Beach Road, Littlehampton
NI

Beach Road, Littlehampton

By Nicholas James

£ 500,000

Reviews

2 out of 5 stars

Nicholas James says ..

A substantial freehold mixed-use investment currently producing £58,400pa. The property comprises a ground floor shop unit fronting Beach Road which is currently let at £8,000pa on a lease expiring 31st September 2029 with 3 x 2 bedroom flats and 1 x 1 bedroom flat which produce £50,400pa collect...

Property Oracle says ..

This property in Littlehampton, West Sussex, presents itself as a mixed-use investment opportunity. Situated on Beach Road, it benefits from a high-street location close to Littlehampton Train Station, making it convenient for commuting. The building comprises several residential apartments and a commercial unit, a mix that can provide diverse income streams. The external presentation is decent, though not overly impressive. Internally, the state of the apartments appears mixed; some areas seem well-maintained, others could benefit from modernisation and thorough cleaning. The lack of explicit square footage data makes it challenging to accurately assess the value, however the overall price of £500,000 must be considered against similar properties in the vicinity. The absence of any significant outdoor space or parking for residents will be a significant drawback for prospective tenants and purchasers. Further investigation, including a detailed breakdown of the current rental income from each apartment, is necessary to reach a definitive conclusion on its value and viability as an investment. Given the limitations in information, it is difficult to give a concrete appraisal, but prospective buyers should consider the potential rental yield against refurbishment costs and the inherent challenges of a mixed-use building management.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
1
Bedrooms
7
Bathrooms
0

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

Metrics YoY

Area value
100 £
from 0 £
Rental value
20 £
from 0 £
Rental Yield
20 %
from 0 %
Crime Rate
961 %
from 0 %

Agent Activity

  • Nicholas James created the listing.

Nearby Schools

NameTypeOfstedDistance
River Beach Primary SchoolAcademy ConverterGood0.48 KM
The Littlehampton AcademyAcademy Sponsor LedRequires improvement0.85 KM
St Catherine'S Catholic Primary School, LittlehamptonVoluntary Aided SchoolRequires improvement0.95 KM
Littlehampton Children And Family CentreChildren's Centre0.98 KM
White Meadows Primary AcademyAcademy ConverterGood1.17 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
High Street £ 237,37500.00 KM
Netley Court £ 265,00000.00 KM
Riverside Walk £ 366,37000.00 KM
Talbot Road £ 305,00000.00 KM
St. Flora's Close £ 250,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Littlehampton5260LIT0.68 KM
Arundel5251ARU4.45 KM
Ford5258FOD4.83 KM
Angmering5267ANG5.66 KM
Amberley5250AMY9.79 KM

Nearby Listings

AddressPriceTypeScoreDistance
Beach Road, Littlehampton £ 500,000BUY4 / 100.00 KM
Beach Road, Littlehampton, West Sussex £ 110,000BUY5 / 100.04 KM
Church Street, Littlehampton, West Sussex £ 350,000BUY6 / 100.07 KM
St. Catherines Road, Littlehampton, BN17 £ 220,000BUY5 / 100.10 KM
Manor Parade, Church Street £ 179,500BUY5 / 100.11 KM

Nearby Properties

AddressPriceDistance
33c Beach Road £ 115,0000.03 KM
35a Beach Road £ 88,8000.03 KM
33b Beach Road £ 95,0000.03 KM
21b Beach Road £ 128,5000.03 KM
35c Beach Road £ 120,0000.03 KM