2 Bed Flat, Single Let, Littlehampton, BN16 2AH, £215,000

5 Shirlands Court, Sea Avenue, Rustington, BN16 2AH - 2 months ago

Sold STC
Leasehold
BTL
ROI: 5%
78 m²
+14 photos

ValuationUndervalued

Sold Prices£107.5K - £650K
Sold Prices/m²£1.9K/m² - £4.9K/m²

 

 

Square Metres

78 m²
Price/m²£2.8K/m²

Value Estimate

£264,742
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£7,650

Total Cash In

£61,400

 

 

Cash Out

 

Rent Range

£995 - £1,600

Rent Estimate

£1,173

Running Costs/mo

£926

Cashflow/mo

£247

Cashflow/yr

£2,958

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £107.5K to £650K, average is £250K. £1.9K/m² to £4.9K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£275K12/220.14 mi3, Elm Place, Rustington, Littlehampton, West Sussex BN16 3BL2
£220K01/210.14 mi42, Elm Place, Rustington, Littlehampton, West Sussex BN16 3BL2
£182.5K02/230.19 miFlat 60, Abbotswood, Station Road, Rustington, Littlehampton, West Sussex BN16 3BJ2
£187.5K06/230.19 miFlat 34, Abbotswood, Station Road, Rustington, Littlehampton, West Sussex BN16 3BJ2
£225K08/230.23 mi42, Allangate Drive, Rustington, Littlehampton, West Sussex BN16 3JE2
£260K01/230.26 mi7, The Limes, Rustington, Littlehampton, West Sussex BN16 3AQ2
£255K12/220.26 mi9, The Limes, Rustington, Littlehampton, West Sussex BN16 3AQ2
£235K06/210.29 miFlat 8, Trafalgar Court, Woodlands Avenue, Rustington, Littlehampton, West Sussex BN16 3ES2
£257K11/220.31 miFlat 1, Mendip Court, Woodlands Avenue, Rustington, Littlehampton, West Sussex BN16 3DX2
£233.5K06/210.33 mi36, Chichester Court, Rustington, Littlehampton, West Sussex BN16 3EL2
£140K08/230.33 mi23, Chichester Court, Rustington, Littlehampton, West Sussex BN16 3EL2
£206K11/220.34 mi187, The Street, Rustington, Littlehampton, West Sussex BN16 3DN2
£205K11/220.34 mi181, The Street, Rustington, Littlehampton, West Sussex BN16 3DN2
£260K08/230.42 mi9, Langmeads Close, East Preston, Littlehampton, West Sussex BN16 3FF2
£257K10/210.46 miFlat 4, Charlotte House, Station Road, East Preston, Littlehampton, West Sussex BN16 3AG2
£229K04/210.46 miFlat 7, Charlotte House, Station Road, East Preston, Littlehampton, West Sussex BN16 3AG2
£150K05/230.47 miFlat 28, Milliers Court, Worthing Road, East Preston, Littlehampton, West Sussex BN16 1AR2
£274K11/220.49 mi36, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£170K06/210.49 mi51, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£280K09/210.49 mi34, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£258K12/200.49 mi43, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£300K09/230.49 miFlat 5, Pegasus Court, The Street, Rustington, Littlehampton, West Sussex BN16 3NS2
£290K01/210.49 miFlat 2, Pegasus Court, The Street, Rustington, Littlehampton, West Sussex BN16 3NS2
£227.5K04/210.49 miFlat 30, Pegasus Court, The Street, Rustington, Littlehampton, West Sussex BN16 3NS2
£216K04/210.51 mi6, The Leas, Rustington, Littlehampton, West Sussex BN16 3SE2
£195K07/230.51 mi21 Greenleas, The Leas, Rustington, Littlehampton, West Sussex BN16 3SE2
£255K09/230.51 mi6, The Leas, Rustington, Littlehampton, West Sussex BN16 3SE2
£107.5K06/210.56 miFlat 11, Richmond Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2TJ2
£198K06/230.56 miFlat 7, Richmond Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2TJ2
£235K03/210.57 mi1, Cedar Lodge, Rustington, Littlehampton, West Sussex BN16 2RJ2
£250K05/230.57 miFlat 8, Rowan House, Cudlow Garden, Rustington, Littlehampton, West Sussex BN16 2RH2
£253K10/230.59 miFlat 2, Ilex House, Cudlow Garden, Rustington, Littlehampton, West Sussex BN16 2RL2
£255K03/230.59 miFlat 6, Ilex House, Cudlow Garden, Rustington, Littlehampton, West Sussex BN16 2RL2
£398K11/200.59 miFlat 5, Preston Hall, The Street, East Preston, Littlehampton, West Sussex BN16 1HU2
£255K11/230.59 mi1, Mulberry Lodge, Rustington, Littlehampton, West Sussex BN16 2RN2
£250K03/210.6 miFlat 7, Dolphin Court, Dolphin Way, Rustington, Littlehampton, West Sussex BN16 2EN2
£250K03/230.6 mi2, Hazel Lodge, Rustington, Littlehampton, West Sussex BN16 2RW2
£225K12/200.6 mi4, Hazel Lodge, Rustington, Littlehampton, West Sussex BN16 2RW2
£182K04/210.63 miFlat 22, Chermont Court, The Street, East Preston, Littlehampton, West Sussex BN16 1HT2
£245K02/230.63 miFlat 19, Chermont Court, The Street, East Preston, Littlehampton, West Sussex BN16 1HT2
£275K03/230.63 mi4, Summers Close, Rustington, Littlehampton, West Sussex BN16 2HY2
£650K03/230.64 miFlat 4, Fosters, Fosters Close, East Preston, Littlehampton, West Sussex BN16 2TT2
£295K02/210.67 miThe Bays, 3, Walnut Avenue, Rustington, Littlehampton, West Sussex BN16 3NY2
£285K03/210.67 mi1, Walnut Avenue, Rustington, Littlehampton, West Sussex BN16 3NY2
£195K11/200.67 miFlat 9, Shaftesbury Court, Shaftesbury Road, Rustington, Littlehampton, West Sussex BN16 2HU2
£225K10/230.67 miFlat 12a, Shaftesbury Court, Shaftesbury Road, Rustington, Littlehampton, West Sussex BN16 2HU2
£412K12/220.71 miFlat 18, Heritage Place, Broadmark Lane, Rustington, Littlehampton, West Sussex BN16 2GY2
£270K01/230.75 miFlat 7, Rawson Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2SD2
£250K05/230.75 miFlat 8, Rawson Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2SD2
£252K02/230.78 miGrenville Court, 27, Overstrand Avenue, Rustington, Littlehampton, West Sussex BN16 2JS2

Local Rents

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

RentDateDistanceAddressBeds 
£1,60012/240.28 miFircroft Crescent, Rustington2
£99512/240.32 miMendip Court, Woodlands Avenue, Rustington, West Sussex2
£1,20012/240.32 miDinsdale Gardens, Rustington, Littlehampton, BN162
£1,20012/240.36 miWoodlands Avenue, Rustington, Littlehampton2
£1,25012/240.38 miFittleworth Garden, Rustington, West Sussex2
£1,15012/240.38 miFittleworth Gardens, Rustington, Rustington, BN162
£1,25003/250.47 mi-2
£1,19512/240.49 miCopse View, East Preston2
£1,30012/240.53 miWorthing Road, East Preston2
£1,35012/240.55 miOld Manor Road, Rustington2
£1,32512/240.56 miSutton Avenue, Rustington, Littlehampton, West Sussex, BN162
£1,19512/240.57 miCopse View, East Preston, Littlehampton, West Sussex, BN162
£1,20012/240.6 miDolphin Way, Rustington, Littlehampton, West Sussex, BN162
£1,50012/240.6 miThe Street, East Preston, West Sussex2

Local Area Statistics

Population in BN16

28,125

Population in Littlehampton

56,651

Town centre distance

1.19 miles away

Nearest school

0.20 miles away

Nearest train station

0.51 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £215,000

January 29, 2025

Floor Plans

Description

  • Two Double Bedroom Apartment +
  • Dual Aspect Living Room +
  • First Floor +
  • Bright and Spacious Flat +
  • Modern Kitchen and Bathroom +
  • Garage +
  • Long Lease +
  • Close to Rustington Village +
  • A Short Walk to the Beach +
  • Located on the Edge of the Exclusive Sea Estate +

Situated close to local amenties is this well presented two bedroom apartment.

Do not miss the perfect opportunity to acquire this fantastic two bedroom apartment, perfect for first time buyers, investors or home movers looking for a blank canvas to put their own stamp on!

As you enter the apartment, you are welcomed to a large hallway, which offers plenty of storage. The apartment which is full of natural light throughout, features a dual aspect living space, modern kitchen and bathroom.

Externally, the apartment benefits from a garage to the rear.

Rustington is an extremely popular seaside Village located between Brighton and Chichester.
Offering a great range of popular restaurants, cafes and pubs. For shopping, Rustington offers a good choice of independent shops together with a Waitrose and several other well-known High Street brands including Iceland, WH Smith, Tesco and Sainsbury’s.

The nearest railway station can be found at either Littlehampton or Angmering, with routes to London (Victoria) taking approximately 1 ½ hours and local bus services pass the surrounding area.

Rustington is approximately 65 miles from London and 22 Miles from Brighton.
The area is served with schools for all ages and local bus services pass the surrounding area.

Agent Details

Michael Jones & Company, Rustington

01903 254571

Next Steps?

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