3 Bed Terraced House, Refurb/BRRR, Littlehampton, BN17 7BE, £300,000

East Ham Road, Littlehampton, BN17 7BE - 2 views - 10 days ago

Refurb/BRRR
ROI: 2%
~93 m²
+15 photos

ValuationOvervalued

Sold Prices£164K - £510K
Sold Prices/m²£1.7K/m² - £6.1K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£269,014

 

 

End Value (After Refurb)

£281,241

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£43,401

Bridging Loan Interest

£7,875

Total Cash In

£146,726

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£281,241

Mortgage (After Refinance)

£210,931

Mortgage LTV

75%

Cash Left In

£146,726

Equity

£70,310

Rent Range

£1,300 - £1,500

Rent Estimate

£1,391

Running Costs/mo

£1,177

Cashflow/mo

£214

Cashflow/yr

£2,567

ROI

2%

Gross Yield

6%

Local Sold Prices

51 sold prices from £164K to £510K, average is £275K. £1.7K/m² to £6.1K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£310K06/210.01 mi63, East Ham Road, Littlehampton, West Sussex BN17 7BE3
£270K03/230.01 mi58, East Ham Road, Littlehampton, West Sussex BN17 7BE3
£330K08/230.01 mi69, East Ham Road, Littlehampton, West Sussex BN17 7BE3
£285K05/210.04 mi38, East Ham Road, Littlehampton, West Sussex BN17 7AP3
£294K06/210.04 mi41, East Ham Road, Littlehampton, West Sussex BN17 7AP3
£265K12/220.05 mi90, East Ham Road, Littlehampton, West Sussex BN17 7BQ3
£270K04/210.05 mi7, North Ham Road, Littlehampton, West Sussex BN17 7AR3
£340K03/230.05 mi5, North Ham Road, Littlehampton, West Sussex BN17 7AR3
£299.9K06/210.05 mi22, Talbot Road, Littlehampton, West Sussex BN17 7BL3
£255K05/210.05 mi9, Talbot Road, Littlehampton, West Sussex BN17 7BL3
£260K08/210.05 mi18, Talbot Road, Littlehampton, West Sussex BN17 7BL3
£234K12/200.06 mi39, Gloucester Place, Littlehampton, West Sussex BN17 7AL3
£278K08/230.07 mi36, Maxwell Road, Littlehampton, West Sussex BN17 7BW3
£275K03/210.09 mi21, North Ham Road, Littlehampton, West Sussex BN17 7AS3
£309K09/210.09 mi40, North Ham Road, Littlehampton, West Sussex BN17 7AS3
£295K12/220.09 mi23, Gloucester Place, Littlehampton, West Sussex BN17 7AF3
£252K05/210.1 mi27, Linden Road, Littlehampton, West Sussex BN17 7AH3
£306K08/210.1 mi2, East Ham Road, Littlehampton, West Sussex BN17 7AN3
£243K12/200.11 mi10, Gloucester Road, Littlehampton, West Sussex BN17 7BT3
£253.4K06/210.19 mi75, Gloucester Road, Littlehampton, West Sussex BN17 7BS3
£314K06/230.24 mi13, Queen Street, Littlehampton, West Sussex BN17 6EP3
£285K03/210.25 mi8, River Road, Littlehampton, West Sussex BN17 5BN3
£250K07/210.26 mi30, Mariners Quay, Littlehampton, West Sussex BN17 5DA3
£250K07/210.26 mi30, Mariners Quay, Littlehampton, West Sussex BN17 5DA3
£510K05/210.26 mi14, Mariners Quay, Littlehampton, West Sussex BN17 5DA3
£495K06/210.26 mi37, Mariners Quay, Littlehampton, West Sussex BN17 5DA3
£230K08/210.32 mi17, Whitelea Road, Wick, Littlehampton, West Sussex BN17 7JL3
£290K02/230.32 mi16, Whitelea Road, Wick, Littlehampton, West Sussex BN17 7JL3
£272.5K04/210.33 mi77, Cornwall Road, Littlehampton, West Sussex BN17 6EQ3
£164K12/200.34 mi21, New Road, Littlehampton, West Sussex BN17 5AX3
£270K03/210.35 mi22, Hampton Fields, Wick, Littlehampton, West Sussex BN17 6JB3
£234.9K05/210.35 mi16, Hampton Fields, Wick, Littlehampton, West Sussex BN17 6JB3
£278K05/230.36 mi65, Manning Road, Wick, Littlehampton, West Sussex BN17 7HU3
£242.5K11/210.37 mi26, West Way, Wick, Littlehampton, West Sussex BN17 7LY3
£252.5K11/230.38 mi59, Sussex Street, Wick, Littlehampton, West Sussex BN17 6JD3
£275K08/230.38 mi50, West Way, Wick, Littlehampton, West Sussex BN17 7NA3
£207K10/210.4 mi5, Dean Close, Wick, Littlehampton, West Sussex BN17 7ND3
£325K02/230.41 mi4, Selwyn Avenue, Wick, Littlehampton, West Sussex BN17 7NF3
£400K04/210.41 mi8, Goda Road, Littlehampton, West Sussex BN17 6AS3
£305K10/200.42 mi68, Highdown Drive, Littlehampton, West Sussex BN17 6HH3
£350K11/230.43 mi43, Grand Avenue, Wick, Littlehampton, West Sussex BN17 7NG3
£240K05/210.43 mi36, Belloc Road, Wick, Littlehampton, West Sussex BN17 7EZ3
£265K05/210.43 mi43, Belloc Road, Wick, Littlehampton, West Sussex BN17 7EZ3
£337.5K01/230.44 mi108, Manning Road, Wick, Littlehampton, West Sussex BN17 7HX3
£242.5K10/200.45 mi52, North Street, Wick, Littlehampton, West Sussex BN17 6JH3
£197K10/200.45 mi54, North Street, Wick, Littlehampton, West Sussex BN17 6JH3
£310K12/200.47 mi16, Amberley Close, Littlehampton, West Sussex BN17 6HW3
£273K01/210.47 mi28, Amberley Close, Littlehampton, West Sussex BN17 6HW3
£282.5K10/200.47 mi18, Selwyn Avenue, Wick, Littlehampton, West Sussex BN17 7NF3
£372.5K11/210.48 mi20, The Crossways, Wick, Littlehampton, West Sussex BN17 7NJ3
£330K02/230.48 mi3, The Crossways, Wick, Littlehampton, West Sussex BN17 7NJ3

Local Rents

12 rents from £1.3K/mo to £1.5K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.1 miLinden Road, Littlehampton, West Sussex, BN173
£1,40012/240.24 mi-3
£1,40012/240.24 mi-3
£1,50012/240.25 miCornwall Road, Littlehampton3
£1,37512/240.25 miWick Farm Road, Wick3
£1,45012/240.26 miClun Road, Wick3
£1,50012/240.26 miMariners Quay, Littlehampton3
£1,37512/240.27 miWick Farm Road, Littlehampton3
£1,30012/240.31 miSussex Street, Littlehampton3
£1,37512/240.32 miManning Road, Littlehampton3
£1,32512/240.37 miNew Road, Littlehampton3
£1,30003/250.6 mi-3

Local Area Statistics

Population in BN17

28,522

Population in Littlehampton

56,651

Town centre distance

1.17 miles away

Nearest school

0.30 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £300,000

March 25, 2025

Floor Plans

Description

  • Guide Price £300,000 - £315,000 +
  • Extended Mid Terrace Character House with No Onward Chain +
  • Three Double Sized Bedrooms +
  • Spacious Lounge with Feature Fireplace & Bay Window +
  • Good Sized Dining Room with French Patio Doors +
  • Extended Kitchen/Breakfast Room with Rear Lean-To & WC +
  • Modern Bathroom Suite +
  • Foregarden & South Facing Rear Garden +
  • Close to the Town Centre, the Train Station & the River Arun +
  • Opportunity for Further Improvements & Modernisation +

A well-presented three bedroom mid terrace house providing spacious and versatile accommodation throughout, having been extended to the rear to boasting a large kitchen/breakfast room with a lean-to providing storage space and a WC. The property is offered to the market with no onward chain and provides excellent potential for further improvements and modernisation and would therefore suit a range of buyers particularly first time buyers, families and investors. Internally and to the ground floor the property comprises a welcoming entrance hall with stairs to the first floor, a spacious and cosy lounge with a front facing bay window and a feature fireplace, a good sized dining room with a set of French doors to the side elevation leading to the rear garden, an extended kitchen/breakfast room spanning 18'09 with ample space for appliances, and a rear lean-to with storage space and a WC. To the first floor the landing gives access to three well-proportioned double sized bedrooms with the front largest bedroom featuring three front facing double glazed windows, as well as a contemporary bathroom suite with modern fittings and a shower over the bath. Externally the property benefits from a lovely south facing rear garden with laid with both stone paving and a lawn enclosed with wooden fencing and brick walling, and to the front is a low-maintenance foregarden enclosed with stone and brick walling. The property is located in a pleasant and convenient position close to the town centre and the train station with a range of nearby shops, amenities, schools and both road and public transport links further afield as well as being just 0.5 miles from the river providing lovely riverside walks. ADDITIONAL INFORMATION: Council Tax Band: C Local Authority: Arun Early viewing is highly recommended due to the property being realistically priced. Disclaimer: These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property. TENURE To be confirmed by the Vendor’s Solicitors POSSESSION Vacant possession upon completion VIEWING Viewing strictly by appointment through The Express Estate Agency

Agent Details

Express Estate Agency, Nationwide

03330 165458

Next Steps?

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