3 Bed Flat, Single Let, Littlehampton, BN16 3GD, £240,000





ValuationOvervalued
Sold Prices | £165K - £500K |
Sold Prices/m² | £2.2K/m² - £4.4K/m² |
| |
Square Metres | 70 m² |
Price/m² | £3.4K/m² |
Value Estimate | £230,168 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £60,000 |
Stamp Duty & Legal Fees | £13,200 |
Total Cash In | £73,200 |
| |
Cash Out | |
Rent Range | £1,295 - £1,900 |
Rent Estimate | £1,318 |
Running Costs/mo | £1,034 |
Cashflow/mo | £284 |
Cashflow/yr | £3,413 |
ROI | 5% |
Gross Yield | 7% |
Local Sold Prices
13 sold prices from £165K to £500K, average is £347.5K. £2.2K/m² to £4.4K/m², average is £3.3K/m².
Local Rents
32 rents from £1.3K/mo to £1.9K/mo, average is £1.6K/mo.
Local Area Statistics
Population in BN16 | 28,125 |
Population in Littlehampton | 56,651 |
Town centre distance | 1.46 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 0.12 miles away |
| |
Rental growth (12m) | +13% |
Sales demand | Balanced market |
Capital growth (5yrs) | +16% |
Property History
Price changed to £240,000
March 12, 2025
Price changed to £250,000
February 8, 2025
Listed for £260,000
January 2, 2025
Floor Plans

Description
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