3 Bed Terraced House, Refurb/BRRR, Arundel, BN18 9SU, £1,000,000

Nineveh Shipyard, Arundel, BN18 9SU - a month ago

Refurb/BRRR
~93 m²
+38 photos

ValuationOvervalued

Sold Prices£320K - £1.1M
Sold Prices/m²£3.4K/m² - £8.5K/m²

 

 

Square Metres

~93 m²
Price/m²£10.8K/m²

Value Estimate

£484,608

 

 

End Value (After Refurb)

£699,988

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£250,000

Stamp Duty & Legal Fees

£92,450

Refurb Costs

£43,600

Bridging Loan Interest

£26,250

Total Cash In

£414,050

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£699,988

Mortgage (After Refinance)

£524,991

Mortgage LTV

75%

Cash Left In

£414,050

Equity

£174,997

Rent Range

£775 - £3,000

Rent Estimate

£1,478

Running Costs/mo

£2,503

Cashflow/mo

£-1,025

Cashflow/yr

£-12,301

Gross Yield

2%

Local Sold Prices

45 sold prices from £320K to £1.1M, average is £495K. £3.4K/m² to £8.5K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£690K01/210.01 mi1, Nineveh Shipyard, Arundel, West Sussex BN18 9SU3
£655K06/210.01 mi19, Nineveh Shipyard, Arundel, West Sussex BN18 9SU3
£600K06/210.04 mi1a, Brewery Hill, Arundel, West Sussex BN18 9DQ3
£890K10/200.05 mi29, Tarrant Street, Arundel, West Sussex BN18 9DG3
£325K06/210.09 mi20, Tarrant Street, Arundel, West Sussex BN18 9DJ3
£881.1K06/210.1 mi17, Maltravers Street, Arundel, West Sussex BN18 9AP3
£700K11/200.12 mi44, Maltravers Street, Arundel, West Sussex BN18 9BU3
£925K11/220.14 mi52, Tarrant Street, Arundel, West Sussex BN18 9DN3
£650K06/210.14 mi56, Tarrant Street, Arundel, West Sussex BN18 9DN3
£700K05/210.14 mi97, Tarrant Street, Arundel, West Sussex BN18 9DN3
£615K03/210.16 mi75, Maltravers Street, Arundel, West Sussex BN18 9BQ3
£510K03/230.16 mi3, Surrey Wharf, Arundel, West Sussex BN18 9DW3
£500K10/220.19 mi7, Orchard Place, Arundel, West Sussex BN18 9BP3
£405K10/220.19 mi2, School Lane, Arundel, West Sussex BN18 9DR3
£515K12/200.2 mi8, King Street, Arundel, West Sussex BN18 9BW3
£495K03/210.22 mi70, Maltravers Street, Arundel, West Sussex BN18 9DS3
£470K11/230.24 mi21, Wheelwrights Close, Arundel, West Sussex BN18 9TA3
£482.5K10/230.24 mi2, Wheelwrights Close, Arundel, West Sussex BN18 9TA3
£365K06/210.28 mi6, Daltons Place, Arundel, West Sussex BN18 9JU3
£450K08/210.31 mi68, Fitzalan Road, Arundel, West Sussex BN18 9JY3
£350K12/200.31 mi70, Fitzalan Road, Arundel, West Sussex BN18 9JY3
£540K12/230.39 mi41, Fitzalan Road, Arundel, West Sussex BN18 9JP3
£432K04/210.41 mi17, Ford Road, Arundel, West Sussex BN18 9DX3
£480K05/230.44 mi3, Penfolds Place, Arundel, West Sussex BN18 9SA3
£525K02/210.44 miCloud, 9, Penfolds Place, Arundel, West Sussex BN18 9SA3
£351K04/210.46 mi44, Ford Road, Arundel, West Sussex BN18 9EQ3
£432.5K11/220.46 mi26, Ford Road, Arundel, West Sussex BN18 9EQ3
£420K03/210.49 mi11, Woodview, Arundel, West Sussex BN18 9ED3
£448.5K03/230.54 mi24, Howard Road, Arundel, West Sussex BN18 9EL3
£440K11/200.54 mi11, Torton Hill Road, Arundel, West Sussex BN18 9HF3
£1.1M11/220.54 mi35a, Torton Hill Road, Arundel, West Sussex BN18 9HF3
£433K04/210.6 mi1, Priory Road, Arundel, West Sussex BN18 9EJ3
£350K09/220.62 mi26, Pearson Road, Arundel, West Sussex BN18 9HR3
£337.5K06/210.62 mi48, Pearson Road, Arundel, West Sussex BN18 9HR3
£445K11/200.62 mi52, Ford Road, Arundel, West Sussex BN18 9EX3
£564K11/220.65 mi76, Ford Road, Arundel, West Sussex BN18 9EX3
£320K11/220.66 mi35, Pearson Road, Arundel, West Sussex BN18 9HP3
£349.9K05/210.66 mi13, Pearson Road, Arundel, West Sussex BN18 9HP3
£651K09/220.67 mi11, Maxwell Road, Arundel, West Sussex BN18 9EU3
£620K03/210.67 mi11, Maxwell Road, Arundel, West Sussex BN18 9EU3
£687.5K04/210.73 mi46, Torton Hill Road, Arundel, West Sussex BN18 9HH3
£405K04/210.75 mi1, Stewards Rise, Arundel, West Sussex BN18 9ER3
£330K10/220.77 mi36, Dukes Close, Arundel, West Sussex BN18 9JX3
£610K09/220.91 mi1, Oak End, Arundel, West Sussex BN18 9JE3
£645K11/220.97 mi3, Birch Close, Arundel, West Sussex BN18 9HN3

Local Rents

49 rents from £775/mo to £3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,55012/240.09 mi-3
£99512/240.1 miHigh Street, Arundel1
£1,60006/240.11 mi-3
£1,20012/240.14 miQueen Street, Arundel2
£99512/240.17 miTarrant Street, Arundel1
£1,35012/240.47 mi-3
£2,95012/240.6 miBernard Road, Arundel, West Sussex, BN184
£1,59512/241.06 miThe Meadows, Crossbush3
£1,20012/241.12 mi-3
£1,95004/241.12 mi-5
£1,59512/241.12 miCrossbush Lane, Crossbush, Arundel, West Sussex, BN183
£1,15012/241.21 miChichester Road, Arundel, West Sussex, BN182
£2,40012/241.3 miLyminster4
£1,25012/241.4 miChurch Lane, Lyminster, Littlehampton, West Sussex2
£1,67512/241.45 miFord Road, Tortington, Arundel, West Sussex, BN183
£1,75012/241.48 miFontwell Meadows3
£1,67512/241.48 miFontwell4
£1,35012/241.58 miTortington Lane, Tortington3
£1,12512/241.88 miArundel Road, Poling, Arundel, West Sussex, BN182
£1,25012/241.97 miFalcon Gardens, Littlehampton2
£1,20012/242 miLyminster Road2
£1,85012/242.03 miBeaton Avenue Wick BN174
£1,45012/242.03 miFalcon Gardens, Wick, Littlehampton, West Sussex3
£1,29512/242.03 miLyminster Road, Wick3
£1,90012/242.06 miErnest Fitches Way, Littlehampton, BN17 7EP4
£1,20012/242.15 miBlackbourne Chase, Littlehampton, West Sussex2
£1,20012/242.18 miPepper Pot Court, 25 Blackbourne Chase, Littlehampton2
£1,20012/242.18 miKingley Gate, Littlehampton2
£1,30003/252.25 mi-3
£1,60002/252.26 mi-4
£3,00012/242.26 miStation Road, Ford, Arundel, West Sussex, BN183
£2,06008/242.27 mi-2
£1,15003/252.28 mi-2
£1,50012/242.29 mi-4
£1,50012/242.29 mi-4
£1,70012/242.3 mi-4
£1,10012/242.31 miButts Mead, Wick, Littlehampton, West Sussex2
£1,25012/242.35 miElysian Fields, Littlehampton2
£1,37512/242.35 miCheal Way, Littlehampton3
£85012/242.36 mi-2
£1,15012/242.37 miStammer Court Littlehampton2
£1,70012/242.37 miHolmes Way, Wick, Littlehampton4
£1,67512/242.38 mi-4
£1,65012/242.4 miOlliver Acre, Wick, Littlehampton, West Sussex, BN174
£1,29512/242.41 miGladstone Terrace, Wick, Littlehampton, West Sussex2
£1,80012/242.41 miRodney Crescent, Ford, BN18 0DB6
£77512/242.44 miWest Way, Wick1
£1,10012/242.48 miWick Street, Wick, Littlehampton2
£99512/242.48 miAlexander Court, Beaconsfield Road, Littlehampton2

Local Area Statistics

Population in BN18

13,232

Town centre distance

0.40 miles away

Nearest school

0.30 miles away

Nearest train station

0.55 miles away

 

 

Rental growth (12m)

+10%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Listed for £1,000,000

March 25, 2025

Floor Plans

Description

  • Three/Four bedroom town house +
  • Garage & Residents Parking +
  • EPC - C +
  • Views over the river & castle +
  • Breath-taking renovation including 'Neptune Kitchen' +
  • Minutes to town centre +
  • No forward chain +
  • Versatile living +
  • Three En suites +
  • Social layout +

Renovated to an exceptional standard with no expense spared! Three/Four beds, no chain, views of the river and castle. Garage & private parking.

A DISTINCTIVE and CHARMING townhouse located in the highly desirable heart of Arundel. This beautifully presented home offers spacious, well-designed accommodation spread across three floors, complete with a COURTYARD garden with views of the Castle, RIVER views from the front. Additional benefits include residents parking & a GARAGE. No chain.

Nestled in the historic town of Arundel, the property is just a short stroll from local shops, restaurants, and leisure amenities. Excellent transport links to the surrounding areas are easily accessible via the A27 and A284, and Arundel's mainline train station, offering direct services to London and the coast, is less than a mile away.

Agent Details

Aspire Residential, Worthing

01903 497280

Next Steps?

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