3 Bed Detached House, Refurb/BRRR, Littlehampton, BN16 4DE, £450,000

8 Beech View, Angmering, BN16 4DE - 3 views - 2 months ago

Refurb/BRRR
ROI: 1%
~93 m²
+16 photos

ValuationOvervalued

Sold Prices£217K - £780K
Sold Prices/m²£2.5K/m² - £6K/m²

 

 

Square Metres

~93 m²
Price/m²£4.8K/m²

Value Estimate

£328,533

 

 

End Value (After Refurb)

£420,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£33,700

Refurb Costs

£43,745

Bridging Loan Interest

£11,813

Total Cash In

£203,508

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£420,000

Mortgage (After Refinance)

£315,000

Mortgage LTV

75%

Cash Left In

£203,508

Equity

£105,000

Rent Range

£1,500 - £1,900

Rent Estimate

£1,809

Running Costs/mo

£1,694

Cashflow/mo

£115

Cashflow/yr

£1,376

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £217K to £780K, average is £353K. £2.5K/m² to £6K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£315K10/230.03 mi72, Chantryfield Road, Angmering, Littlehampton, West Sussex BN16 4DH3
£297K12/200.03 mi72, Chantryfield Road, Angmering, Littlehampton, West Sussex BN16 4DH3
£375K02/210.05 mi18, Brambletyne Close, Angmering, Littlehampton, West Sussex BN16 4DD3
£320K01/210.09 mi34, Meadowside, Angmering, Littlehampton, West Sussex BN16 4BN3
£465K08/230.09 mi17, Woodlands Close, Angmering, Littlehampton, West Sussex BN16 4NA3
£340K06/210.1 mi6, Garden Close, Angmering, Littlehampton, West Sussex BN16 4LX3
£335K06/210.12 mi44, Chantryfield Road, Angmering, Littlehampton, West Sussex BN16 4LY3
£420K06/230.14 mi22, Greenacres Ring, Angmering, Littlehampton, West Sussex BN16 4BU3
£355K06/230.16 mi9, Elmhurst Close, Angmering, Littlehampton, West Sussex BN16 4BT3
£267.3K01/210.16 mi40, Merryfield Crescent, Angmering, Littlehampton, West Sussex BN16 4DA3
£306K06/210.16 mi36, Merryfield Crescent, Angmering, Littlehampton, West Sussex BN16 4DA3
£345K09/230.16 mi60, Merryfield Crescent, Angmering, Littlehampton, West Sussex BN16 4DA3
£283K04/210.16 mi58, Merryfield Crescent, Angmering, Littlehampton, West Sussex BN16 4DA3
£364K06/230.16 mi40, Merryfield Crescent, Angmering, Littlehampton, West Sussex BN16 4DA3
£367K03/230.22 mi91, Lloyd Goring Close, Angmering, Littlehampton, West Sussex BN16 4LQ3
£320K01/210.23 mi18, Chantryfield Road, Angmering, Littlehampton, West Sussex BN16 4LZ3
£375K08/210.24 mi16, Greenacres Ring, Angmering, Littlehampton, West Sussex BN16 4BU3
£465K06/210.24 mi64, Greenacres Ring, Angmering, Littlehampton, West Sussex BN16 4BS3
£335K07/210.25 mi9, Furzefield Close, Angmering, Littlehampton, West Sussex BN16 4LS3
£375K09/230.26 mi18, Lansdowne Way, Angmering, Littlehampton, West Sussex BN16 4LB3
£247K03/210.27 mi78, Arundel Road, Angmering, Littlehampton, West Sussex BN16 4LH3
£510K11/220.28 mi7, Lansdowne Way, Angmering, Littlehampton, West Sussex BN16 4LB3
£420K01/210.29 mi23, Water Lane, Angmering, Littlehampton, West Sussex BN16 4EJ3
£425K06/210.29 miGladstone House, Water Lane, Angmering, Littlehampton, West Sussex BN16 4EJ3
£350K09/210.3 mi30, Arundel Road, Angmering, Littlehampton, West Sussex BN16 4LA3
£300K04/210.3 mi20, Cumberland Road, Angmering, Littlehampton, West Sussex BN16 4BG3
£330K10/210.3 mi17, Cumberland Road, Angmering, Littlehampton, West Sussex BN16 4BG3
£320K07/230.3 mi12, Cumberland Road, Angmering, Littlehampton, West Sussex BN16 4BG3
£312K06/210.3 mi15, Cumberland Road, Angmering, Littlehampton, West Sussex BN16 4BG3
£344K10/220.33 mi15, Water Lane, Angmering, Littlehampton, West Sussex BN16 4EJ3
£275K11/220.35 mi3, Decoy Drive, Angmering, Littlehampton, West Sussex BN16 4DN3
£351K06/210.36 mi55, Palmer Road, Angmering, Littlehampton, West Sussex BN16 4LJ3
£420K07/230.36 mi45, Palmer Road, Angmering, Littlehampton, West Sussex BN16 4LJ3
£345K03/230.36 mi17, Palmer Road, Angmering, Littlehampton, West Sussex BN16 4LJ3
£780K06/210.38 miLuccombe, The Avenals, Angmering, Littlehampton, West Sussex BN16 4AN3
£367K12/220.39 mi10, Bewley Road, Angmering, Littlehampton, West Sussex BN16 4JL3
£273K06/210.39 mi17, Older Way, Angmering, Littlehampton, West Sussex BN16 4HQ3
£237K11/200.41 mi23, Fletcher Way, Angmering, Littlehampton, West Sussex BN16 4HG3
£282.5K06/210.41 mi2, Fletcher Way, Angmering, Littlehampton, West Sussex BN16 4HG3
£217K05/210.41 mi12, Fletcher Way, Angmering, Littlehampton, West Sussex BN16 4HG3
£365K11/220.42 mi33, Bewley Road, Angmering, Littlehampton, West Sussex BN16 4JL3
£485K05/210.47 miDormouse Cottage, The Square, Angmering, Littlehampton, West Sussex BN16 4EA3
£385K07/230.48 mi20, Highdown Close, Angmering, Littlehampton, West Sussex BN16 4GT3
£360K10/220.54 mi24a, Mill Road Avenue, Angmering, Littlehampton, West Sussex BN16 4HS3
£360K06/210.57 mi4, William Olders Road, Angmering, Littlehampton, West Sussex BN16 4FD3
£377K08/230.59 mi29, Mill Road, Angmering, Littlehampton, West Sussex BN16 4HT3
£555K01/230.65 mi17, Carina Drive, Angmering, Littlehampton, West Sussex BN16 4NH3
£450K11/200.65 mi11, Carina Drive, Angmering, Littlehampton, West Sussex BN16 4NH3
£525K12/220.7 mi2a, Carina Drive, Angmering, Littlehampton, West Sussex BN16 4NP3
£385K04/210.73 mi44, Foxdale Drive, Angmering, Littlehampton, West Sussex BN16 4HF3

Local Rents

11 rents from £1.5K/mo to £1.9K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,65012/240.11 miMeadowside Angmering BN163
£1,75012/240.2 miChantryfield Road, Angmering, Littlehampton, West Sussex, BN163
£1,50012/240.3 miThe Heathers, Arundel Road, Angmering, BN163
£1,70012/240.3 miHolmwood Way, Angmering, Littlehampton, West Sussex, BN163
£1,90012/240.39 miStarling View, Angmering, Littlehampton, West Sussex, BN163
£1,90012/240.39 miStarling View, Angmering, Littlehampton, West Sussex, BN163
£1,90012/240.41 miStarling View, Angmering3
£1,90012/240.46 miAngmering Village, Angmering, West Sussex, BN163
£1,90012/240.46 miAngmering Village, Angmering, West Sussex, BN163
£1,90012/240.46 miAngmering Village, Angmering, West Sussex, BN163
£1,90012/240.46 miAngmering Village, Angmering, West Sussex, BN163

Local Area Statistics

Population in BN16

28,125

Population in Littlehampton

56,651

Town centre distance

2.15 miles away

Nearest school

0.30 miles away

Nearest train station

1.32 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £450,000

March 7, 2025

Floor Plans

Description

  • Detached Home +
  • Three Bedrooms +
  • Spacious Lounge Diner +
  • Downstairs Cloakroom +
  • Off Road Parking +
  • Large Rear Garden +
  • Garage +
  • No Onward Chain +

Offering potential for personalisation and renovation is this detached home.

Michael Jones is proud to present this exceptional three-bedroom detached property, ideally located in the highly sought-after area of Angmering.

This home offers a fantastic opportunity for those seeking a family residence with potential for personalization and renovation. The property is situated in close proximity to outstanding schools, playgroups, and nurseries, making it an excellent choice for families.

The accommodation comprises a spacious lounge-diner, providing an ideal space for both relaxation and entertaining. A convenient downstairs cloakroom enhances the practicality of the layout. The kitchen is well-proportioned, offering ample cupboard space and generous worktops. A bright and airy landing leads to three well-sized bedrooms, with the master featuring fitted wardrobes for added convenience. The family bathroom, complete with both a separate shower and bath, is perfectly suited to the needs of modern families.

Externally, the property boasts a beautiful rear garden, predominantly laid to lawn. To the front, there is an attached garage along with off-road parking for multiple vehicles. A charming lawned area enhances the property's curb appeal, contributing to its overall attractive appearance.

Agent Details

Michael Jones & Company, Rustington

01903 254571

Next Steps?

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