3 Bed Terraced House, Single Let, Littlehampton, BN17 7JE, £265,000

Elspring Mead, Wick, Littlehampton, West Sussex, BN17 7JE - 3 views - 4 months ago

BTL
ROI: 2%
~93 m²
+12 photos

ValuationUndervalued

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

 

 

Square Metres

~93 m²
Price/m²£2.8K/m²

Value Estimate

£312,664
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£11,100

Total Cash In

£77,350

 

 

Cash Out

 

Rent Range

£1,295 - £3,000

Rent Estimate

£1,300

Running Costs/mo

£1,108

Cashflow/mo

£192

Cashflow/yr

£2,303

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 
£250K11/220.05 mi98, Greenfields, Wick, Littlehampton, West Sussex BN17 7HF3
£230K08/210.05 mi95, Greenfields, Wick, Littlehampton, West Sussex BN17 7HF3
£220K06/210.05 mi74, Greenfields, Wick, Littlehampton, West Sussex BN17 7HF3
£227K03/210.06 mi28, Greenfields, Wick, Littlehampton, West Sussex BN17 7JF3
£253K06/210.06 mi25, Greenfields, Wick, Littlehampton, West Sussex BN17 7JF3
£221K12/200.06 mi19, Greenfields, Wick, Littlehampton, West Sussex BN17 7JF3
£215K04/210.06 mi26, Greenfields, Wick, Littlehampton, West Sussex BN17 7JF3
£203K11/200.09 mi4, Heo Green, Wick, Littlehampton, West Sussex BN17 7JB3
£199K01/210.12 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
£275K02/230.15 mi41, Wheatcroft, Wick, Littlehampton, West Sussex BN17 7NY3
£225K05/210.16 mi59, Joyce Close, Wick, Littlehampton, West Sussex BN17 7JG3
£235K12/220.16 mi219, Clun Road, Wick, Littlehampton, West Sussex BN17 7ES3
£240K05/210.17 mi36, Belloc Road, Wick, Littlehampton, West Sussex BN17 7EZ3
£265K05/210.17 mi43, Belloc Road, Wick, Littlehampton, West Sussex BN17 7EZ3
£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
£372.5K11/210.22 mi20, The Crossways, Wick, Littlehampton, West Sussex BN17 7NJ3
£330K02/230.22 mi3, The Crossways, Wick, Littlehampton, West Sussex BN17 7NJ3
£270K08/230.24 mi32, Willow Brook, Wick, Littlehampton, West Sussex BN17 7NW3
£268K06/230.24 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
£275K08/230.28 mi50, West Way, Wick, Littlehampton, West Sussex BN17 7NA3
£350K11/230.28 mi43, Grand Avenue, Wick, Littlehampton, West Sussex BN17 7NG3
£300K01/230.3 mi2, Colebrook Road, Wick, Littlehampton, West Sussex BN17 7NL3
£185K06/210.3 mi18, Colebrook Road, Wick, Littlehampton, West Sussex BN17 7NS3
£207K10/210.31 mi5, Dean Close, Wick, Littlehampton, West Sussex BN17 7ND3
£440K11/220.31 mi21, Kingfisher Drive, Littlehampton, West Sussex BN17 7GX3
£279.9K03/230.32 mi15, Cherry Croft, Wick, Littlehampton, West Sussex BN17 7NT3
£325K02/230.33 mi4, Selwyn Avenue, Wick, Littlehampton, West Sussex BN17 7NF3
£295K11/210.33 mi12, Courtwick Road, Wick, Littlehampton, West Sussex BN17 7NE3
£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
£200K11/200.42 mi110, Wick Street, Wick, Littlehampton, West Sussex BN17 7JT3
£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
£260K03/210.43 mi12, Falcon Gardens, Wick, Littlehampton, West Sussex BN17 7RB3
£320K06/210.45 mi11, Eagles Chase, Wick, Littlehampton, West Sussex BN17 7RF3
£237K11/200.45 mi2, Eagles Chase, Wick, Littlehampton, West Sussex BN17 7RF3
£290K07/210.45 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 
£1,37512/240.28 miManning Road, Littlehampton3
£1,30003/250.28 mi-3
£1,37512/240.33 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
£1,32512/240.97 miNew Road, Littlehampton3
£1,37512/240.98 miCheal Way, Littlehampton3
£3,00012/241.17 miStation Road, Ford, Arundel, West Sussex, BN183
£1,50012/241.2 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

1.32 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 £265,000

March 28, 2025

Price changed to £270,000

February 20, 2025

Listed for £280,000

January 11, 2025

Floor Plans

Description

    • Three Bedroom Terrace House +
    • Lounge Dining room +
    • Modern Conservatory +
    • Front and Rear Gardens +
    • Garage to Rear +
    • Popular Location +

A well presented three bedroom terrace house situated in the popular Wick area of Littlehampton.
To the ground floor the spacious lounge leads to a dining area then onto a conservatory. There is also a kitchen and downstairs WC.
The first floor offers three good size bedrooms and a family bathroom.
To the rear of the property there is a garden and a single garage.
Further benefits include gas fired cental heating and double glazing.

Agent Details

King & Chasemore, Bognor Regis

020 3835 6486

Next Steps?

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