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Aldwick Close, Rustington, Littlehampton

South East

£430,000
Listed on 09/05/2024

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached house presents a valuable opportunity for renovation in a sought-after area close to the seafront. Nestled in a tranquil cul-de-sac, the property boasts both a garage and driveway parking, adding to its appeal for potential buyers looking for convenience. The residence is characterized by three spacious double bedrooms, providing ample living space suitable for families or those looking to invest. The ground floor features a convenient cloakroom, enhancing functionality in daily routines. A notable highlight of this home is the 14’05 conservatory, which offers versatile options for use as a sunlit lounge or additional living area. The living room and dining room provide generous spaces that could benefit from modern updates, allowing new owners to customize according to their taste. The kitchen and bathroom areas also present opportunities for enhancement, making it an ideal project for those inclined toward home improvement. With some updating, this property has the potential to become a beautiful family home or a profitable rental investment. Location-wise, being in popular South Rustington ensures access to local amenities and recreational activities along the nearby seafront. This combination of location advantages and renovation potential makes this property an attractive prospect for both investors and homeowners alike. Viewing is encouraged to fully appreciate what this property has to offer.

Investment Analysis

(BN16 area)
Area Average
£397/sq ft
Avg Rent (weekly)
£319
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (BN16)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -1.8%
5 year growth: 14.5%
Investment Disclaimer: Analysis based on BN16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Aldwick Close, Rustington, Littlehampton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,575
Based on a loan of £322,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE