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Meadway, Rustington, BN16

South East

£700,000
Listed on 07/04/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
2207 sqft

Description

Located within the sought-after Sea Estate, this expansive detached chalet bungalow presents a remarkable opportunity for renovation and investment. The property boasts an open-plan layout that extends to a west-facing garden, ideal for those who appreciate outdoor space. The ground floor consists of two spacious bedrooms equipped with built-in wardrobes, a family bathroom, and a separate cloakroom. A sizable kitchen with an adjacent utility room complements the formal dining area, which features doors leading directly to the garden—creating an inviting setting for gatherings or relaxation. The living room also offers direct access to the garden, enhancing its appeal as an entertainment space. On the upper level, there are two additional bedrooms, both fitted with wardrobes, alongside another family bathroom. Outside, ample driveway parking is available leading up to a garage. It is important to note that the property requires substantial refurbishment but is priced to reflect this potential, making it an excellent prospect for those looking to tailor their ideal home in this desirable neighbourhood.

Investment Analysis

(BN16 area)

Below Market Value

This property is priced -20.1% below area average per sq ft

-20.1%
Potential saving
This Property
£317/sq ft
Area Average
£397/sq ft
Avg Rent (weekly)
£338
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£963,311
10% above area average per sq ft
Potential ROI
+23.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (BN16)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -2.0%
5 year growth: +7.9%
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

Meadway, Rustington, BN16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,479
Based on a loan of £525,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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