Phoenix Way, Southwick
HY

Phoenix Way, Southwick

By Hyman Hill

£ 400,000

Reviews

3 out of 5 stars

Hyman Hill says ..

** HIGHLY POPULAR ROAD/LOCATION ** SHOREHAM ACADEMY CATCHMENT ** Hyman Hill are delighted to offer for sale this three bedroom 1930's bay fronted family home enjoying a quiet location on level ground within easy reach of shops and transport links. Although modernisation throughout is required, be...

Property Oracle says ..

This three-bedroom semi-detached house located on Phoenix Way in Southwick, West Sussex, presents a mixed bag of opportunities and challenges for potential buyers. The property’s main advantage is its location. Its proximity to the highly-rated Shoreham Academy and Southwick train station makes it appealing to families and commuters. The garden, although not expansive, provides additional living space. However, the property’s condition is a significant drawback. The images clearly show a property in need of modernisation; the interior finishes (carpet, kitchen, bathrooms) are outdated, and updating would likely be a considerable expense. This makes it difficult to fully assess its value for money at £400,000. Although there is a lack of detailed information regarding the exact square footage and plot size this does make a fair assessment of the property difficult. This necessitates further investigation and a thorough survey before committing to a purchase. The property could be an excellent investment with substantial potential, but only after the investment to renovate the property has been considered. Prospective buyers need to weigh the cost of necessary renovations against the benefits of the location and the potential for increased value after improvements.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
983.80

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
705,248.00 £
Increased by 4.59 %
from 674,309.00 £
Est sale value
489,932.40 £
Decreased by 29.96 %
from 699,481.80 £
Average area rental value
1,375.00 £/mo
Decreased by 25.80 %
from 1,853.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 983.80 £/mo
Est rental Yield
2.34 %
Decreased by 29.09 %
from 3.30 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Hyman Hill marked this listing as sold.

  • Hyman Hill created the listing.

Nearby Schools

NameTypeOfstedDistance
Glebe Primary SchoolCommunity SchoolRequires improvement0.36 KM
Shoreham AcademyAcademy Sponsor LedOutstanding0.48 KM
Shoreham CollegeOther Independent School0.81 KM
Holmbush Primary AcademyAcademy ConverterGood0.88 KM
Herons Dale SchoolCommunity Special SchoolGood0.93 KM

Images

KITCHEN BED 1B GARAGE FRONT 1 GARDEN REAR SHOT LOUNGE 2 DINING 2 DINING KITCHEN 2 LEAN TO 3 BED 2B FRONT 6

Nearby Streets

NameAverage PriceAverage SqftDistance
Clarendon Road £ 337,47500.00 KM
Elizabeth Road £ 000.00 KM
Spring Gardens £ 185,00000.00 KM
Chiltern Close £ 400,00000.00 KM
Amelia Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Southwick5286SWK0.85 KM
Fishersgate5284FSG2.46 KM
Shoreham-By-Sea5277SSE3.38 KM
Portslade5276PLD3.99 KM
Aldrington5280AGT6.36 KM

Nearby Listings

AddressPriceTypeScoreDistance
Phoenix Way, Southwick £ 400,000BUY6 / 100.00 KM
Cross Road, Southwick, Brighton £ 750,000BUY7 / 100.13 KM
Underdown Road, Southwick £ 550,000BUY6 / 100.13 KM
Cross Road, Southwick £ 310,000BUY5 / 100.14 KM
Cross Road, Southwick, Brighton, West Sussex, BN42 £ 850,000BUY6 / 100.14 KM

Nearby Properties

AddressPriceDistance
25 Phoenix Way £ 425,0000.00 KM
33a Phoenix Way £ 138,5000.00 KM
33 Phoenix Way £ 155,0000.00 KM
31a Phoenix Way £ 143,0000.00 KM
38 Phoenix Way £ 152,5000.00 KM