2 Bed Flat, Single Let, Littlehampton, BN16 2QS, £290,000

The Grangeway, Rustington, BN16 2QS - 2 months ago

Leasehold
BTL
~68 m²
+21 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£4.3K/m²

Value Estimate

£237,198

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£11,900

Total Cash In

£84,400

 

 

Cash Out

 

Rent Range

£995 - £1,600

Rent Estimate

£1,150

Running Costs/mo

£1,156

Cashflow/mo

£-6

Cashflow/yr

£-75

Gross Yield

5%

Local Sold Prices

50 sold prices from £107.5K to £460K, average is £254K. £1.9K/m² to £4.9K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£170K06/210.01 mi51, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£280K09/210.01 mi34, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£258K12/200.01 mi43, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£274K11/220.01 mi36, The Grangeway, Rustington, Littlehampton, West Sussex BN16 2QS2
£107.5K06/210.08 miFlat 11, Richmond Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2TJ2
£198K06/230.08 miFlat 7, Richmond Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2TJ2
£300K09/230.09 miFlat 5, Pegasus Court, The Street, Rustington, Littlehampton, West Sussex BN16 3NS2
£290K01/210.09 miFlat 2, Pegasus Court, The Street, Rustington, Littlehampton, West Sussex BN16 3NS2
£227.5K04/210.09 miFlat 30, Pegasus Court, The Street, Rustington, Littlehampton, West Sussex BN16 3NS2
£250K05/230.13 miFlat 8, Rowan House, Cudlow Garden, Rustington, Littlehampton, West Sussex BN16 2RH2
£255K11/230.13 mi1, Mulberry Lodge, Rustington, Littlehampton, West Sussex BN16 2RN2
£235K03/210.14 mi1, Cedar Lodge, Rustington, Littlehampton, West Sussex BN16 2RJ2
£253K10/230.15 miFlat 2, Ilex House, Cudlow Garden, Rustington, Littlehampton, West Sussex BN16 2RL2
£255K03/230.15 miFlat 6, Ilex House, Cudlow Garden, Rustington, Littlehampton, West Sussex BN16 2RL2
£206K11/220.15 mi187, The Street, Rustington, Littlehampton, West Sussex BN16 3DN2
£205K11/220.15 mi181, The Street, Rustington, Littlehampton, West Sussex BN16 3DN2
£250K03/230.18 mi2, Hazel Lodge, Rustington, Littlehampton, West Sussex BN16 2RW2
£225K12/200.18 mi4, Hazel Lodge, Rustington, Littlehampton, West Sussex BN16 2RW2
£233.5K06/210.2 mi36, Chichester Court, Rustington, Littlehampton, West Sussex BN16 3EL2
£140K08/230.2 mi23, Chichester Court, Rustington, Littlehampton, West Sussex BN16 3EL2
£295K02/210.21 miThe Bays, 3, Walnut Avenue, Rustington, Littlehampton, West Sussex BN16 3NY2
£285K03/210.21 mi1, Walnut Avenue, Rustington, Littlehampton, West Sussex BN16 3NY2
£257K11/220.27 miFlat 1, Mendip Court, Woodlands Avenue, Rustington, Littlehampton, West Sussex BN16 3DX2
£235K06/210.3 miFlat 8, Trafalgar Court, Woodlands Avenue, Rustington, Littlehampton, West Sussex BN16 3ES2
£195K11/200.31 miFlat 9, Shaftesbury Court, Shaftesbury Road, Rustington, Littlehampton, West Sussex BN16 2HU2
£225K10/230.31 miFlat 12a, Shaftesbury Court, Shaftesbury Road, Rustington, Littlehampton, West Sussex BN16 2HU2
£275K03/230.31 mi4, Summers Close, Rustington, Littlehampton, West Sussex BN16 2HY2
£182.5K02/230.34 miFlat 60, Abbotswood, Station Road, Rustington, Littlehampton, West Sussex BN16 3BJ2
£187.5K06/230.34 miFlat 34, Abbotswood, Station Road, Rustington, Littlehampton, West Sussex BN16 3BJ2
£260K01/230.36 mi7, The Limes, Rustington, Littlehampton, West Sussex BN16 3AQ2
£255K12/220.36 mi9, The Limes, Rustington, Littlehampton, West Sussex BN16 3AQ2
£270K01/230.36 miFlat 7, Rawson Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2SD2
£250K05/230.36 miFlat 8, Rawson Court, Sea Lane, Rustington, Littlehampton, West Sussex BN16 2SD2
£275K12/220.36 mi3, Elm Place, Rustington, Littlehampton, West Sussex BN16 3BL2
£220K01/210.36 mi42, Elm Place, Rustington, Littlehampton, West Sussex BN16 3BL2
£191K12/200.4 mi24, Walders Road, Rustington, Littlehampton, West Sussex BN16 3PE2
£227K06/210.44 miDrake Court, 23, Overstrand Avenue, Rustington, Littlehampton, West Sussex BN16 2JS2
£252K02/230.44 miGrenville Court, 27, Overstrand Avenue, Rustington, Littlehampton, West Sussex BN16 2JS2
£412K12/220.44 miFlat 18, Heritage Place, Broadmark Lane, Rustington, Littlehampton, West Sussex BN16 2GY2
£460K09/210.46 mi97, Whitehorses Way, Littlehampton, West Sussex BN17 6NL2
£290K11/220.47 miHardy Court, 38, Overstrand Avenue, Rustington, Littlehampton, West Sussex BN16 2JU2
£320K04/210.48 miJellicoe Court, 58, Overstrand Avenue, Rustington, Littlehampton, West Sussex BN16 2JT2
£350K07/230.48 miJellicoe Court, 72, Overstrand Avenue, Rustington, Littlehampton, West Sussex BN16 2JT2
£315K04/230.48 miFlat 7, Norfolk Court, Chanctonbury Road, Rustington, Littlehampton, West Sussex BN16 2JX2
£270K05/210.48 miFlat 8, Norfolk Court, Chanctonbury Road, Rustington, Littlehampton, West Sussex BN16 2JX2
£285K06/230.48 miFlat 1, Selsey Court, Chanctonbury Road, Rustington, Littlehampton, West Sussex BN16 2LD2
£295K06/210.5 miFlat 7, Fitzalan Court, Rackham Road, Rustington, Littlehampton, West Sussex BN16 2LE2
£285K02/210.5 miFlat 16, Fitzalan Court, Rackham Road, Rustington, Littlehampton, West Sussex BN16 2LE2
£250K03/210.5 miFlat 14, Fitzalan Court, Rackham Road, Rustington, Littlehampton, West Sussex BN16 2LE2
£240K11/200.51 miAusten Court, 47, Millfield Close, Rustington, Littlehampton, West Sussex BN16 2JZ2

Local Rents

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

RentDateDistanceAddressBeds 
£1,35012/240.13 miOld Manor Road, Rustington2
£1,25012/240.14 miFittleworth Garden, Rustington, West Sussex2
£1,15012/240.14 miFittleworth Gardens, Rustington, Rustington, BN162
£1,20012/240.22 miWoodlands Avenue, Rustington, Littlehampton2
£1,20012/240.23 miDinsdale Gardens, Rustington, Littlehampton, BN162
£1,40012/240.24 miRustington2
£99512/240.27 miMendip Court, Woodlands Avenue, Rustington, West Sussex2
£1,15007/230.36 mi-2
£1,19510/240.36 mi-2
£1,32512/240.37 miSutton Avenue, Rustington, Littlehampton, West Sussex, BN162
£1,45012/240.44 miBroadmark Lane, Rustington, Littlehampton, West Sussex, BN162
£1,30003/250.45 mi-2
£1,20012/240.47 miChurchill Court, Rustington2
£1,15012/240.48 miOverstrand Avenue, Rustington, Littlehampton, West Sussex2
£1,25012/240.48 miBroadmark Lane, Rustington2
£1,20012/240.54 miDolphin Way, Rustington, Littlehampton, West Sussex, BN162
£1,20012/240.55 miAegean House Harsfold Close, Rustington, West Sussex, BN162
£1,60012/240.56 miFircroft Crescent, Rustington2
£1,10012/240.57 miWorthing Road, Rustington, Littlehampton2

Local Area Statistics

Population in BN16

28,125

Population in Littlehampton

56,651

Town centre distance

0.93 miles away

Nearest school

0.50 miles away

Nearest train station

0.99 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £290,000

February 12, 2025

Floor Plans

Description

  • Ground Floor Flat +
  • Modern Fitted Kitchen +
  • Private Rear Garden +
  • Off Road Parking +
  • Two Bedrooms +
  • Modern Fitted Bathroom +
  • Close To Local High Street / Amenities +
  • Cul-De-Sac Location +

The Property
A beautifully presented ground floor flat with PRIVATE REAR GARDEN and OFF ROAD PARKING, situated in a CUL-DE-SAC within a popular residential location in Rustingon.

The property is conveniently located near to an excellent range of local amenities, to include Waitrose Supermarket and various cafes, stores and general services, as well as an excellent local bus network, including stops along the local high street providing direct coastal routes towards and into Brighton & Hove, also accessible by train from Angmering Station, approximately 1.5 miles from the property.

Accommodation is entered through a smart and welcoming entrance hall, with useful fitted storage and leading through to the generous 15ft bay fronted living room, two good sized bedrooms and modern fitted family bathroom, also with shower over the bath, mixer tap shower, separate shower handset and glass screen.

The modern and well equipped fitted kitchen features an integrated oven and hob, stainless steel sink and drainer, space and plumbing for utilities, GCH boiler and door leading out to the rear garden.

The rear garden is laid to patio, with a fenced surround and further benefits to include a timber built storage shed and side access via the shared entrance path.

Off road parking is situated to the front of the property via dropped kerb onto the gravel driveway.

Property ownership information

Ground rent review period: No review period

Service charge review period: Every 1 year

Lease end date: 22/06/2159

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Brighton

020 3840 3509

Next Steps?

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