3 Bed Terraced House, Single Let, Littlehampton, BN17 7JE, £270,000

19 Elspring Mead, Littlehampton, West Sussex, BN17 7JE - 4 views - 6 months ago

BTL
ROI: 1%
84 m²
+6 photos

ValuationUndervalued

Sold Prices£185K - £440K
Sold Prices/m²£2.3K/m² - £6.1K/m²

 

 

Square Metres

84 m²
Price/m²£3.2K/m²

Value Estimate

£282,407

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£12,700

Total Cash In

£80,200

 

 

Cash Out

 

Rent Range

£1,295 - £3,000

Rent Estimate

£1,322

Running Costs/mo

£1,128

Cashflow/mo

£194

Cashflow/yr

£2,326

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £185K to £440K, average is £272.5K. £2.3K/m² to £6.1K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£230K08/210.05 mi95, Greenfields, Wick, Littlehampton, West Sussex BN17 7HF3
£220K06/210.05 mi74, Greenfields, Wick, Littlehampton, West Sussex BN17 7HF3
£250K11/220.05 mi98, Greenfields, Wick, Littlehampton, West Sussex BN17 7HF3
£227K03/210.05 mi28, Greenfields, Wick, Littlehampton, West Sussex BN17 7JF3
£253K06/210.05 mi25, Greenfields, Wick, Littlehampton, West Sussex BN17 7JF3
£221K12/200.05 mi19, Greenfields, Wick, Littlehampton, West Sussex BN17 7JF3
£215K04/210.05 mi26, Greenfields, Wick, Littlehampton, West Sussex BN17 7JF3
£203K11/200.1 mi4, Heo Green, Wick, Littlehampton, West Sussex BN17 7JB3
£199K01/210.13 mi10, White Acre, Wick, Littlehampton, West Sussex BN17 7JA3
£417.5K09/230.14 mi59, Henry Lock Way, Littlehampton, West Sussex BN17 7FB3
£265K03/230.14 mi13, Wheatcroft, Wick, Littlehampton, West Sussex BN17 7NY3
£275K02/230.14 mi41, Wheatcroft, Wick, Littlehampton, West Sussex BN17 7NY3
£225K05/210.15 mi59, Joyce Close, Wick, Littlehampton, West Sussex BN17 7JG3
£240K05/210.17 mi36, Belloc Road, Wick, Littlehampton, West Sussex BN17 7EZ3
£265K05/210.17 mi43, Belloc Road, Wick, Littlehampton, West Sussex BN17 7EZ3
£235K12/220.17 mi219, Clun Road, Wick, Littlehampton, West Sussex BN17 7ES3
£286.5K08/210.19 mi56, Courtwick Road, Wick, Littlehampton, West Sussex BN17 7NP3
£337.5K01/230.2 mi108, Manning Road, Wick, Littlehampton, West Sussex BN17 7HX3
£325K01/210.21 mi16, Coleridge Crescent, Littlehampton, West Sussex BN17 7FJ3
£372.5K11/210.21 mi20, The Crossways, Wick, Littlehampton, West Sussex BN17 7NJ3
£330K02/230.21 mi3, The Crossways, Wick, Littlehampton, West Sussex BN17 7NJ3
£270K08/230.23 mi32, Willow Brook, Wick, Littlehampton, West Sussex BN17 7NW3
£268K06/230.23 mi15, Willow Brook, Wick, Littlehampton, West Sussex BN17 7NW3
£278K05/230.24 mi65, Manning Road, Wick, Littlehampton, West Sussex BN17 7HU3
£350K06/230.25 mi32, Courtwick Road, Wick, Littlehampton, West Sussex BN17 7NH3
£275K08/230.27 mi50, West Way, Wick, Littlehampton, West Sussex BN17 7NA3
£350K11/230.28 mi43, Grand Avenue, Wick, Littlehampton, West Sussex BN17 7NG3
£300K01/230.29 mi2, Colebrook Road, Wick, Littlehampton, West Sussex BN17 7NL3
£185K06/210.29 mi18, Colebrook Road, Wick, Littlehampton, West Sussex BN17 7NS3
£440K11/220.31 mi21, Kingfisher Drive, Littlehampton, West Sussex BN17 7GX3
£207K10/210.31 mi5, Dean Close, Wick, Littlehampton, West Sussex BN17 7ND3
£279.9K03/230.32 mi15, Cherry Croft, Wick, Littlehampton, West Sussex BN17 7NT3
£295K11/210.33 mi12, Courtwick Road, Wick, Littlehampton, West Sussex BN17 7NE3
£325K02/230.33 mi4, Selwyn Avenue, Wick, Littlehampton, West Sussex BN17 7NF3
£242.5K11/210.37 mi26, West Way, Wick, Littlehampton, West Sussex BN17 7LY3
£350K11/220.38 mi46, Linnet Close, Wick, Littlehampton, West Sussex BN17 7GW3
£190K03/210.38 mi39, Linnet Close, Wick, Littlehampton, West Sussex BN17 7GW3
£327.5K12/220.38 mi50, Linnet Close, Wick, Littlehampton, West Sussex BN17 7GW3
£270K12/200.38 mi42, Linnet Close, Wick, Littlehampton, West Sussex BN17 7GW3
£320K05/230.38 mi30, Linnet Close, Wick, Littlehampton, West Sussex BN17 7GW3
£230K08/210.4 mi17, Whitelea Road, Wick, Littlehampton, West Sussex BN17 7JL3
£290K02/230.4 mi16, Whitelea Road, Wick, Littlehampton, West Sussex BN17 7JL3
£365K12/220.41 mi15, Tatlow Chase, Littlehampton, West Sussex BN17 7BU3
£282.5K07/210.42 mi19, Falcon Gardens, Wick, Littlehampton, West Sussex BN17 7RA3
£296K03/210.42 mi2, Osprey Close, Wick, Littlehampton, West Sussex BN17 7RG3
£200K11/200.42 mi110, Wick Street, Wick, Littlehampton, West Sussex BN17 7JT3
£260K03/210.43 mi12, Falcon Gardens, Wick, Littlehampton, West Sussex BN17 7RB3
£320K06/210.44 mi11, Eagles Chase, Wick, Littlehampton, West Sussex BN17 7RF3
£237K11/200.44 mi2, Eagles Chase, Wick, Littlehampton, West Sussex BN17 7RF3
£290K07/210.44 mi2, Eagles Chase, Wick, Littlehampton, West Sussex BN17 7RF3

Local Rents

19 rents from £1.3K/mo to £3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30003/250.28 mi-3
£1,37512/240.28 miManning Road, Littlehampton3
£1,37512/240.34 miWick Farm Road, Littlehampton3
£1,45012/240.35 miClun Road, Wick3
£1,37512/240.35 miWick Farm Road, Wick3
£1,45012/240.42 miFalcon Gardens, Wick, Littlehampton, West Sussex3
£1,30012/240.5 miSussex Street, Littlehampton3
£1,29512/240.57 miLyminster Road, Wick3
£1,50012/240.69 miCornwall Road, Littlehampton3
£1,40012/240.69 mi-3
£1,40012/240.69 mi-3
£1,40012/240.69 miLinden Road, Littlehampton, West Sussex, BN173
£1,50012/240.84 miMariners Quay, Littlehampton3
£1,37512/240.97 miCheal Way, Littlehampton3
£1,32512/240.97 miNew Road, Littlehampton3
£3,00012/241.17 miStation Road, Ford, Arundel, West Sussex, BN183
£1,50012/241.21 miGranville Road, Littlehampton3
£1,35012/241.23 mi-3
£1,35012/241.23 mi-3

Local Area Statistics

Population in BN17

28,522

Population in Littlehampton

56,651

Town centre distance

1.31 miles away

Nearest school

0.40 miles away

Nearest train station

0.75 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £270,000

February 20, 2025

Price changed to £280,000

January 15, 2025

Price changed to £290,000

December 27, 2024

Listed for £300,000

November 12, 2024

Sold for £43,500

1995

Floor Plans

Description

  • Terraced +
  • Garden +
  • Solar panels +
  • Downstairs wc +
  • Gas central heating +
  • Double glazing +
  • Close to local amenities +

Perfectly situated close to local amenities with easy access to the A259 and A27. The property is nestled within a group of properties set back from the road a must see.

This property is close to the local amenities of Wick being 0.4 miles away plus supermarkets located 0.5 and 0.7 miles away. The traditional seaside town of Littlehampton with many amenities such as cafes, restaurants, pubs, supermarkets and shops plus a weekly market every Friday approximately 1.2 miles away. The stretch of seafront between Littlehampton and Rustington has lots to offer including Harbour Park, Wave leisure centre, Mewsbrook Park plus a selection of cafes, all of which is approximately 1.7 miles away. The property is perfectly situated if you have to commute with access to the A259 making it easy to travel to Chichester, Worthing, Brighton or beyond. For those looking to travel by train Littlehampton station is 1.1 miles away with direct trains to London.

The ground floor of the property comprises of an entrance hall giving access to all rooms. There is a downstairs w/c with a toilet and basin. The lounge is to the front of the property and leads to the dining room. The kitchen is located to the rear of the property and has been fitted with wall and floor units providing ample storage and work surface space. The dining room has patio doors leading to the conservatory with doors giving access to the garden. The conservatory is a great additional space perfect for looking out to the garden no matter the weather.

Upstairs there are three bedrooms, two of which are doubles and the third being a single. Lastly there is a bathroom featuring a bath, sink and w/c.

The rear garden is north facing which has both paved and turfed areas with rear access.

The front of the property is mainly laid to lawn with a pathway leading to the front door.

Other benefits include gas central heating, double glazing and solar panels to the front and rear.

‘’These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.

Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £80 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection.’’

Agent Details

Leaders Sales, Worthing

01903 497313

Next Steps?

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