOld Manor Road, Rustington2
£1,25012/240.29 miCapstan Drive, Beaumont Park2
£1,20012/240.29 miCapstan Drive, Littlehampton, West Sussex2
£1,20012/240.33 miWoodlands Avenue, Rustington, Littlehampton2
£99512/240.35 miMendip Court, Woodlands Avenue, Rustington, West Sussex2
£1,20012/240.36 miDinsdale Gardens, Rustington, Littlehampton, BN162
£1,25012/240.36 miKeelson Way, Littlehampton, West Sussex, BN172
£1,40012/240.36 miRustington2
£1,25012/240.37 miFittleworth Garden, Rustington, West Sussex2
£1,15012/240.37 miFittleworth Gardens, Rustington, Rustington, BN162
£1,25012/240.4 miFleet Close, Littlehampton2
£1,30012/240.44 miCompass Close, Littlehampton, West Sussex, BN172
£1,60012/240.55 miFircroft Crescent, Rustington2

Local Area Statistics

Population in BN16

28,125

Population in Littlehampton

56,651

Town centre distance

0.55 miles away

Nearest school

0.10 miles away

Nearest train station

1.08 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £195,000

January 8, 2025

Listed for £215,000

November 5, 2024

Floor Plans

Description

  • Two Double Bedrooms +
  • Garage in Compound +
  • Chain Free +
  • Long Lease +
  • First Floor +

Spacious and well-proportioned First Floor apartment near Rustington Village, boasting two bedrooms and ideally located at the end of a quiet cul-de-sac. This charming property is within walking distance of local amenities and is being sold chain-free, complete with a garage in the compound and a long lease. Inside, both bedrooms are generously sized, and the lounge provides a welcoming, comfortable space. The kitchen offers ample worktop and storage areas, while the bathroom includes a bath, WC, and basin. This is a must-see property! Call our Rustington Branch to view

Agent Details

Graham Butt Estate Agents, Rustington

01903 944870

Next Steps?

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