Steeplechase Way, Fontwell, Arundel, West Sussex, BN18
MO

Steeplechase Way, Fontwell, Arundel, West Sussex, BN18

By Morris Dibben

£ 55,000

Reviews

2 out of 5 stars

Morris Dibben says ..

SHARED OWNERSHIP two bedroom first floor apartment to purchase at a 25% share from £55,000 with a minimum 5% mortgage deposit of £2,750. Call today to arrange your appointment to view & discuss this individual home! The entrance hall benefits from two storage cupboards ...

Property Oracle says ..

This two-bedroom apartment in Fontwell, West Sussex, is situated on Steeplechase Way, a street with an average property price considerably higher than the list price of this property. The apartment appears to be in good condition, boasting a modern design and well-maintained interior. Images show a contemporary kitchen, a spacious living area, and two bedrooms, all of which seem freshly decorated and well equipped. The bathroom also looks to be in excellent condition. The location is advantageous, with good transport links via Barnham train station (2.86 km) and a range of highly rated schools within a relatively short distance. The Amicus School, rated as ‘Good’ by Ofsted, is particularly close by. The lack of external space, however, is a notable drawback as the property is an apartment with no garden. The price of £55,000 is significantly lower than other properties in the immediate area, though more data is needed to determine the precise market value. Given the listed square footage and the apparent newness and condition, the price point would need investigation to ascertain if this reflects true market value or a unique circumstance. Overall, this property presents a potentially attractive option for a first-time buyer or investor, but a comprehensive valuation is necessary to fully determine its market worth given the seemingly low price relative to the area.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
626.46

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
564,208.00 £
Increased by 1.77 %
from 554,386.00 £
Est sale value
493,650.48 £
Increased by 88.07 %
from 262,486.74 £
Average area rental value
1,763.00 £/mo
Increased by 7.89 %
from 1,634.00 £/mo
Est letting value
1,252.92 £/mo
Increased by 100.00 %
from 626.46 £/mo
Est rental Yield
3.75 %
Increased by 5.93 %
from 3.54 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Morris Dibben created the listing.

Nearby Schools

NameTypeOfstedDistance
The Amicus SchoolOther Independent Special SchoolGood0.37 KM
Ormiston Six Villages AcademyAcademy Sponsor LedGood2.02 KM
Eastergate Cofe Primary SchoolVoluntary Controlled SchoolGood2.02 KM
Slindon CollegeOther Independent School2.24 KM
Barnham Primary SchoolAcademy ConverterGood2.27 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Steeplechase Way £ 165,00000.00 KM
Dales Road £ 320,00000.00 KM
Old Bottle Way £ 000.00 KM
Farrier Way £ 000.00 KM
Cooke Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Barnham5252BAA2.86 KM
Bognor Regis5253BOG7.96 KM
Ford5258FOD8.52 KM

Nearby Listings

AddressPriceTypeScoreDistance
Caspian Court Steeplchase Way, Fontwell, BN18 £ 215,000BUYUnknown0.07 KM
Old Bottle Way, Fontwell, Arundel, West Sussex, BN18 £ 137,500BUY8 / 100.10 KM
Billsborough Lane, Fontwell, BN18 £ 425,000BUY8 / 100.13 KM
Billsborough Lane, Fontwell £ 425,000BUY7 / 100.14 KM
Farrier Way, Fontwell, Chichester, West Sussex £ 375,000BUY7 / 100.16 KM

Nearby Properties

AddressPriceDistance
Westfields House £ 635,0000.28 KM
Coppers £ 310,0000.30 KM
Coach House £ 550,0000.30 KM
The Old Police House £ 370,0000.30 KM
Days £ 389,0000.35 KM